Actuarial Analyst

Job Purpose
We are looking for a highly motivated individual to join the Business Finance Department with key focus on Embedded Value reporting for Great Eastern Singapore's life business and Great Eastern Group.

The Job
• Support the preparation and analysis of monthly new business embedded value ("NBEV") for Singapore Life business and Great Eastern Group.
• Support the preparation of annual embedded value ("EV") reporting, including the review of EV related assumptions for Singapore Life business and Great Eastern Group.
• Assist in the analysis of profits of Great Eastern's businesses to provide actionable insights to support decision-decision making.
• Assist in annual business planning exercise and forecasting of key financial metrics to improve the predictability of business performances in order to achieve long-term financial sustainability.
• Participate in corporate-wide initiatives and projects.
• Identify and highlight business risk and opportunities to improve the financial performance.
• Foster a data-driven analytical culture by assembling the business data and translate them into business insights.
• Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlight any potential concerns /risks and proactively shares best risk management practices.

Our Requirements
• Degree holder in Actuarial Science and with good progress in Actuarial exams;
• Up to 3 years of experience in actuarial work;
• Familiar with Singapore RBC regulations and IFRS 17 is an advantage;
• Proficient at Actuarial work applications (Prophet, MS Excel/VBA, SQL);
• Proactive in initiating and leading discussion with various stakeholders;
• Excellent communication and organizational skills;
• Excellent technical, analytical, and problem solving skills;
• High level of integrity, takes accountability of work and good attitude over teamwork;
• Takes initiative to improve current state of things and adaptable to embrace new changes

About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.