Assistant Manager, Strategy - In Force Anlaytics

Great Eastern Life; Kuala Lumpur; On-site; MYR 60,000 - 84,000; Full time

Job summary

Join a leading insurer as an Assistant Manager in Strategy – In Force Analytics at Great Eastern Life, where you'll contribute to optimizing capital management and enhancing business opportunities. Ideal candidates should hold an actuarial degree, possess strong analytical skills, and have over 3 years of relevant experience in the insurance sector.

Qualifications

• Experience in the insurance industry with actuarial expertise over 3 years is essential.
• Candidates should be results-focused and exhibit integrity and accountability.

Responsibilities

• Assist in formulating ALM Optimization focusing on liquidity and earnings volatility.
• Analyze and monitor capital efficiency and prepare monitoring reports for SMT and ALCO.

Skills

Analytical reasoning

Data orientation

Communication skills

Education

Bachelor's Degree in actuarial science, mathematics, or statistics

Job description

Job Description - Assistant Manager, Strategy - In Force Analytics (220001BX)

Job Number:

220001BX

Position: Assistant Manager, Strategy – In Force Analytics.

Discover the GREAT in your career.

As a LIFE company, our customers are at the heart of all that we do. Being one of Asia’s leading insurers for over a century, we have built a legacy of trust with our customers across generations. Our core values—Integrity, Initiative, and Involvement—guide our actions, from honest and transparent customer relationships to proactive delivery of the best insurance solutions.

If you seek an exciting career with growth opportunities, we invite you to join us as Assistant Manager, Strategy – In Force Analytics.

The Role:

1. Assist in formulating Asset Liability Matching (ALM) Optimization focusing on liquidity, earnings volatility, reinsurance, capital, and free surplus management, with support from Actuarial, Investment, and Finance Departments.
2. Support regulatory capital management optimization via ALM and identify inforce initiatives for business opportunities enhancement.
3. Analyze and monitor capital efficiency using Return on Regulatory Capital by line of business.
4. Prepare relevant analysis and monitoring reports for SMT and ALCO, including in-depth claim analysis and improvement ideas.

The Person:

1. Candidate must possess at least a Bachelor's Degree in actuarial science, mathematics, or statistics.
2. Over 3 years of actuarial experience in the insurance industry, preferably with valuation background, with strong understanding of business value chain, products, and operations.
3. Excellent written and verbal communication skills.
4. Strong analytical reasoning and data orientation.
5. Self-motivated and result-focused.
6. Ability to work collaboratively with various stakeholders.
7. High integrity, accountability, and positive teamwork attitude.
8. Proactive in improving processes and adaptable to change.

Great Eastern Malaysia is committed to Equal Employment Opportunity. All qualified applicants will receive fair consideration.

Entity: Great Eastern Life Malaysia

Employment Type: Permanent

About Great Eastern

Established in 1908, Great Eastern prioritizes customers through our core values of Integrity, Initiative, and Involvement. We foster a culture of inclusivity and sustainability, being a signatory to the UN Principles of Sustainable Insurance since 2018, integrating ESG considerations into our operations and investments to promote a low-carbon economy and responsible business practices.

Note to Recruitment Agencies: We do not accept unsolicited resumes. Please refrain from sending resumes via email or to employees, as we will not be responsible for any related fees.