Assistant Manager, Strategy - In Force Anlaytics

Great Eastern; Kuala Lumpur; On-site; MYR 20,000 - 100,000; Full time

Job summary

A leading insurer in Asia is looking for an Assistant Manager, Strategy - In Force Analytics in Kuala Lumpur. The candidate will assist in formulating strategies for asset management and capital optimization and should possess a Bachelor's Degree in actuarial science or related fields with over three years of experience. Applicants must have strong analytical reasoning and good communication skills. Opportunities for growth exist within a company that values integrity, initiative, and involvement.

Qualifications

• Over 3 years of actuarial experience in insurance industry.
• Experience preferably in a valuation background.
• Ability to work transversally with various stakeholders.

Responsibilities

• Assist in formulating ALM optimisation for liquidity and earnings.
• Monitor capital efficiency through Return on Regulatory Capital.
• Prepare analyses for SMT and ALCO.

Skills

Strong analytical reasoning

Good communication skills

Data orientation

Self-motivated

Result-focused

Education

Bachelor's Degree in actuarial science/mathematics/statistics

Job description

Assistant Manager, Strategy - In Force Anlaytics

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 insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement – from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.

Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose ‘we’ over ‘me’. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.

If you are looking to grow in an exciting career filled with opportunities and potential, we are seeking a professional to join our team as Assistant Manager, Strategy – In Force Analytics.

The Role:

• Assist in formulating the Asset Liability Matching (ALM) Optimisation in the perspectives of liquidity, earnings volatility, reinsurance, capital and free surplus management Asset Allocation (SAA/TAA) with the support from Actuarial, Investment and Finance Department
• Assist in formulating the regulatory capital management optimization via the ALM & identify and initiate and support the inforce initiatives and business cases for business opportunities optimization
• Analyse and monitor the capital efficiency through Return on Regulatory Capital measure by line of business
• Prepare the relevant analysis and monitoring where required in SMT and ALCO & Provide in-depth claim analysis and propose ideas to improve the experience

The Person:

• Candidate must possess at least a Bachelor's Degree, in actuarial science/ mathematics/ statistics.
• Over 3-year actuarial experience in insurance industry (preferably with Valuation background) with strong acumen on business value chain and products, technical and/or operations side
• Good communication skills - written and verbal
• Very strong analytical reasoning and data orientation
• Self-motivated and result-focused
• Able to work in a very transversal manner with various stakeholders
• Very strong analytical reasoning, data orientation & Able to work in a very transversal manner with various stakeholders
• 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

Great Eastern Malaysia is committed to Equal Employment Opportunity, and all qualified applicants shall receive a fair and equal consideration for employment.

Entity: Great Eastern Life Malaysia

Employment Type: Permanent

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.

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