Associate, Actuarial (FCM)

Great Eastern Life; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

Great Eastern Life is seeking a Manager in Actuarial (FCM) to perform data testing under IFRS 17 and analyze financial results. Candidates should possess a degree in Statistics or Actuarial Sciences, have at least 4 years of experience, and demonstrate proactive problem-solving skills. This permanent role offers growth opportunities in a well-respected organization that values integrity and teamwork.

Qualifications

• Minimum of 4 years' experience in the financial services industry.
• Relevant professional qualifications are required.
• High integrity, accountability, and a positive attitude towards teamwork.

Responsibilities

• Perform IFRS 17 data testing and analyze financial results.
• Prepare solvency results and ensure compliance with regulatory requirements.
• Identify potential risks and share best practices.

Skills

Communication

Interpersonal Skills

Proactiveness

Adaptability

Risk Management

Education

Degree in Statistics, Mathematics, or Actuarial Sciences

Tools

MS Office

Macro

VBA

Excel

Prophet

Job description

Job Description - Associate, Actuarial (FCM) (2100013J)

Job Number:

2100013J

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 long-lasting legacy of trust with our customers across generations. This trust is rooted in Integrity, Initiative, and Involvement—from honest and transparent customer relationships to proactive delivery of the best solutions in life and general insurance.

Integrity, Initiative, and Involvement guide us. They inspire us to do the right thing, lead proactively, and prioritize team success. Our mission is to make life great for our customers by understanding their needs and helping them protect what matters most.

If you seek an enriching career with growth opportunities, we invite you to join our team as Manager, Actuarial (FCM).

The Role:

• Perform IFRS 17 data testing and related tasks
• Analyze valuation and financial results (profits, surplus, reserves, capital requirements)
• Test valuation data from policy administration systems
• Prepare and analyze solvency results for IAIS ICS computations
• Prepare and analyze solvency results required by MAS
• Ensure compliance with business and regulatory requirements, and mitigate associated risks
• Stay informed on industry trends, regulatory changes, emerging threats, and technologies to better safeguard the company
• Identify potential risks and share best risk management practices
• Perform other related responsibilities

The Person:

• Degree in Statistics, Mathematics, or Actuarial Sciences, with relevant professional qualifications
• Minimum of 4 years' experience in the financial services industry
• Effective communication and interpersonal skills
• Proficient in MS Office, including Macro, VBA, and Excel
• Experience with Prophet for product modeling and projection
• High integrity, accountability, and a positive attitude towards teamwork
• Proactive in improving processes and adaptable to change

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

Entity: Great Eastern Life Malaysia

Employment Type: Permanent

Note for Recruitment Agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes via email or to employees. We are not responsible for any fees related to unsolicited resumes.