Associate - IFRS17 Valuation

Great Eastern; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Great Eastern Malaysia is seeking a professional to ensure timely IFRS17 BAU reporting, perform results validation on calculation models, and support regular reporting to provide accurate financial numbers.

The role involves analyses for stakeholders, automation initiatives to strengthen controls, maintaining SOPs, and leveraging actuarial knowledge with tools like Prophet, Python, DCS, and Excel.

Qualifications

• Less than 3 years of actuarial related experience.
• Knowledge on: (i) Actuarial models (Basic); (ii) Actuarial theories, practices and procedures (Basic)
• Carry out IFRS17 BAU reporting tasks and other activities related to regular reporting to ensure timely, efficient and accurate reporting of the financial numbers.
• Assist in regular and adhoc analyses requested by stakeholders to provide insights into IFRS17 numbers. This includes addressing queries from external auditors and internal stakeholders, Analysis of Change investigations, impact assessments, reasonableness checks and analysis of financial numbers.

Responsibilities

• Carry out IFRS17 BAU reporting tasks and other activities related to regular reporting to ensure timely, efficient and accurate reporting of the financial numbers.
• Perform results validation and testing on calculation models, including Prophet, DCS, Python, Aptitude and Excel models.
• Assist in regular and adhoc analyses requested by stakeholders to provide insights into IFRS17 numbers.
• Assist in implementing streamlining and automation initiatives to strengthen controls and checks, and to optimise IFRS17 reporting timelines.
• Maintain and enhance SOPs for IFRS17 reporting processes.

Skills

IFRS17 reporting

Actuarial basics

Analytical thinking

Regulatory compliance

Tools

Prophet

DCS

Python

Excel

Aptitude

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

Ensure timely, efficient and accurate execution of IFRS17 reporting requirements.

• Carry out IFRS17 BAU reporting tasks and other activities related to regular reporting to ensure timely, efficient and accurate reporting of the financial numbers.
• Perform results validation and testing on calculation models, including Prophet, DCS, Python, Aptitude and Excel models.
• Assist in regular and adhoc analyses requested by stakeholders to provide insights into IFRS17 numbers. This includes addressing queries from external auditors and internal stakeholders, Analysis of Change investigations, impact assessments, reasonableness checks and analysis of financial numbers.
• Assist in implementing streamlining and automation initiatives to strengthen controls and checks, and to optimise IFRS17 reporting timelines.
• Maintain and enhance SOPs for IFRS17 reporting processes.
• Less than 3 years of actuarial related experience.
• Knowledge on: (i) Actuarial models (Basic); (ii) Actuarial theories, practices and procedures (Basic)
• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels - a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

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.