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Indirect Contract - Associate, Actuarial (FCM)

Great Eastern Life

Kuala Lumpur

On-site

MYR 48,000 - 72,000

Full time

2 days ago
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Job summary

A leading insurance company is seeking an Indirect Contract Associate for their IFRS 17 Project Team. This role involves supporting actuarial tasks such as reporting, testing, and process improvement, suitable for candidates with a solid educational background in relevant fields. Fresh graduates are welcomed to apply.

Qualifications

  • Recognized tertiary qualification in relevant field.
  • Passed actuarial exams from accredited institutions.
  • High integrity, accountability, and a positive team attitude.

Responsibilities

  • Assist in preparing and submitting valuation and statistical reports.
  • Conduct user acceptance testing on valuation data.
  • Identify potential risks and share best practices.

Skills

Excellent communication skills
Project management skills
Strong actuarial principles

Education

Tertiary qualification in Statistics, Maths, or Actuarial Studies

Job description

Job Description - Indirect Contract - Associate, Actuarial (FCM) (220000SU)

Job Number:
220000SU

Position: Indirect Contract, Associate, IFRS 17 Project Team

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 insurance solutions.

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

If you seek a dynamic career with growth opportunities, consider joining us as Indirect Contract, Associate, IFRS 17 Project Team.

The Role:

  • Assist in preparing and submitting valuation and statistical reports to regulators and internal stakeholders.
  • Conduct user acceptance testing on valuation data from policy administration systems.
  • Perform user acceptance testing for DCS & Prophet modelling.
  • Prepare product, compliance, and risk assessments.
  • Enhance reports and streamline current processes.
  • Conduct annual experience studies.
  • Stay informed on industry trends regarding regulatory compliance, emerging threats, and technologies to understand risks and safeguard the company.
  • Identify potential concerns or risks and share best risk management practices proactively.
  • Perform other related responsibilities.

The Person:

  • Possess a recognized tertiary qualification in Statistics, Maths, or Actuarial Studies.
  • Have passed some actuarial exams from the Faculty of Actuaries, Scotland; Institute of Actuaries, England; Institute of Actuaries, Australia; or Society of Actuaries, US.
  • Adhere to professional actuarial standards and codes of conduct.
  • Excellent communication skills, both written and verbal.
  • Strong project management skills and sound actuarial principles.
  • Fresh graduates with good results are encouraged to apply.
  • High integrity, accountability, and a positive team attitude.
  • Proactive in improving processes and adaptable to change.

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

Entity: Great Eastern Life Malaysia

Employment Type: Permanent

Note for Recruitment Agencies: We do not accept unsolicited resumes. Please do not send resumes via email or to employees. We are not responsible for any fees related to unsolicited resumes.

About Great Eastern:

Founded in 1908, Great Eastern puts customers at the center of everything. Our legacy extends beyond products to a culture defined by our core values—Integrity, Initiative, and Involvement—that guide our actions and uphold our promise to serve our customers diligently and sustainably.

We value inclusivity and equal opportunity, encouraging all employees to excel and contribute to innovative insurance solutions.

Since 2018, we are a signatory to the UN Principles of Sustainable Insurance. Our ESG-driven approach influences every business decision, from reducing environmental impact to promoting responsible investment and social well-being.

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