Manager, IFRS 17 Project

Great Eastern Life; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading insurance company in Asia is seeking an experienced Manager for the IFRS 17 Project. The role requires expertise in actuarial sciences, strong communication skills, and the ability to implement reporting standards effectively. Join a dynamic team committed to delivering the best solutions in the insurance industry.

Qualifications

• Over 5 years of working experience in the actuarial field.
• High level of integrity and accountability.
• Adaptability to embrace new changes.

Responsibilities

• Implement IFRS 17 reporting standard requirements.
• Drive and manage end-to-end UAT on the IFRS reporting process.
• Design strategic framework for transition approach.

Skills

Strong communication

Interpersonal skills

Proficient in MS Office

VBA

Macro

Excel

Experience in Prophet

Initiative

Education

Degree in Statistics

Degree in Mathematics

Degree in Actuarial Sciences

Professional qualifications (e.g. IFoA, SoA)

Job description

Job Description - Manager, IFRS 17 Project (210000Z0)

Manager, IFRS 17 Project (

Job Number:

210000Z0 )

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 enriching career filled with opportunities and potential, we are seeking an experienced professionalto join our team as Manager, IFRS 17 Project.

The Role:

• Implement and set up the new IFRS 17 reporting standard requirements and ensure consistency across all entities within Great Eastern
• Draft GE Group’s interpretation of the IFRS 17 reporting standard into the Technical Accounting Papers
• Design a strategic framework that includes an assessment of the size of the transition block and recommendation for the best transition approach
• Drive the design and building of Prophet model architecture for IFRS 17 calculation
• Drive and manage end-to-end UAT on the IFRS reporting process
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company
• Highlights any potential concerns /risks and proactively shares best risk management practices
• Other tasks as assigned

The Person:

• Possess Degree in Statistics, Mathematics, or Actuarial Sciences, with professional qualifications (e.g. IFoA, SoA)
• Has more than 5 years of working experience in actuarial field
• Strong communication and interpersonal skills
• Proficient in MS Office, including VBA, Macro, Excel
• Experience in Prophet for product modelling and projection
• 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

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.