Assistant Vice President, Actuarial (FCM)

To be the guardian of the financial position of the Company and policyholders’ reasonable
expectations by providing reliable financial information that strategically contributes to the
Company’s solvency and returns to shareholders.

• Review experience of and assumptions for life insurance portfolio (e.g. Claims, Persistency)
• Review the modification and enhancement of Actuarial Modelling in Prophet Professional and 
Prophet Enterprise for reporting and capital frameworks, including IFRS17, BNM RBC and 
MAS RBC2.
• Review and monitor reserve and capital requirements of the Company under different
solvency framework (e.g. BNM RBC2, MAS RBC2 and IAIS ICS).
• Monitor solvency position of the Company and highlight any potential concerns / risks via
stress testing and sensitivity testing.
• Review the relevant reports to different stakeholders (e.g. BNM, PIDM and MAS).
• Review testing on valuation data from policy administration system.
• Transfer actuarial knowledge, skills and working experience to junior staffs.
• As part of the leadership team, work with key stakeholders to proactively shape the
organisation’s culture and conduct environment that is aligned to the organization’s Core
Values

• Tertiary -Bach. in Statistics / Maths / Actuarial Studies Professional
• Passed 100% of preliminary and 50% of intermediate actuarial exams in one of the actuarial 
associations recognised by BNM.
• At least 8 years of working experience in life insurance industry with strong grasp of life
insurance concept, Actuarial principles, and cross-functional knowledge.
• Competencies such as financial modelling, risk analytics, scenario planning and analysis,
valuation approaches and methodologies, customer orientation, decision-making, developing 
people, developing self and exploring possibilities.

How you succeed
• 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.

Who we are
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.