Associate - Actuarial (FCM)

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

• Compute appropriate reserve and capital requirements of the Company under local regulatory Framework.
• Analyze reserve and capital requirements movement.
• Analyze solvency position of the Company via sensitivity testing.
• Prepare and submit relevant reports to internal and external stakeholders such as regulators and internal parties.
• Prepare procedural manual and documentation.
• Perform user acceptance testing (UAT) on valuation data from relevant policy administration system.
• Perform UAT for Prophet modelling.
• Prepare product, compliance risk assessment.
• Other responsibilities entailed.

• Tertiary - Bach. in Statistics / Maths / Actuarial Studies Professional.
• With good progress in preliminary actuarial exams in one of the actuarial associations recognised by BNM.
• Proficient in Microsoft Office and programming language. Familiarity with the actuarial projection software Prophet is an advantage.
• Pays attention to details and able to complete tasks efficiently.
• Can work both independently and as part of the team.
• 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.

• 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.