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Associate, IFRS 17 Project (contract)

Associate, IFRS 17 Project (contract)

Great Eastern LifeKuala Lumpur, Kuala Lumpur, Malaysia
30+ days ago
Job description

Job Title

Associate, IFRS 17 Project (contract)

Job Number

Position

Associate, IFRS 17 Project

About the Company

Great Eastern Life Malaysia is a leading insurer in Asia with a history of over a century.

The Role

Assist in designing a strategic framework for the IFRS 17 transition, analysing profitability impacts, and developing the transition model and impact assessment. Provide ongoing monitoring of regulatory trends and risk management best practices.

Responsibilities

  • Assist in designing a strategic framework which includes an assessment of the size of the transition block and recommendation for the best transition approach.
  • Assist in determining the business strategy post‑implementation of IFRS 17 which includes analysis of differences in profitability measurement under current and IFRS 17 reporting requirements.
  • Analyse the emerging pattern of IFRS 17 profit and recommend enhancements.
  • Design the Transition Model and Impact Assessment.
  • Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies to understand risk and safeguard the company.
  • Highlight any potential concerns / risk and proactively share best risk‑management practices.
  • Other related responsibilities as required.

Qualifications & Experience

  • Recognised tertiary qualification in Statistics, Maths or Actuarial Studies.
  • Minimum 1–2 years of actuarial‑related experience.
  • Passed actuarial examinations from recognised bodies (e.g., Faculty of Actuaries, Scotland; Institute of Actuaries, England; Society of Actuaries, US).
  • Knowledge of professional actuarial standards and code of conduct.
  • Understanding of IFRS 17 reporting requirements.
  • Good written and verbal communication skills.
  • Fresh graduates with strong results may be considered.
  • High level of integrity, accountability, teamwork, initiative and adaptability.
  • Equal Employment Opportunity

    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

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