Associate, Actuarial

About the Job

As part of the Actuarial System Support team, you will be required to set-up products in the product factory; coordinate and collaborate with Business subject matter experts (SMEs) in defining user requirements and objectives; and work with the various stakeholders in delivering the product on time.

• Set-up products in the product factory, which includes product formula configuration and rate setting for frontend and backend interfaces for new product rollout.
• Conduct product testing in the product factory.
• Work with business SMEs (Actuarial Pricing team, Product Implementation team, Products team, Operations team) to define business requirements, scope and objectives.
• Prepare business requirement and review functional specification documents.
• Provide technical support, troubleshoot and resolve system issues related to product formula and rate setup.
• Provide support in regional governance of formula bank and product factory set-up.
• 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 to understand the risk and better safeguard the company.

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How you succeed

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 Bank

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.