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Associate, Actuarial (System Support)

Associate, Actuarial (System Support)

GREAT EASTERNKuala Lumpur, Kuala Lumpur, Malaysia
7 hours ago
Job description

Overview

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.

Responsibilities

  • Set-up products in the product factory, including 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.
  • Support regional governance of formula bank and product factory set-up.
  • Take accountability for business and regulatory compliance risks and take appropriate steps to mitigate the risks.
  • Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies to understand risk and safeguard the company.

Qualifications

  • Degree holder in Actuarial Studies or Statistics.
  • Preferably completed some preliminary examinations from an internationally recognized actuarial professional body.
  • At least 1 year of working experience in life insurance.
  • Familiarity with life insurance or SQL programming is an advantage.
  • Independent, detail-oriented, efficient, self-motivated and able to work under pressure.
  • Good interpersonal, writing and verbal communication skills.
  • Good technical and analytical skills.
  • Good working knowledge of Microsoft Office applications.
  • High level of integrity, accountability, and good teamwork attitude.
  • Proactive about improving current processes and adaptable to change.

    • 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 for business and regulatory compliance risks, implementing measures to mitigate them effectively.
  • Keep abreast of industry trends, regulatory compliance, and emerging threats and technologies to highlight potential concerns / risks and safeguard the company proactively.

    • Who we are

    Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With assets exceeding S$100 billion and millions of policyholders, it provides insurance solutions through distribution channels including tied agency, bancassurance, and financial advisory services. The Group also operates in Indonesia and Brunei. Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have high financial strength ratings from S&P Global Ratings since 2010. Great Eastern is a subsidiary of OCBC. OCBC is a large, highly rated financial services group in Southeast Asia.

    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.

    Seniority level

  • Associate

    • Employment type

  • Full-time

    • Job function

  • Finance

    • Industries

  • Insurance

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    Associate Actuarial • Kuala Lumpur, Kuala Lumpur, Malaysia