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.

About the Job

We are seeking a highly motivated Senior Analyst to become part of the General Insurance (GI) actuarial team. You will be part of a dynamic team of actuaries and provide support to GI business.

• Collaborates with internal/external stakeholders to price and develop GI products.
• Provides pricing guidance and review support across entities.
• Assists the Company in driving the GI business through experience and profitability analysis on various business lines.
• Performs business projections for business planning, stress scenario construction and stress testing under both RBC and IFRS 17 basis.
• Supports valuation and reinsurance (RI) related assessment.
• Develops and enhances in-house statistical capability using SAS software, which includes:
  a) Periodic data preparation for valuation and pricing
  b) Assist in the financial management of the general business
  c) Support business units by generating required reports
• Provides technical support on other general insurance related matters, such as marketing, underwriting and claims management.

We are looking for people who

• Degree in Actuarial or relevant fields, and good progress in Actuarial examinations
• Excellent in statistical analysis, problem solving and communication skills
• Proficient in MS Excel and good knowledge of statistical packages and strong interest in programming (e.g SAS, SQL, VBA)
• Familiar with general insurance, RBC2, reinsurance structures, IFRS17, AS400 system data structure
• 2 to 3 years of relevant working experience
• Demonstrates alignment with the organisation’s core values through expected behaviours.

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.

Application

• Email your CV, earliest employment start date and minimum expected salary to Shanice Sng ShaniceSngRY@greateasternlife.com

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.