Job Description

Job PurposeWe are seeking a highly motivated 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.The Job\xc2\xb7 To develop and enhance in-house statistical capability using SAS software, which includes:a) Periodic data preparation for valuation and monitoring purposesb) Assist in the financial management of the general businessc) Support business units by generating required reports\xc2\xb7 Supports Reinsurance (RI) related assessment, such as optimal RI assessment, RI accounting and financial reporting.\xc2\xb7 Assists the Company in driving the GI business through profitability analysis and actuarial valuation on various business lines.\xc2\xb7 Performs business projections for business planning, stress scenario construction and stress testing.\xc2\xb7 Supports implementation of target operating model for IFRS 17, including the assessment of insurance reserves, profit and loss.\xc2\xb7 Provide technical support on other general insurance related matters, such as marketing, underwriting and claims managementQualificationsOur Requirements\xc2\xb7 Degree in Actuarial or relevant fields, and good progress in Actuarial examinations\xc2\xb7 Excellent in statistical analysis, problem solving and communication skills\xc2\xb7 Proficient in MS Excel and good knowledge of statistical packages and strong interest in programming (e.g SAS, SQL, VBA)\xc2\xb7 Familiar with general insurance, RBC2, reinsurance structures, IFRS17, AS400 system data structure, and Prophet programming will be an advantage\xc2\xb7 1 year of relevant working experience\xc2\xb7 Demonstrates alignment with the organisation\xe2\x80\x99s core values through expected behavioursAbout Great EasternEstablished in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people\xe2\x80\x99s lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.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.

Great Eastern