Jobs
>
Kuala Lumpur

    Manager, IFRS Valuation and Operational Optimisation - Kuala Lumpur, Malaysia - Great Eastern Malaysia

    Default job background
    Full time
    Description
    Discover the GREAT in your career.

    As a LIFE company, our customers are at the heart of all that we do. Being one of Asia's leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement - from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.

    Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose 'we' over 'me'. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.

    If you are looking to grow in an exciting career filled with opportunities and potential, we are seeking a professional to join our team as Manager, IFRS Valuation and Operational Optimisation.

    Job Purpose

    To aim for long term financial soundness through robust reserve management, ensuring conformance to the IFRS17, Central Bank's and Group's guidelines and requirements. You will support the business as usual closing under the new IFRS 17 standard, to analyze and optimize IFRS17 processes, as well as to develop and implement automated solutions.

    The Job
    • Lead and review the maintenance of the TVoG calculations and parameters to be used in the regular IFRS 17 reporting for Participating products.
    • Drive and manage the end-to-end UAT as part of Day 2 enhancement covering end-to-end reporting for reinsurance.
    • Drive and liaise with various stakeholders to provide the requirements to enhance the valuation files so as to include reinsurance related information.
    • Drive in the design and building of the Prophet model architecture for IFRS 17 calculation (including IDR requirements), especially on the modelling for reinsurance treaties.
    • Develop and implement automation processes to improve efficiency in operations and reduce manual tasks.
    • Analyze existing processes to identify areas for improvement and optimization, and create solutions to address those inefficiencies.
    • Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks
    • Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company
    • Highlight any potential concerns /risks and proactively shares best risk management practices
    • Other responsibilities entailed
    The Person
    • Tertiary - Bach. in Statistics / Maths / Actuarial Studies.
    • Professional - Passed some actuarial exams in Faculty of Actuaries, Scotland, Institute of Actuaries, England, Institute of Actuaries, Australia, Society of Actuaries, US
    • > 5 years actuarial related experience
    • Good communication skills - written and verbal
    • Relevant computer skills - Macro, Visual Basic, Excel, Word, Power Point etc
    • Prophet - Skills in product modelling & projection
    • Key Knowledge: Sound actuarial principles, Company's financial & market position and experiences, Company's overall operational procedures, Regulations and guidelines, Understanding of IFRS 17 reporting requirements
    • Key Competencies: Actuarial Knowledge, Actuarial Application - Prophet, Analysis & Numeracy, Financial Accounting & Reporting, Concern for Order and Quality, Problem solving and investigative abilities, Communication skills, Team player aptitude, Good inter-personal skills, Good integrity and trustworthy characteristics, Good customer service (Internal & external), Creativity
    • High level of integrity, takes accountability of work and good attitude over teamwork
    • Takes initiative to improve current state of things and adaptable to embrace new changes
    Great Eastern Malaysia is committed to Equal Employment Opportunity, and all qualified applicants shall receive a fair and equal consideration for employment.

    Location: HQ, Kuala Lumpur

    Entity: Great Eastern Life Malaysia

    Employment Type: Permanent

    About Great Eastern

    Established 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's 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.


  • EBC TECHNOLOGY MALAYSIA SDN BHD Kuala Lumpur, Malaysia

    Support Regional Head of Digital Marketing Operations with advice on overall operations, strategy and budgeting; -Provide Country Marketing Teams support in digital marketing strategy; -Articulate insights to key partners along with recommended actions; -Provide actionable insigh ...


  • Shopee Kuala Lumpur, Malaysia

    Department Business Development and Partnerships- LevelExperienced (Individual Contributor)- LocationMalaysia - Kuala LumpurThe Business Development and Partnerships teams at Shopee are dynamic and energetic. The teams are always looking to acquire business opportunities to drive ...


  • Nala Groups Kuala Lumpur, Malaysia

    Job Position: Frontend Developer · Job ID: C(A40)AH · Company Background: IT Solution Service Provider · Salary Range: Basic MYR6,000 MYR10,000 · Working Days: Mon - Fri · Working Hours: 9am 6pm (Lunch break: 12pm 1:30pm) · Location: Physical office at Horizon Bangsar South., KL. ...

  • SymphonyAI

    Service Architect

    8 hours ago


    SymphonyAI Kuala Lumpur, Malaysia

    Introduction: · **Service Architect** · This role is ultimately responsible for the stable operation and scalability of our cloud services. As a senior member of the Cloud Operation team they will work across the service lifecycle, including the following key activities: · - Serv ...


  • Hong Leong Bank Kuala Lumpur, Malaysia

    If you are looking to excel and make a difference, take a closer look at us · Key Responsibilities: · Strategic Planning · - Develop the Bank's strategic and tactical plans for payments merchant portfolio management and optimisation initiatives. This include initiatives to increa ...

  • Ekco

    Support, Workflow

    6 days ago


    Ekco Kuala Lumpur, Malaysia

    **About Us**: · Ekco is on a journey to becoming a leading force in the Global tech landscape We accelerate our customers digital ambitions security and intelligently through our focus on People Excellence, Customer Closeness, Speed of Execution, and Innovation & Thought leadersh ...


  • Ekco Kuala Lumpur, Malaysia

    **About Us**: · Ekco is on a journey to becoming a leading force in the Global tech landscape We accelerate our customers digital ambitions security and intelligently through our focus on People Excellence, Customer Closeness, Speed of Execution, and Innovation & Thought leadersh ...

  • Shopee

    Product Analyst

    3 days ago


    Shopee Kuala Lumpur, Malaysia

    Department Operations- LevelExperienced (Individual Contributor)- LocationMalaysia - Kuala LumpurThe Operation teams at Shopee covers the operational end-to-end process, from when the buyer searches for a product listed on the Shopee platform, to the moment the buyer receives the ...


  • Brand Catalyser Kuala Lumpur, Malaysia

    **Position Type**: Full-time · **Working Time**: Monday to Friday per week · **Location**: Online: Work from home (Malaysia). · **About Brand Catalyser** · Brand Catalyser is a Top-Rated Cross-border & Cross-Cultural Marketing & Consulting Firm headquartered in Australia, with of ...

  • Agensi Pekerjaan Graceful (M) Sdn Bhd

    Treasury Specialist

    6 days ago


    Agensi Pekerjaan Graceful (M) Sdn Bhd Kuala Lumpur, Malaysia

    **GENERAL FUNCTION** · Examines a company's financial transactions, giving special emphasis to operating working capital, credit, cash flow, revenue,. Analyse budgets, spending, as a treasury analyst to see if the company's money is being used wisely. · **TASKS** · - Analyse the ...

  • Agensi Pekerjaan Graceful (M) Sdn Bhd

    Treasury Analyst

    6 days ago


    Agensi Pekerjaan Graceful (M) Sdn Bhd Kuala Lumpur, Malaysia

    **GENERAL FUNCTION** · Examines a company's financial transactions, giving special emphasis to operating working capital, credit, cash flow, revenue,. Analyse budgets, spending, as a treasury analyst to see if the company's money is being used wisely. · **TASKS** · - Analyse the ...


  • Manhattan Group Kuala Lumpur, Malaysia

    We're seeking an experienced Operations Manager to oversee a prestigious riding school nestled in the tranquil landscapes of Thailand. · **Key Responsibilities**: · Manage day-to-day operations of the equestrian riding school. · Ensure smooth functioning of lessons, horse care, a ...


  • Markisa Services Sdn Bhd Kuala Lumpur, Malaysia

    Based in : Miri, Sarawak. 1. Coordinate, and assist Supervisor to manage end-to-end tender management which includes submission prior to the deadline. 2. Liaise with company vendors and perform yearly vendor assessments. 3. Obtain three (3) quotations for any purchase through a v ...

  • ZALORA SOUTH EAST ASIA PTE LTD

    CRM Executive

    8 hours ago


    ZALORA SOUTH EAST ASIA PTE LTD Kuala Lumpur, Malaysia

    We are looking for a passionate and talented individual to join the award-winning ZALORA CRM Team. Customer Relationship Management (CRM) is the concept of being relevant to the customer, leveraging data to understand the customer DNA and provide a top-class customer experience v ...


  • QS Quacquarelli Symonds Kuala Lumpur, Malaysia

    **Why QS?** · At QS, our culture fosters a flexible working environment that encourages our employees to own their career whilst personally and professionally thriving. We collaborate, respect and support each other - and as a company, our values underpin these. Our mission is to ...


  • Quacquarelli Symonds Kuala Lumpur, Malaysia

    **Why QS?** · At QS, our culture fosters a flexible working environment that encourages our employees to own their career whilst personally and professionally thriving. We collaborate, respect and support each other - and as a company, our values underpin these. Our mission is to ...


  • Meekco Kuala Lumpur, Malaysia

    **An award-winning multinational Meta Preferred Business Partner and Shopify Plus Partner is expanding Grow your career with us.** · **Digital Marketing Account Manager - eCommerce** · Our clients range from large e-commerce and retail enterprises to successful mid-stage direct-t ...

  • RESTORAN LA OLLA SDN BHD (RESTORAN LA MESA)

    Outlet Manager

    3 days ago


    RESTORAN LA OLLA SDN BHD (RESTORAN LA MESA) Kuala Lumpur, Malaysia

    Administer purchasing and receiving procedures · - Analyse service quality and customer satisfaction · - Conduct staff performance assessment process · - Contribute to innovation process within own scope of work in the business unit · - Facilitate compliance with legislative and ...


  • Orsted Kuala Lumpur, Malaysia

    Imagine a future where your love for the technical side of marketing and ability to turn raw data into insights can help create a world that runs entirely on green energy · Join us in this role where you'll be responsible for implementing our marketing software into our existing ...

  • Kerry

    Demand Analyst

    1 day ago


    Kerry Kuala Lumpur, Malaysia

    **About Kerry**: · - Kerry is the world's leading taste and nutrition company for the food, beverage and pharmaceutical industries. Every day we partner with customers to create healthier, tastier and more sustainable products that are consumed by billions of people across the wo ...