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Intern (GELM SS-Actuarial-Financial Condition Management)

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AI-generated summary

  • Compute reserves & capital, analyse movements, test valuation data, run Prophet UAT.
  • Safeguard solvency and policyholders' expectations via regulatory reporting.
  • Gain hands-on actuarial modelling and risk exposure with real solvency impact!

Undisclosed

Menara Great Eastern, Kuala Lumpur

Job Description

 To be the guardian on the financial position of the Company and policyholders’ reasonable expectations by providing reliable financial information that strategically contributes to the Company’s solvency and return to shareholders.
•To compute appropriate reserve and capital requirements of the Company under local regulatory Framework.
•To analyse reserve and capital requirements movement.
•To prepare relevant reports to internal and external stakeholders such as regulators and internal parties.
•To prepare procedural manual and documentation.
•To prepare and analyse experience of life insurance portfolio (e.g. Claims, Persistency)
•To perform testing on valuation data from policy administration system.
•To perform user acceptance test for Prophet modelling.
•To prepare product, compliance risk assessment.
•Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
•Highlights any potential concerns /risks and proactively shares best risk management practices.
•Other responsibilities entailed. 


Job Requirements

 •Degree holder in Actuarial Science and with good progress in Actuarial exams.
•Attention to detail and able to complete tasks efficiently.
•Able to work both independently and as part of a team.
•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. 


Skills

Actuarial Science

Company Benefits

Special Paid Leaves

Birthday leave, maternity leave, paternity leave, wedding leave, study leave and more.

Educational Assistance

We’re advocates of education at the workplace!

Comprehensive Medical Coverage

Inclusive of Optical, Dental, and Maternity Assistance.

Flexible Dress Code

Dress comfortably or dress to impress, it’s up to you!

Flexible Hours

Our working hours are flexible to accommodate your personal and travel needs.

In-house Gym Membership

Trust us, it’s the cheapest membership around ;)

Learning & Development

Numerous training and upskilling opportunities available because we believe learning never stops.

Corporate Wellness Programme

Earn LIFE points (1 LP = RM1) through our LIFE Programme to reimburse purchases or services from selected merchants or offset insurance premiums.

Staff Engagement Events

We organise A LOT of events throughout the year to make sure everyone’s happy!


Additional Info

Company Activity

Last active - 1 hour ago

Experience Level

#NoExperienceNeeded

Career Level

Internship

Job Specialisation


Company Profile

Great Eastern Life Assurance (M) Berhad-logo-image

Great Eastern Life Assurance (M) Berhad

As the largest and most established life insurer in the country, we have served and protected millions of Malaysian families throughout their lives with our comprehensive policies since our establishment in 1908. A wholly-owned subsidiary of Great Eastern Holdings Limited, we have RM87.3 billion in assets, over 3 million policies in force, 21 operational branches, and a network of 19,000 agents nationwide.Additionall...