Job Purpose
The candidate is expected to work on the Regional IFRS17 Programme as a Data Mapper cum Business Analyst. The Programme is implementing solutions for compliance with the International Financial Reporting Standards for Insurance Industry which the Company targets to go live in January 2023 for Singapore & Malaysia entities and 2 years later for Indonesia entities.
The candidate’s key role to be performed in the SDLC is to elicit and analyse data requirements, provide technical translation to business requirements captured in mapping documents for Extract Transform and Load (ETL), conduct System Integration Test (SIT), and support Users’ Acceptance Test (UAT) and user training. The candidate is also expected to follow our Group IT Application Processes, Standards & Procedures.
The Job
· Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
· 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.
· Facilitate / conduct workshops for business users to identify project requirements. Gather, analyse, document and follow up on user requirements.
· Perform data mapping from source to target data fields by understanding the core IFRS17 requirements, software solution and how to implement this within Great Eastern Finance and Actuarial business teams.
· Based on the requirements, generate artefacts needed for solution generation. These artefacts include – Data Mapping specification for ETL purposes, integration/interface specifications, site-map and page-flow, and the usage of UML diagram to detail the process flow and solution.
· Build an understanding on IFRS17 product and configuration in order to support the business during configuration and build phase. Ability to analyse and pull out data from database to analyse situations to support configuration.
· Work with IFRS17 solution vendor on System Unit testing.
· Hands on planning and execution of functional test cases, perform execution of System Integration Test (SIT) cutting across source data teams and outbound systems.
· Support users during User Acceptance Testing (UAT), regular tracking of test progress status and defect management.
· Develop IFRS17 and contribute towards insurance-specific SME knowledge for group-wide knowledge management
Our Requirements
a) Qualifications
· Degree in Computer Science, Business Information Systems or Finance / Insurance degree
· Certified Business Analysis (CBAP or equivalent)
· Certified Agile / Scrum practitioner will be an added advantage
b) Working Experience
· Minimum 4-5 years working experience in IT preferably in Insurance industry and experience handling projects or BAU in Insurance core systems or Finance systems
· Minimum 3 years ETL data mapping experience in Insurance domain and Financial reporting systems
· Strong understanding of how legacy systems relate/interface with each other
· Ability to translate business requirements documentation into data requirements and source-to-target data mappings
· Understanding of data models and ETL processing
· Familiarity with application programming and data model design processes
· Experience in using SQL to profile data prior to mapping
· Comfortable with handling data analysis via database queries – Hive SQL query execution on Hadoop platform
· Working knowledge of Oracle SQL, PL/SQL database added advantage to support business, testing, troubleshooting etc
· Must be able to provide Sample data mapping documents
· Experience in Data Warehouse a plus
· Good understanding of IFRS4 or IFRS17 is an advantage
· Good Insurance domain knowledge and knowledge of insurance products is preferred
c) Competencies
· Must possess excellent business oriented analytical skills
· Strong oral and written communication skills
· Organized with an eye for detail
· Team player and must be able work with cross IT and business teams
· Ability to multitask across different assigned tasks
· Fast learner to quickly understand new concepts
· 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.
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.
