CAREERS IN LIFE INSURANCE

Choosing the right career may seem daunting when you are below 20, but one must make the right decision and have some focus even before entering the university. Different careers will satisfy you in different ways and suit you at different times. Your career is your whole working life, which can be made up of a wide range of occupations and involve many changes in direction.



You may be at the crossroad, thinking which industry would suit you best.

How about a career in the life insurance industry?
It is not an obvious choice but if you dig deeper, you may be surprise at what you find. Life insurance is a dynamic, expanding, and maturing field that offers a combination of the major considerations to make the job truely rewarding over the long term. Often, the clear definition and importance of life insurance is unknown to the layman. Therefore, most individuals dare not get involved in this industry.

What is life insurance??
Life insurance is primarily a means of protection for individuals against financial loss as a result of a premature death, permenant disability or certain illnesses. It may also provide retirement income/old age security (annuity) or a return on investment (investment-linked products).


As the growth of life insurance in the industry is expected to continue, a career in life insurance gives the opportunity of excellent industry prospects. As the demand for skilled personnel in life insurance is very high, long term job security is assured. A career in life insurance is not only challenging, but it also carries the satisfaction of helping others secure their financial standing.

Is life insurance only about sales??
Many people associate it job in life insurance with sales and marketing. However, like any other financial institution, Great Eastern offers a wide range of jobs. The major professions represented are the actuary, marketing officer, underwriter, investment officer, claims officer and health care professionals. In addition, we also require talent in the areas of servicing, information technology, human resource and training.

Apart from being an industry that offers succesfully careers and established professions, Great Eastern also offers opportunities for professionals development through professional qualifications in life insurance, such as Life Office Mangement Association, Malaysian Insurance Institute, Chartered Insurance Institute and Registered Financial Planner. It opens up resources for the staff’s and agents’ self-development. Moving forward, we are looking towards an organizations which will portray the staff and agents as professionals to cater to the growing financial needs of the public.


Ms Nancy Lim, Senior Vice President and Head, Human Capital of Great Eastern Life Assurance (Malaysia) Berhad explains, “A career in insurance can be explained in three simple words- Life is great! That’s the motto by which Great Eastern staff live and work in a company that is celebrating it 100th birthday this year. If you enjoy personal interaction and understand different people’s life styles and financial needs, you will thrive here.”


She also added, “If you are attracted to deep learning curves and being part of a team that is expanding regionally, then you will really enjoy life at Great Eastern.”


Great Eastern is the largest and oldest life insurance company in Malaysia and Singapore. Its workforce numbers 1,500 in Malaysia and Great Eastern looks for graduates with good grades and a great attitude. Show potential, ambition, along with energy and good personal values and Great Eastern will teach you the industry know-how you need to succeed.

In line with the release of the STPM results, Great Eastern Life is offering attractive international, overseas and local scholarship to outstanding students to attract young and bright Malaysian performers into its organization. For those who are looking for that exciting career and potentially foreign assignment, you can log on to www.lifeisgreat.com.my