For 117 years, we have been helping customers across generations by protecting, preserving and growing what matters to them. As One Great Eastern Group today, we are enabling the goals of over 15.5 million customers by taking care of their needs across life, health, wealth and general insurance, consistently innovating to help them #ReachforGreat!
Rating Reviews
Rating is calculated based on
47
reviews and is evolving.
Pros: I've found Great Eastern to offer a genuinely competitive pay and benefits package, which is crucial for a Senior Distribution Business Compliance Officer in Singapore's financial services industry. The annual bonuses are fair, and the health benefits, including comprehensive medical coverage, are quite generous for an insurance firm. They also have good retirement contributions and some attractive employee discounts on their products. This makes a real difference to financial security. Beyond
Cons: While the pay and benefits are strong, there are occasional periods of high workload, especially during new product launches or regulatory updates. This can sometimes impact work-life balance, requiring longer hours to meet deadlines in the compliance department. The internal approval processes can sometimes feel a bit slow or bureaucratic, which is common for a large, established financial services company like Great Eastern. Streamlining some of these processes could certainly improve
Advice to Management: To management, I'd suggest continuing to invest in technology to streamline approval workflows within the compliance department. This would significantly help manage peak workloads more effectively for our Senior Distribution Business Compliance Officers. Additionally, creating more structured
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Pros: The stability and brand reputation of Great Eastern are undeniable. As a senior executive, I've had opportunities to work on impactful campaigns. The comprehensive benefits package, including health insurance and retirement plans, is a major plus. The company culture generally encourages teamwork, and many colleagues are supportive and experienced, making for a good learning environment in the financial services industry.
Cons: While flexibility has improved, especially post-pandemic with hybrid work options, some older processes can feel a bit rigid. Occasionally, there can be a noticeable bureaucracy that slows down decision-making. This is common in large, established financial institutions, but it's still a point of friction.
Advice to Management: Continue fostering hybrid work flexibility and streamline approval processes to maintain agility in this dynamic insurance market.
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Pros: Great Eastern provided a stable career path in the Singapore insurance industry. I learned a lot about risk assessment and policy management. The company culture is generally collaborative, and many colleagues are very experienced. There's a good emphasis on training and professional development, which really helps in building expertise. The benefits package was competitive and contributed to overall job satisfaction.
Cons: The workload could be quite intense, especially during financial reporting periods, which sometimes impacted work-life balance. While there's flexibility, some departments might expect you to be in the office more often than others. Opportunities for rapid promotion weren't always clear, and career progression could feel a bit linear at times.
Advice to Management: Consider more structured career pathing programs and ensure consistent application of flexible work arrangements across all teams to further enhance employee retention and engagement.
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Does Great Eastern pay their insurance agents on time every month in Singapore?
Yes, my payroll has always been reliable during my time as an insurance agent at Great Eastern. I've never experienced any delays with my commission payouts or basic salary.
What's the dress code for remote meetings at Great Eastern?
For remote meetings at Great Eastern, I usually keep it business casual. It's good to look presentable for colleagues in finance roles, even though it's a large company with flexible work.
What's the dress code like for remote meetings at Great Eastern in Singapore, especially for roles in insurance?
For remote meetings at Great Eastern, even in our Singapore office, the dress code is generally business casual or smart casual. It's about presenting a professional image during virtual interactions for any role, ensuring you feel confident and respected by colleagues and clients alike.
How does Great Eastern handle disagreements between team members in their financial services roles?
In my experience at Great Eastern, a large insurance company, disagreements are usually addressed openly by managers, fostering a collaborative environment for resolving conflicts constructively within the team.
What's the dress code like at Great Eastern for someone working in their Singapore office?
At Great Eastern's Singapore office, the dress code is business casual, so it's comfortable and appropriate for a professional environment within the insurance industry.
What kind of technical skills are most valued for entry-level roles at Great Eastern in Singapore?
For a junior analyst role at Great Eastern, I found that strong proficiency in SQL and Python for data manipulation and basic understanding of cloud platforms like AWS were really helpful.
What health insurance benefits does Great Eastern offer its employees in Singapore?
Great Eastern provides comprehensive health insurance coverage for employees, including outpatient and specialist visits, which has been a great support for my family's well-being.
Does Great Eastern offer overtime pay for its support staff in Singapore?
Yes, Great Eastern typically provides overtime pay for support roles, ensuring that hourly employees in their Singapore offices are compensated for extra hours worked, which is common in the financial services industry.
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