At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you’re not just safeguarding AIA’s financial wellbeing. You’re securing a better future for the people and communities we serve - today, tomorrow and for generations to come.
If that interests you, read on.
About The Role The incumbent’s main responsibility is the Actuarial pricing in support of the development for new and innovative HNW products or campaigns, including the development of assumptions and pricing models, preparation of regulatory product filings, internal presentations, and support in product implementation.WHAT YOU’LL BE DOING:* Actuarial pricing of new and existing HNW products, including preparation of reports and presentations for senior management
Assess and evaluate key financial metrics, and propose ways to improve them while balancing the need for product competitiveness
Engage a range of internal stakeholders on pricing and implementation matters
Review product-related documents and provide policy servicing support
Provide technical and implementation support for system development, including UAT, Day 1 and post-launch enhancements
Completion of assigned projects / jobs within the expected timelines
WHAT WE ARE LOOKING FOR:* Bachelor’s degree in Actuarial Science or equivalent quantitative discipline
Min 5 years of actuarial experience in life insurance
Demonstrated progress in actuarial professional exams
Proficient in Microsoft Office (Excel, Word, Power Point)
Knowledge of Prophet or similar actuarial software is a strong advantage
Strong communication and stakeholder management skills with good technical and analytical skills
Strong business awareness with accuracy and efficiency of analysis
Effective communication of results and key findings
Handson project management \& supervisory skills
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.