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

Support the Chief Product Actuary in product development, distribution initiatives and business issues. Conduct studies to review product performance and operating experience.

Roles and Responsibilities:

Product

Review product pricing including modelling, assumptions and justifications to meet the financial requirements of the company. (25%)Prepare financial analysis of distribution initiatives and perform testing for the actuarial related areas in the channel compensation to ensure accuracy and timeliness of system delivery. Coordinate with other stakeholders to ensure the achievements of deliverables. (20%)Prepare experience studies / reports. Meet agreed timelines and with accuracy. Provide observation and comments on the results.  (25%)

Other responsibilities

Communicate with IT and prepare user requirement for various studies and system development. (15%)Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements. (10%)Assist supervisor in coordinating among teams on ad-hoc tasks. (5%)

Minimum Job Requirements:

University / College graduate in Mathematics, Statistics, Actuarial Science or relevant subjectKnowledge in insurance products and market trend plus at least 2 years of relevant experience, financial reporting experience will be a plusProficient in statistical computer software/ knowledge in actuarial software e.g. Prophet is a plusProficient in MS Office and database skillsGood command of written and spoken English and Chinese

Others:

You are required to obtain relevant license if your job involves in regulated activities

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.