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
Responsible for providing financial projections, analysis and assessments, and business insights pertaining to the Embedded Value and Value of New Business reporting.
EV / VONB Reporting (60%)
- Help to manage regular EV / VONB reporting process
- Ensure that adequate controls and checks are performed, and that these controls meet internal and external audit requirements
- Ensure the timeliness and accuracy of submissions
Prophet Modelling (30%)
- Perform / review the codings of new products into Prophet and ensure consistency with Pricing
- Review modelling enhancements and impact analysis and conduct reasonableness checks on the impact
- Review the consolidation of model changes in the master model and perform impact testing on the master model
- Ensure proper documentation for all model changes
Strategic planning and projects (10%)
- Support the annual strategic planning exercise, including the enhancement of models for the budget exercise, and preparation of management reports / presentations
- Support company projects and initiatives from an EV perspective
Minimum Job Requirements
- Education – University graduate (Major in Actuarial Science / Mathematics)
- Experience – 2 to 4 years of life insurance related actuarial working experience
- Certifications/licenses – Progression (or intended) in actuarial examinations.
- Special skills – Proficient in Prophet
Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!
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.
ABOUT AIA
For over a century, AIA has served the ever-changing needs of our customers across Asia-Pacific. Our Purpose to help millions of people live Healthier, Longer, Better Lives is at the heart of everything we do.
As pioneering innovators, we're now transforming AIA to be faster, simpler and more connected to create better solutions and impactful experiences for our customers and communities. AIA encourages and enables our people to act with clarity, courage and humanity in service of our Purpose.
JOIN US
At AIA, we believe in empowering every one of our people to find their better - in the work they do, the career they build, the life they live and the difference they make. Whether it's investing better wellbeing, inspiring better learning, building better relationships, or making a better impact on customers, a career at AIA will challenge you to find new ways to pursue your better.
AIA is committed to building a vibrant, diverse, and inclusive workforce for all employees to thrive in. Join us if you believe in creating a better tomorrow!
