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!
#LI-SF1
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.
