Product Management (Pricing), Specialist

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 responsibility is product pricing to support the development of new and innovative ILP products or campaigns, including the development of assumptions and pricing models, preparation of regulatory product filings, internal presentations, and supporting product implementation.
The incumbent is also responsible for providing policy servicing support by managing stakeholders queries, investigating root causes of policy related issues and delivering clear and accurate solutions in a timely manner.

WHAT YOU’LL BE DOING:

• Product pricing of new and existing ILP 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

• Provide technical and implementation support for system development, including UAT, Day 2 and post-launch enhancements

• Provide high-quality policy servicing support that ensures queries are handled accurately and resolved promptly

WHAT WE ARE LOOKING FOR:

• Bachelor’s degree in Actuarial Science or equivalent quantitative discipline

• 3 - 6 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

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.