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

This role is to
(1) Provide actuarial support for new products/ initiatives launch;
(2) Support product enhancement related projects;
(3) Handle pricing-related customer service queries;
(4) Provide actuarial insight for strategic initiatives to achieve business objectives of the company, and;
(5) Coach junior team members.

Provide actuarial support for new products/ initiatives launch

• Develop and propose product pricing templates based on market and sales proposition.

• Develop product approval documents, user requirements and other related documents before new products go live.

• Review and provide feedback for training materials, product submission documents to MEF, and marketing materials to ensure they are aligned with the product pricing model.

• UAT testing on iPos to make sure the premium calculation, all related wording or sentences in the sales quotation are fully aligned with the product pricing model.

• UAT testing on IL/COAST system to make sure they are all aligned with the product pricing model.

Support product enhancement related projects

• Support the system testing and UAT for day2 items.

• Support day2 features such as requests for changing payment mode, changing sum insured and premium after policy issue.

Other actuarial related support

• Monthly tracking of new products after launch.

• Calculate persistency for each sales channel for monthly reporting and compensation schemes calculation.

• Handling pricing-related customer service queries.

• Mentoring 2 junior actuaries for the BAU tasks and support required.

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.