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

Reporting to the Chief Actuary, responsible for all actuarial aspects of Participating (“Par”) business management, including but not limited to
- Par business declared and illustrated dividend/bonus recommendation, governance, control, disclosure and communication to management, policyholders and distribution channels,
- Par experience business regulatory compliance and development,
- PRE and fairness assessment of major Par fund initiatives,
- Par fund financial analysis,
- Unfold Par team capacity to be Next Gen Finance+

Roles and Responsibilities:

• Hold overall accountability over Par business declared and illustrated dividend/bonus recommendation, governance, control, disclosure and communication to management, policyholders and distribution channel (40%)
• Support Chief Actuary to actively engage regulator on Par experience business regulatory development and ensure compliance of regulatory requirement (20%)
• Support Chief Actuary to conduct PRE and fairness assessment of major Par fund initiatives (10%)
• Lead the Par fund team to conduct various Par fund analysis (10%)
• Serve as Par fund SME and primary contact point of key Par fund matter for management in HK and Group office, distribution channel and regulator (10%)
• Provide leadership and technical advice to the actuarial team. Unfold team capacity to be Next Gen Finance+ (10%)

Minimum Job Requirements:

• University graduate or equivalent experience in Actuarial Science or Statistics with at least 10 years’ post–qualification experience in life insurance industry.
• Sound people management and analytical skills.
• Excellent communication, presentation and project management skills.
• Possess business sense, be innovative and dedicated.
• Ability to deal with and handle multiple and changing priorities.
• Knowledge in Par products
• Knowledge in investment and and Par pricing will be an advantage
• Proficiency in MS Office (e.g. VBA), Actuarial Software

Others:

• The incumbent is required to obtain relevant license if the job involves in regulated activities.
• We offer comprehensive employee benefits. e.g. group medical insurance

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.