Actuarial (Capital Management), Analyst

Posted:
5/29/2024, 5:00:00 PM

Location(s):
Singapore, Singapore

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

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 position is responsible for valuation, financial condition assessment and other analysis needed to support the business.

Job scope:

  • Perform monthly and quarterly regulatory valuation

  • Provide support on development, maintenance and enhancement of Prophet models

  • Enhance and streamline processes proactively

  • Assist on management of Par Fund which includes reviewing of sustainability of bonus rates, making recommendation on bonus rates and working closely with various departments on the communication updates to policyholders

  • Assist on regulatory and group stress test analysis on financial condition of the company

  • Assist on annual strategic and capital planning exercise

  • Assist on Own Risk and Solvency Assessment (ORSA) exercise

  • Participate in ad-hoc work or projects

Requirements

  • 2-6 years of actuarial working experience.

  • Good progress in actuarial exams from a recognised international actuarial body

  • Strong communication and interpersonal skills

  • Excellent technical, analytical and problem solving skills

  • Self-motivated, meticulous, proactive and positive working attitude

  • Proficient in Prophet, Microsoft Office (Excel, Word)

  • Knowledge of Prophet ALS is a plus

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.