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

Report to: Senior Manager, Inforce Management
Location: Ho Chi Minh
Function: Finance | Department: Actuary
Type: Individual Contributor


THE OPPORTUNITY:

We are looking for an Actuarial Inforce Management, Senior Lead who drives more than one in-force management activities below according to the regulation and internal standards/policies of AIA Vietnam.

ROLES AND RESPONSIBILITIES:

Claim Management

• Drive analysis of claim trends, frequency/severity patterns, and cost drivers across multiple product lines to produce actionable insights for claim control.
• Recommend and support the implementation of strategies for early intervention and cost containment.
• Provide actuarial input to product pricing, reinsurance arrangements, and loss ratio monitoring.
• Improve efficiency/control in claim management process through process enhancement and automation.

Experience Analysis & Assumption Setting

• Lead the annual experience analysis & assumption setting (EAAS) workstream for all operating assumptions.

Fund Management and ALM

• Lead the fund management and ALM workstream including the following:
• Maintain local Par Bonus Declaration Policy and declare Par Bonus annually.
• Declare crediting rates for UL/Pension and non-participating discretionary rates.
• Perform annual SAA review and recommendation

Reinsurance Management

• Lead the reinsurance management workstream including the following:
• Reinsurance internal and external reporting
• Treaty review and maintenance

Compensation Costing

• Lead the costing workstream for new compensation schemes
• Lead the monitoring workstream for current compensation schemes to determine whether they achieve the business targets set at costing stage

JOB REQUIREMENTS:

• Education: Bachelor’s Degree
• Experience: 5-7 years’ experience in actuarial position
• Basic knowledge of Prophet, able to navigate and read the coding
• Experience working with Microsoft packages
• English fluency is necessary for this position.
• Negotiation and presentation skills, team player, organized and punctual.
• This position has the potential to lead the whole in-force management workstream.

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.