BE THE DIFFERENCE

At AIA we don’t simply believe in being ‘the best’. We believe in better – because there’s no limit to how far ‘better’ can take us. Everything we do is driven by our purpose to make a difference by helping people embrace Healthier, Longer, Better Lives. And every one of our people has an important role to play. If you want to make a difference by helping shape a healthier, better-protected Australia, read on.

The Opportunities:

This role supports the Retail Life and Vitality Pricing team by delivering key actuarial work across pricing, financial management and compliance activities. You will assist the Senior Manager, Par Business and Pricing Support, with the financial management and regulatory compliance of AIA Australia’s Participating business, ensuring policyholder expectations and Life Act requirements are met. The role also provides actuarial support for pricing, reporting and maintenance of Retail Insurance and legacy products.

This is a 12month fixed term contract. Open to Sydney or Melbourne applicants.

To do this successfully you will:

• Deliver accurate, timely financial reporting and actuarial analysis for the Par business, taking clear accountability for results across profit reporting, experience analysis, forecasting and bonus recommendations
• Provide effective pricing support for inforce and new business initiatives, including profit testing, assumption setting, market analysis and high quality pricing reports
• Manage competing priorities with urgency and flexibility, adapting quickly to changing requirements while consistently meeting deadlines
• Show initiative and strong problem solving skills by identifying improvement opportunities, anticipating risks and seeking guidance when priorities conflict
• Communicate clearly with both actuaries and non actuaries, building strong working relationships across Finance, Product, Policy Services, Retention and the wider Pricing team

Successful applications will demonstrate:

• A minimum of one year’s practical actuarial experience, with exposure to retail life insurance highly regarded, and actuarial valuation experience viewed favourably
• Currently progressing towards Fellowship of the Actuaries Institute, or an equivalent professional qualification
• Sound understanding of the Australian life insurance industry, including product structures, prudential standards, taxation and relevant legislation
• Strong communication and stakeholder management skills, with the ability to work effectively across technical and non technical audiences

Why choose AIA:

At AIA, we’ve made a promise to help people live healthier, longer, better lives. And it starts with our own people.

• Access our training and development to build on your current skills
• Career development through internal mobility opportunities
• Work for a business helping millions of Australians and make a difference to someone’s life everyday
• Access additional leave days a year to recharge and refresh yourself
• Enjoy wonderful Health and Wellbeing initiatives that support you
• Work with supportive and inclusive managers
• Flexible working arrangement – 3 days in office and 2 days WFH

At AIA Australia, we’re proud to help guide, support and protect the wellbeing of over 3.5 million Australians. As part of the AIA Group - the largest independent publicly listed pan-Asian life insurance group – it is our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.  Lots of companies like to say they’re different. What makes us truly different at AIA, is the difference we make in people’s lives. We are proud that this difference has been recognised in the 2024 ANZIIF awards by being named Life Insurance Company of the Year.

AIA is different. Are you?

If you want to be part of an organisation that helps people live better every single day, apply via the link.