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

THE OPPORTUNITY:

We are looking for an Actuarial IFRS17, Specialist who

• Produces the actuarial valuation and analysis for financial reporting under IFRS17.
• Produces and handles the financial KPIs for IFRS metrics, business plan and regular forecasting to assist the financial management.

Report to: Head of Actuarial IFRS17

Location: Ho Chi Minh

Function: Finance | Department: Actuary

Type: Individual Contributor

ROLES AND RESPONSIBILITIES:

• Actuarial valuation process: Peer review monthly ME process to follow the Group requirement such as pre-run preparation (run setting, pre-check, operating and economic input) and model preparation (DCS/Prophet);
• Monitor in real-time the monthly automated process via UiPath (from input reception to results data backup) to be able to meet the timeline.
• Prepare relevant template submissions to Group (OPAT analysis/Roll forward, MMR/QMR reports); Perform results check of BT disclosure note between results from internal tools and from Group IRT tools (DN Analysis, GFDP) to ensure the results accuracy and reasonableness.
• Result analysis and validation: Review the reasonableness of actuarial valuation results and provide deep-dive analysis on key driver of I17 Source of earning (compared with Plan and with prior year).  
• System Solutions: Investigate issues related to Prophet/DCS coding; Perform Group system UAT related to IFRS17 monthly production (ETL/SAS) and Prophet model UAT released by local team to understand and better lead the actuarial solutions provided by Group.
• Financial Projection: Prepare the annual budget exercise and performing regular forecast on financial critical metrics to support manager in financial management for meeting Group’s financial objectives.
• Ad-hoc Analysis: Perform the ad-hoc analysis or impact assessment to reveal the financial implications; Support the improvement of reporting process through automation and improving business analytics.

JOB REQUIREMENTS:

• University / College graduate in Actuarial Science or related fields.
• At least 3-4 years of relevant working experience.
• Good progress in Actuarial professional examination.
• Knowledge in insurance products and IFRS 17.
• Good analytic and problem-solving skills.
• Hands-on experience with Prophet modelling is an advantage.
• Good command of written and spoken English.
• Proficient in MS Office and data analysis techniques is crucial (R/Python).

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

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