At AIA, our vision is to help people live healthier, longer, better lives by encouraging them to make positive lifestyle changes one step at a time. Our firm belief is that by following our Operating Philosophy of doing the right thing, in the right way with the right people, the results will come. AIA Insurance for Life, Health and Wellbeing.

The Opportunity at AIA

The purpose of this role is to provide quality actuarial support to the business. This may be in one or more areas including financial and statistical reporting, data analysis, pricing and product development, product management, marketing and software testing. By performing these tasks the Actuarial Analyst contributes to the profitability and effectiveness of the business in the attainment of its objectives.

Key Responsibilities:

• Provide support to actuarial model and data development while developing knowledge and technical skills.
• Additional support might be required across other areas of actuarial work, including:
• experience investigations;
• premium rating;
• valuations;
• financial and regulatory reporting; Vatsal Gomber,
• investments;
• reinsurance;
• finance;
• solvency and capital management;
• system changes and conversions; and
• other broad business initiatives (as required)

• Keep the manager(-s) and other key stakeholders up to date regarding work progress
• Develop and use software skills including AIA systems, SQL, MS Office package, Prophet, Glean, DCS and R
• Extract, reconcile, manipulate and analyse data and produce draft insights and results for senior analysts and actuaries
• Maintain existing tools, models, systems, processes and documentation and proactively contribute to their improvement and development
• Learn to communicate and present technical concepts to both technical and non-technical audience
• Learn and understand AIA commercial environment (including its products, markets and competitors) and the role of his/her team and other teams within AIA.
• Learn, understand and adhere to AIA's risk management framework and the relevant policies
  • Identify and raise awareness of risk management issues
  • Assist in investigation of incidents; and
  • Assist in testing of controls and conducting model validations
• Regularly sit actuarial exams while maintaining an “approved student” status in accordance with the Actuarial Study conditions
• Performs other responsibilities and duties periodically assigned by supervisor in order to meet reasonable operational and/or other requirements

Skills and Knowledge

• Strong technical skills including software skills (e.g. MS Office package) and analytical skills
• Ability to learn new concepts, e.g. business rules, regulatory and professional standards, mathematical theories, modelling techniques, software packages etc.
• Self-motivated
• Strong self and time management skills
• Good communication skills, both written and oral
• Ability to think and work independently

Role Related Experience

• Financial Services Industry experience desired

Qualifications

• Tertiary qualification with quantitative background (e.g. mathematics, statistics or engineering)

Recruitment Agencies: Our Talent team does not require any recruitment agency support.

Interested Candidates: Apply using the ‘Apply’ button. No emailed applications accepted. For general enquiries only, contact:

Healthier, Longer, Better Lives
At AIA, wellbeing is at our core. We understand that healthy employees are happy employees. That’s why we have a culture of care that promotes wellbeing and flexibility, recharge days, flexible work arrangements and an AIA Vitality membership.  
 
We focus on career development, people development and leadership capability, so that you’ll be nurtured and have every opportunity to reach your full potential.
 
We recognise your efforts and hard work because we understand that everyone in our AIA family is important. When people feel valued, they become more productive and satisfied, and we want you to feel inspired every day.
 
We are an equal opportunity employer that embraces and values diversity and inclusion in our workforce.  We believe that for people to be their best selves at work, they must feel they can be themselves.  We celebrate both our differences and similarities including how we dress, and we trust our employees to dress appropriately and comfortably for their day.

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.