Actuary
AIA CareersAucklandUpdate time: September 30,2021
Job Description
At AIA, our promise 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:

We have an opportunity for a nearly or newly qualified Actuary to drive positive change and provide quality support throughout the business. Reporting to the Senior Pricing Actuary, you’ll join a talented team that are driven to make a difference and where learning opportunities are plentiful.

About the role:

  • Contribute to a health and wellness ecosystem that sets us apart in the life insurance industry and enables customers to live Healthier, Longer, Better lives.

  • Collaborate with a broad range of stakeholders around the business to design and price sustainable products that meet customers’ needs.

  • Determine and implement premium rates for new and existing products on a profitable basis after consideration of shareholder profitability, customer value and market position.

  • Gain expertise in both Retail and Group pricing and underwriting.

  • Contribute to ongoing product management through product reviews, competitiveness monitoring and industry engagement.

  • Perform and oversee experience investigations and assumption setting.

  • Engage with reinsurers regarding pricing and product decisions.

  • Provide guidance and leadership to analysts within the team.

  • Join an actuarial professional network covering New Zealand, Australia and beyond.

  • Become proficient in the use of the technical software packages including Prophet, Glean, Access, Excel and SQL.

  • Proactively identify opportunities for process improvement and risk management

  • Provide support as required to other areas of AIA including Finance, Claims and Underwriting.

  • Perform other responsibilities and duties periodically assigned by your manager to meet reasonable operational and/or other requirements.

About you:

  • Experience in a pricing and/or product role in the insurance or financial services sector.

  • Experience performing assumption reviews and determining financial impacts.

  • Strong technical skills including in the use of Prophet, SQL and Excel.

  • Ability to learn new concepts, e.g. business rules, regulatory and professional standards, modelling techniques, software packages, etc.

  • Comply with continuing professional development requirements and professional standards of the relevant actuarial body.

  • Good communication skills, both written and oral.

  • Ability to think and work independently.

  • Strong stakeholder management skills.

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.

  • We invest in training and development to build on your current skills

  • Career development through internal mobility opportunities

  • Work for a business helping make positive health and wellbeing changes to the lives of New Zealanders

  • Access additional leave days to recharge and refresh yourself

  • Enjoy wonderful Health and Wellbeing initiatives that support you

  • Work with supportive and inclusive managers

  • Flexible working arrangements

What’s next?

If you’re passionate about making a difference – then click the ‘Apply Now’ Button!

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:

Sam.Lown@aia.com

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.

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