Senior Actuarial Associate
AIA CareersTaguigUpdate time: February 11,2021
Job Description

Bring your career aspirations to life with AIA!

Responsible for pricing insurance products using relevant actuarial techniques

  • Provide actuarial technical support and analysis in product/reinsurance pricing exercise by understanding and utilizing actuarial models; responsible in programming, modifying actuarial models and providing preliminary review of such models subject to required controls and documentation (30%)
  • Preparation of required documents for product/reinsurance filing and approval (10%)
  • Effectively communicate with Head of Pricing/Pricing Professional and other internal stakeholders (e.g., Product Implementation Committee) the results of financial metrics and product development propositions
  • Provide actuarial support required in development of products (product proposal generators and test scripts, UAT of policy admin system related files (30%)
  • Handle complex ad-hoc requests from internal stakeholders (20%)
  • Perform distribution channel compensation or campaign assessment/review and formulate proposals for testing
  • Handle doer tasks for complex pricing initiatives (special projects); maybe assigned reviewer tasks for simple pricing initiatives

MINIMUM JOB REQUIREMENTS

  • College graduate with at least Bachelor’s degree related in math/statistics

  • At least 3 years progressive experience in actuarial field

  • Minimum qualification is an Associate of Actuarial Society of the Philippines

  • Practical actuarial knowledge; actuarial analysis and programming; understanding of the insurance operations/environment

  • Effectively communicate actuarial results to actuarial heads

Build a career with us as we help our customers and the community live healthier, longer, better lives.

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