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Actuarial, Analyst
2 weeks ago
- 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 inforce, 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._
About the Role
Responsible for pricing insurance products using relevant actuarial techniques
Roles And Responsibilities
- Conduct assessment on product risks and regulatory requirements at product ideation stage.
- Conduct and review the accuracy of pricing models, reinsurance reports and experience studies.
- Perform Group Office filing and local regulatory filing of new products.
- Review of marketing documents for compliance and accuracy.
- Perform User Acceptance Testing (UAT) and production Quality Control (QC) on New Business (NB) and Policy Servicing (POS) functionalities to ensure accuracy of system set up for new products.
- Support channel compensation review, reinsurance arrangement and negotiation with reinsurers.
- Bachelor degree in Actuarial Science and pursuing Actuarial Professional Exam in any actuarial professional body.
- Proficient in spreadsheet and programming, especially Excel and SAS.
- A good teammate who is keen to learn and able to work independently.
- Proactive, highly motivated, results oriented and solutions focus.
- Good oral and written communication skills in English.
- Good technical and analytical skills.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._
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