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Product Pricing, Analyst
2 months ago
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
This position is responsible for product pricing. The position would assist senior colleagues handle system testing, request from various stakeholders and perform profitability analysis.
Roles and Responsibilities:
- To assist senior colleagues in end-to-end process of the launching of new products/campaigns from technical product development to system implementation, including the necessary approval processes.
- Proactively and frequently improve the product pricing process through automation, Prophet pricing, and reconciliation with valuation model.
- Ensure products are administered correctly in the system via robust User Acceptance Testing procedures.
- Support on all product-related matters e.g. product roll out, training, sales collaterals.
- Assist and be involved in data analytics tasks in order to support business decisions.
- Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements.
Minimum Job Requirements:
- Bachelor’s degree in Actuarial Science and currently good progress in pursuing Actuarial Professional Exam in any actuarial professional body. Fresh graduates are welcome to apply.
- Proficient in spreadsheet, i.e. Ms. Office Excel.
- Good technical, analytical and problem solving skills.
- Good verbal and written communication skills in English.
- A good team player who is keen to learn and able to work independently.
- Highly motivated, result-oriented and solution-focused.
- Proactive and passionate about making a difference.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._
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