Actuarial, Specialist

5 months ago

Kuala Lumpur, Malaysia AIA Full time

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

Responsible for Embedded Value (EV) and Value of New Business (VONB) related reporting

EV / VoNB Prophet Workspace maintenance
- Work efficiently within the team to ensure timely cash flows delivery for VoNB and EV related reporting.
- Carry out investigation and explanation on unusual trend and support on EV / VoNB ad-hoc request for the line of business in-charged.
- Work seamlessly with relevant team(s) to ensure model developments and impact assessments are properly implemented, explained and documented.

EV and VoNB Reporting
- Manage and coordinate efficiently within the team to ensure timely delivery of cash flows for results compilation and management reports
- Carry out investigation and confidently explain the result’s reasonableness, experience variance versus forecast, VoNB margin movement
- Handle various collaborators request/ enquiries on EV / VoNB confidently. Communicate the results/findings/financial insights to the supervisor and Chief Actuary for any necessary management actions.
- Actively participate in the strategy planning for EV / VoNB budget.

Others
- Embrace EODB and improve process workflows in order to achieve higher efficiency and productivity to achieve the fast close timeline.
- Implement process controls while automating processes to minimize systematic errors.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._

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