Actuarial, Senior Analyst

Hong Kong, Hong Kong
Last update 2024-06-16
Expires 2024-07-16
ID #2172244798
Actuarial, Senior Analyst
Hong Kong, Hong Kong,
Modified May 28, 2024


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• Supports the Manager(s) in the team in product / campaign development and maintenance by preparing new product / campaign pricing and analysis and performing system checks.• Performs studies to support the actuarial function.

Review existing product performance and actual operational experience.

Roles and Responsibilities: Product Prepares new product / campaign pricing to meet the financial requirements of the company.

Suggests and justifies the use of assumptions in pricing models.

Conducts profitability analysis of existing products (30%) Prepares user requirement and performs testing for the actuarial related areas in the product implementation cycle to ensure accuracy and timeliness of system delivery.

Co-ordinate with other stakeholders to ensure the achievements of deliverables.

(15%) Prepares experience studies / reports.

Meets agreed timelines and with accuracy.

Provides observation and comments on the results.

(10%) Support Actuarial team in preparing the reinsurance forms/ filings on new or existing reinsurance arrangement.

Assist product implementation which involves reinsurance.

(5%) Other responsibilities Communicates with IT and prepare user requirement for various studies and system development (10%) Develops special quotations (10%) Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements (10%) Assist manager in coordinating among teams on ad-hoc tasks.

(10%) Minimum Job Requirements: University / College graduate in Mathematics, Statistics, Actuarial Science or relevant subject Knowledge in insurance products and market trend plus at least 2 years of relevant experience, financial reporting experience will be a plus Proficient in statistical computer software/ knowledge in actuarial software e.g.

Prophet is a plus Proficient in MS Office and database skills Good command of written and spoken English and Chinese Others: You are required to obtain relevant license if your job involves in regulated activities Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

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.

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Monthly
Occupation: Actuarial, senior analyst

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