Director of Business Strategy

AIA Company Limited
Hong Kong, Hong Kong
May 03, 2021
Jun 02, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Bring your career aspirations to life with AIA!
Drive corporate strategy development and long-term strategic initiatives for AIA Group including the identification and evaluation of potential new value pools

Act as strategic advisor and subject matter expert (SME) to group functions in relation to the workstreams of AIA's corporate strategy

Support Local Business Units (LBUs) on local strategy development and strategic planning

Act as an internal management/strategy/business "consultancy" centre of excellence (COE) to provide value and impact to LBUs and Group on big strategic questions

Roles and Responsibilities
  • Play a key role in the formulation of the Group's corporate strategy, and continuously evolve strategic thinking within the organisation to consider "what's next" and to future-proof the business
  • Provide strategic advice to Group Office (GO) functions or LBUs across the pillars of AIA's strategy. Lead agile project teams to deliver strategic analysis and recommendations
  • Develop and define relevant strategy implementation frameworks, strategy execution process, guidelines, and tools, with the support of junior team members
  • Ensure the strategy and frameworks are well understood and appropriately applied by GO functions and LBUs
  • Ensure appropriate strategic targets and KPIs are in place, with clear ownership and accountability
  • Provide constructive challenge to Local Business Units' strategies to ensure strategies are robust, consistent with the Group's long-term vision, and enable the LBUs to respond effectively to market trends
  • Drive adoption of the corporate strategy through advocacy and promotion of relevant initiatives
  • Build/nurture relationships with external parties (private and public), and professional advisors/experts, for strategic partnerships or collaboration in support of the strategy
  • Strengthen strategy development and execution capabilities in LBUs and GO functions through practical support

Financial and Non-Financial Measures
  • Quality of outputs created - as assessed by Group ExCo, Group Office functional leaders, business unit CEOs and other key stakeholders
  • Impact on overall AIA Group growth, specifically:
    • Clarity of strategies developed and appropriateness to Group and/or LBU
    • Effectiveness in achieving stakeholder buy-in for recommendations, including driving adoption and localisation of the corporate strategy by LBUs where appropriate
    • Results as measured against targets set out in strategies developed by Group Strategy (GS) team
  • Relationships built with relevant external parties (private and public) for strategic partnerships or collaboration

Communication Requirements
Work across multi-functions within Group Office and the Business Units including health, distribution, marketing, finance, actuarial, country management, operations, legal and compliance, technology, human resources.

Business partners and working teams, both existing and potential, other advisors as appropriate and required.

Minimum Job Requirements
  • Degree in business-related discipline, MBA, or PhD in a relevant field
  • Relevant professional qualifications, e.g. Actuarial, CFA, or CA desirable
  • At least 15 years' work experience in insurance or other relevant field. Strategy or management consulting background highly desirable
  • Knowledge and experience across Asian insurance markets required
  • Experience leading a team to deliver business impact
  • Ability to influence senior stakeholders within AIA and manage discussions with external parties as required
  • Ability to critically evaluate and synthesise information
  • High degree of numerical proficiency, able to effectively analyse and interpret financial information
  • Independent and innovative thinker
  • Effective communication, influencing, and interpersonal skills
  • Excellent English verbal and written communication skills required
  • Proficiency in other Asian language preferred
  • Strong Microsoft Office (Excel, PowerPoint) required

Reporting Structure / Managerial Responsibilities
You will be a key member of the Group Strategy team with resource access to a broader pool of internal and internal subject matter experts (SMEs) across the Group Strategy, Corporate Development and Transactions and Strategy Ventures team.

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

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