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Actuarial Valuation and Analysis, Principal (SM Level)

Employer
AIA International Limited.
Location
Hong Kong, Hong Kong
Salary
Competitive
Closing date
Dec 16, 2023

View more

Job Function
Insurance
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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 delivering quality service, effective output in performance, strategic actuarial initiatives, and unfold team capacity to upper level.

Roles and Responsibilities:
  • Lead the team to deliver timely and high quality deliverables related to EV and VONB reporting.
    • Ensure timely and correctness of results as prepared by the team on the valuation and business projection process and other duties/special projects related to financial reporting & budget
    • Ensure the compliance of various financial reporting requirements from group office and regulators
  • Lead the technical discussions and enhance analytics framework to provide insights on the financial results
  • Drive continuous improvement in system, process and approach to automate and streamline reporting process to facilitate faster closing.
  • Collaborate with internal and external working partners to ensure smooth EV / VONB reporting process
  • Knowledge sharing with other team members
  • Support other actuarial projects as required by performing financial projections and profitability analysis for annual and ad hoc exercise
Minimum Job Requirements:
  • University / College graduate in Actuarial Science, Mathematics and Statistics or related subject with at least 7 years' experience in life insurance industry.
  • Fellowship in a recognized international actuarial professional body
  • Sound analytical, problem solving and communication skills.
  • Ability to deal with and handle multiple priorities.
  • Experience and knowledge in insurance product and actuarial reporting work. Knowledge in HKRBC basis is an asset.
  • Proficiency in actuarial software, e.g. Prophet is an advantage
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.

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