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Executive, Actuarial

Employer
AIA Singapore Private Limited
Location
Singapore, Singapore
Salary
Competitive
Closing date
Oct 8, 2024
View more categoriesView less categories
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 providing actuarial services covering all aspects of the insurance business and financial control, including valuation calculations, statutory reporting, risk assessment and premium setting

  • Prepare regular analyses and valuation calculations by product group / distribution channel in areas such as expenses and allowances, commission level
  • Prepare statutory reporting to the regulatory authorities and management
  • Report on functional strength, profitability, progress and specific portfolios
  • Involve in tailoring the rate and setting the premium of individual insurance policies, calculating risk assessment and recommending policy surrender values and costs of policy changes
  • Develop insurance products, establish premiums and advise on underwriting policy
  • Support distribution channels in areas such as special quotations and product training
  • Liaise with regulatory bodies on matters involving capital management / solvency

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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