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Pricing Analyst (1 year contract)

Employer
AIA Singapore Private Limited
Location
Singapore, Singapore
Salary
Competitive
Closing date
Aug 1, 2024

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

An influential and innovative analyst / specialist who enjoys developing new and innovative life insurance products. In this role, you will be analysing pricing models and determining pricing strategies to increase AIA's competitiveness and profitability. The work extends to ensuring regulatory product filing as well as product implementation and involvement in managing financial work related to AIA's many campaigns and initiatives.

The Product Proposition team helps the business determine competitive pricing strategies to achieve AIA's financial goals. We need great Actuaries who want to be part of something bigger; to help nurture the financial wellbeing of our customers when they need us most. They analyse data and develop pricing models and products and collaborate with other business teams such as distribution and marketing to develop sales strategies and ensure our products are well designed and priced. It's about finding new ways to not only better our customers' lives but to better the communities and environments we live in.

WHAT YOU'LL BE DOING:
  • Work on pricing of new and existing life insurance products and services with internal and external stakeholders with a high level of accuracy.
  • Analyse, monitor and evaluate key financial metrics which support initiatives to achieve improvement for the customer, stakeholders and shareholders.
  • Review the product related documents.
  • Continual assessment, identification and implementation for product improvement and campaigns.
  • Support the delivery of various regulatory filing, e.g. MAS, SDIC, FATCA etc.
  • Assist the necessary system implementation work, UAT testing, Day 2 enhancement.

WE ARE LOOKING FOR SOMEONE WITH :
  • Bachelor's Degree in Actuarial Sciences.
  • 3 years of experience in life insurance preferably with some pricing experience.
  • Associate of accredited actuarial organisations (US, UK, Australia) or close to Associate.
  • Proficient in MS Excel and Database handling.
  • Prophet skills will be a plus.

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!

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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