Actuarial Associate

Actuarial Associate

AIA Group
Not Specified
Not Specified

Job Description

Bring your career aspirations to life with AIA!Contribute to IFRS 17 project in supporting on establishing IFRS 17 methodology and data, system and process development
Roles & Responsibilities:
  • Support on the IFRS 17 methodology development and provide analysis to facilitate the technical decisions.
  • Review the technical paper from Group Office and perform the product assessment on various IFRS 17 aspects.
  • Perform the financial impact analysis and reveal the financial implications of IFRS 17 implementation to stakeholders.
  • Co-work with Group Office and/or external vendor on the development of IFRS 17 centralized system.
  • Review the user requirements to ensure the specifications for system build are IFRS 17 compliant.
  • Collaborate with IT, Finance, and/or other parties to ensure the data and systems after development fulfill the user requirements.
  • Support data and system UAT and flag up issues encountered.
  • Support other responsibilities and duties periodically assigned by supervisor in order to meet the request from different parties.

The incumbent is required to obtain relevant license if the job involves in regulated activities
Minimum Job Requirements:
  • University / College graduate
  • Good progress in Actuarial professional examination
  • Knowledge in insurance products and IFRS 4 / US GAAP, IFRS 17 will be an asset
  • Experience in data and system UAT is a plus
  • Knowledge in Prophet is an advantage
  • Proficiency in MS Office
  • Good written and verbal English and Chinese skills

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

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About AIA Group

The roots of today's AIA Group can be traced to 1919 when entrepreneur Cornelius Vander Starr established his first insurance business in Shanghai, China. What followed was pioneering growth, securing AIA's position as the largest independent publicly listed pan-Asian life insurance group-spanning 18 markets and serving the holders of more than 38 million individual policies and more than 16 million group scheme members. AIA is based in Hong Kong and is listed on The Stock Exchange of Hong Kong under the stock code '1299' (ticker symbol: 'AAGIY'). AIA's contributions have supported social and economic progress across Asia, while also advancing the reach and impact of life insurance across the region. In 2020, we paid more than US$16 billion in benefits and claims, providing essential financial protection when it was needed the most. We also take pride in the long-term relationships we have developed with our customers and agents that in many cases have continued for generations. The insurance industry plays an important role in addressing the sustainability challenges our communities face. With this in mind, AIA's ambition is to be a global industry leader in Environmental, Social, Governance (ESG), shaping a sustainable future for the communities we serve and creating long-term value for our stakeholders. For more than a century, AIA has strived to make a significant, positive impact for our customers and communities across Asia. As we look to the future, this commitment is reinforced by our Purpose: to help millions of people live Healthier, Longer, Better Lives. Our Purpose guides the decisions we make and the actions we take as an organisation-empowering and enabling people to understand and manage their health, while meeting their long-term savings and protection needs. Helping create a healthier Asia is one of the most important and valuable things we can do for our communities, today and tomorrow.

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