Actuarial Associate, Project Element

Actuarial Associate, Project Element

AIA Group
2-5 years
Not Specified

Job Description

Bring your career aspirations to life with AIA!Responsible for developing and maintaining the actuarial modelling to meet business needs and regulatory requirements. Ensure deliverables are in high quality.
Roles & Responsibilities
  • Develop and maintain the Prophet models, as well as review and enhance the end to end process
  • Perform testing and controls on coding changes according to internal requirements
  • Develop and maintain Excel tools with VBA
  • Provide technical guidance/support to local business units, as required
  • Perform Actuarial analysis on modelling results.
  • Support other ad hoc actuarial projects as required

Minimum Job Requirements:
  • University / College graduate in Mathematics, Statistics, Actuarial Science or relevant subject
  • Knowledge in insurance products and at least 2 years of relevant experience, modelling experience is an advantage
  • Proficient in statistical computer software/ knowledge in actuarial software e.g. Prophet is a plus
  • Proficient in MS Office and database skills
  • Demonstrate abilities to problem solve and work independently
  • Good command of written and spoken English and Chinese

Candidates with less experience / fresh graduate will be considered for Actuarial Associate position.

Job Details

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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