Senior Actuarial Associate

Senior Actuarial Associate

AIA Group
2-5 years
Not Specified

Job Description

Bring your career aspirations to life with AIA!Contribute to Strategic Actuarial Project team to provide quality service and effective output in performance
Roles and Responsibilities:
Support to prepare high quality deliverables related to cross bases actuarial exercises independently
  • Perform calculation and prepare reports
  • Conduct valuation analysis based on actuarial guidelines and principles
  • Design and write computer programs for conducting analysis such as financial projection, reserve calculation, etc.
  • Participate in annual budget and other regular internal management report
    Support cross bases actuarial exercises and derive insights across the actuarial value chain
  • Prepare project plan, track progress and report
  • Support delivery of project / emerging actuarial exercise
  • Coordinate cross bases actuarial exercise e.g. strategic planning/budget, etc.
  • Prepare management deck to facilitate management in-depth understanding on key financial metric
    Support digitalization of actuarial team
  • Leverage next generation technology and digital solutions to improve actuarial workflows and processes to enhance efficiency to accelerate strategic objectives
    Support other actuarial projects as required by performing financial projections and profitability analysis for annual and ad hoc exercise
    Collaborate with internal and external working partners.

The incumbent is required to obtain relevant license if the job involves in regulated activities.
Minimum Job Requirement:
  • University / College graduate in Actuarial Science, Mathematics and Statistics, Business Administration or related subject with at least 2 years of relevant experience
  • Good progress in Actuarial professional examination
  • Good communication, presentation and basic project management skills Knowledge in insurance product and financial reporting basis, e.g. IFRS/USGAAP, embedded value, HKIO basis, economic capital is an asset
  • Proficiency in MS Office (e.g. VBA) and Actuarial Software (e.g. Prophet) is an advantage

Job Details

Employment Types:




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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