Job Description

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
Ensure AIA can deliver the product pricing required in the Products Marketing and Business Strategy.
Meet the pricing standards required by Group Office and complies with BNM regulatory requirements.
Roles and Responsibilities:
Individual Pricing
Product pricing and development for individual products

• Assessment of product risks and regulatory requirements at product ideation stage
• Conduct and review the accuracy of pricing models, reinsurance reports and experience studies
• Group office filing & local regulatory filing of new products
• Review of Marketing documents for compliance and accuracy
• Perform User Acceptance Testing (UAT) and production Quality Control (QC) on New Business (NB) and Policy Servicing (POS) functionalities to ensure accuracy of system set up for new products
• Support channel compensation review, reinsurance arrangement and negotiation with reinsurers

Taskforce member

• A member of the taskforce to address all financial value related issues/queries/complaints from other department or policyholders
• Investigate issues, propose solutions for the Company and Policyholders
• Provide support on UAT of system functionalities and/or production recovery

Minimum Job Requirements:

• Minimum Degree holder, preferably in Actuarial Science.
• Making progress towards an actuarial qualification
• Strong interpersonal and communications skills
• Strong analytical skills and with business acumen.
• Confident and proactive.

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.

Skills Required