Bring your career aspirations to life with AIA! Summary:
Supports the team in product development and maintenance as well as special projects. Manage the team to provide actuarial support on product and business issues.
Roles and Responsibilities:
Prepares new product / campaign pricing to meet the financial requirements of the company. Reviews the product / campaign features from product risk perspective. Conducts profitability analysis of existing products
Reviews and proposes amendments to product design and actuarial basis to be applied in new product pricing and profitability analysis
Responsible for the actuarial related areas in the product / campaign implementation cycle to ensure accuracy and timeliness of system delivery. Responsible for meeting the timeline and schedule for product internal and regulatory approval process
Reviews experience studies/reports and propose best estimate assumptions timely. Reports if any adverse trend and abnormality is observed
Represents Actuarial and provides required actuarial support to special projects including distribution channel issues and the implementation of new regulatory regimes
Supports manager in co-ordination of task assignment and resources for the team
Develops and trains up sub-ordinates to gain product knowledge and product pricing techniques. Regularly reviews and discusses the progress of subordinates and identify improvement/development areas
Develops and reviews special quotations
Performs other responsibilities and duties periodically assigned by manager in order to meet business or other requirements
Ensure team members who perform regulated activities have obtained the relevant licenses and fulfilled the licensing requirements
Minimum Job Requirements:
University / College graduate with at least 6-8 years of relevant experience
Attained Fellowship in Actuarial professional examination
Proficient in MS Office and data analysis techniques, knowledge of actuarial software will be an advantage
Experience in project and staff management
Good command of written and spoken English and Chinese
You are required to obtain relevant license if your job involves in regulated activities
Build a career with us as we help our customers and the community live healthier, longer, better lives.
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