Product Management (Pricing), Analyst/Specialist
AIA Group · Singapore · 12d ago
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
This role offers broad exposure across the full product lifecycle and the opportunity to influence how participating life insurance solutions are designed, priced, governed and delivered.The incumbent’s main responsibility is Actuarial pricing in support of the development for new and innovative participating products or campaigns, including the development of assumptions and pricing models, preparation of regulatory product filings, internal presentations, and support in product implementation.
- Actuarial pricing of new and existing participating products, including preparation of reports and presentationsfor senior management
Assess and evaluate key financial metrics, and propose ways to improve them while balancing the need for product competitiveness
Engage a range of internal stakeholders on pricing and implementation matters
Review of product-related documents and provide policy servicing support
Provide technical and implementation support for system development, including UAT, Day 1 and post-launch enhancements
Job requirements
Bachelor’s degree in Actuarial Science or equivalent quantitative discipline
Min 3years of actuarial experience in life insurancewith hands-on exposure to product pricing and product development related work
Demonstrated progress toward a recognised actuarial qualification
Strong actuarial modelling, analytical and problem-solving skills, with disciplined attention to accuracy, controls and documentation
Ability to turn complex analysis into concise recommendations and communicate effectively with senior stakeholders and cross-functional teams.
Ability to manage multiple priorities and deliver high-quality work within agreed timelines
Advanced proficiency in Microsoft Excel and strong proficiency in PowerPoint and Word
Knowledge of Prophet or similar actuarial software is a strong advantage
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
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