AIA International Limited About AIA Hong Kong and AIA Macau AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. We have more than 15,000 financial planners*, as well as an extensive network of brokerage and bancassurance...
AIA International Limited About AIA Hong Kong and AIA Macau AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. We have more than 15,000 financial planners*, as well as an extensive network of brokerage and bancassurance partners who serve more than 1.8 million customers*. Our products range from individual life, group life, accident, medical and health, personal lines insurance to investment-linked products with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high net worth customers.* As of February 2016

Assistant Actuarial Manager/ Actuarial Manager - IFRS 17

Job level Middle
Education Bachelor Degree
Location
Within Hong Kong
Employment type Full Time
Industry Insurance
Job function Insurance > Actuarial
Published On 20/10/2018
ref. Employer Ref. 30448

Job Summary

Contributes to IFRS 17 project in data, system and process development, and collaborate with Group Office in establishing IFRS 17 methodology

 

Roles and Responsibilities

Develop data, system and process for IFRS 17

  • Assess the data and assumption readiness for transition to IFRS 17
  • Provide user requirement for various data and systems (e.g. Prophet, reinsurance system and sub-ledger) to IT.
  • Co-ordinate with IT or other parties to ensure the data and systems after development fulfill the user requirements  
  • Develop the IFRS 17 reporting process flow

 

Collaborate with Group Office in establishing IFRS 17 methodology

  • Review the accounting policy paper / practical guidance by Group Office and provide insight / business implication to HK portfolio
  • Assess the assumption gap compared to IFRS 17 requirements and develop new assumptions
  • Collaborate with Group Office in performing financial impact analysis, understand the impact on product profitability and formulate strategy

     

Lead and develop junior staff to perform data and system UAT

 

Job Requirements

  • University / College graduate plus at least 3 years of relevant experience (at least 5 years for Manager position)
  • Good progress in Actuarial professional examination
  • Knowledge in insurance products and IFRS4/USGAAP, IFRS17 will be an asset
  • Proficiency in Actuarial Software – Prophet, especially Prophet ALS is a plus
  • Experience in data and system UAT is a plus
  • Proficiency in MS Office
  • Good written and verbal English skill. Good written and verbal Chinese skill is an advantage

 

We offer an attractive remuneration package to the successful candidate. Please submit your application by clicking “” for our processing.

 

All personal information provided by applicant will be treated in strict confidence and used solely for recruitment purposes. The personal information will be used strictly in accordance with AIA’s personal data policies, a copy of which will be provided upon request. It is possible that information about the applicant or the applicant’s application will be shared with AIA and its related companies. AIA will retain all applications for a period of up to 24 months after which the documents will be destroyed.