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, Product

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. 30385

Job Summary

Supports the Senior Actuarial Manager in product development and maintenance by preparing new product pricing and analysis. Manage the team to perform experience studies and reinsurance management.

 

Roles and Responsibilities

Product

  • Prepares new product pricing to meet the financial requirements of the company. Reviews the product 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 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

 

Other responsibilities

  • Prepares and reviews reports for reinsurance and universal life business in accordance to regulations and guidelines.
  • Represents Actuarial and provides required support to special projects
  • 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.

 

Job Requirements

  • University / College graduate with 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
  • Proficient command of spoken and written English and Chinese

 

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.