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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 position is responsible to:- To support in Capital and Surplus Management
- To carry out monthly TOSS reporting
- To perform experience study analysis
- To support Retakaful Administration
Roles & Responsibilities:
- Strategic Assets Allocation (SAA) study and underwriting surplus distribution
- Perform monthly regulatory statistical reporting and support in development of new RBC framework reporting
- Perform annual experience studies to support assumption setting and monthly monitoring of medical loss ratio and underwriting surplus for respective risk funds, with insights to relevant stakeholders.
- Carry out analysis of sources of surplus arising for Takaful Operator Fund and perform sensitivity analysis
- Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements
Minimum Job Requirements:
- Undergraduate degree in actuarial science
- At least 4 years of actuarial valuation experience
- Associate or close to Associate of SOA/IFOA
- Excellent analytical and problem-solving skills
- Must have knowledge and experience using Prophet, Microsoft Visual Foxpro and Microsoft Excel. Knowledge in Alteryx is an advantage.
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.