Executive, Actuarial - Singapore - AIA Singapore Private Limited

AIA Singapore Private Limited Singapore

1 week ago

aia singapore private limited background

Full time

Description

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

Responsible for providing actuarial services covering all aspects of the insurance business and financial control, including valuation calculations, statutory reporting, risk assessment and premium setting

Prepare regular analyses and valuation calculations by product group / distribution channel in areas such as expenses and allowances, commission level
Prepare statutory reporting to the regulatory authorities and management
Report on functional strength, profitability, progress and specific portfolios
Involve in tailoring the rate and setting the premium of individual insurance policies, calculating risk assessment and recommending policy surrender values and costs of policy changes
Develop insurance products, establish premiums and advise on underwriting policy
Support distribution channels in areas such as special quotations and product training
Liaise with regulatory bodies on matters involving capital management / solvency

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.

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