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 financial projections and regulatory reports for monitoring solvency risk and position
Roles and Responsibilities: - Perform regular regulatory reporting and valuations on Statutory Basis (HKIO / HKRBC).
- Analyse the solvency position and identify key risk drivers to capital position.
- Perform financial projections and scenario testing (e.g. Stress Capital / ORSA SST) to facilitate decision making and for regulatory reporting.
- Develop and enhance reporting processes to improve efficiency and analytical capacities.
- Report statistical information to regulators.
- Coach team members to develop team capabilities.
- Perform other responsibilities and duties periodically assigned by supervisor to meet operational and/or other requirements.
Minimum Requirements - University / College graduate in Actuarial Science, Mathematics and Statistics or related subject with at least 6 years' experience in life insurance industry.
- Qualified or nearly qualified Actuary.
- Good communication and presentation skills.
- Good command of written and spoken English and Chinese.
- Ability to deal with and handle multiple priorities.
- Solid experience and knowledge in insurance product and corporate actuarial work. Experience and knowledge in IFRS 17 / HKRBC basis / economic capital is an asset.
- Proficiency in actuarial software, e.g. Prophet is an advantage.
- You are required to obtain relevant license if your job involves in regulated activities.
Others: - The incumbent is required to obtain relevant license if the job involves in regulated activities.
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.