Actuarial Analyst - JR-21728

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. 

WE ARE LOOKING FOR .....

Assist in preparing and maintaining accurate actuarial models to perform projections and valuation according to business needs, regulatory and company guidelines.

ROLES AND RESPONSIBILITIES:

Assist in preparing and maintaining accurate actuarial models to be used for regular ANP, VoNB, EV and all other related reports within the AIA and local management mandated schedules. (80%)Assists in setting-up the model enhancements of new products and assumptions in Prophet database. (20%)Performs other responsibilities and duties periodically assigned by supervisor

MINIMUM JOB REQUIREMENTS:

Education - Degree in Actuarial Science, Statistics, Mathematics or Engineering with heavy applications in mathematicsExperience - at least 1 year adequate technical experience in actuarial work for a life insurance companyCertifications/licenses - None

Minimum Job Requirements:

College graduate with at least Bachelor’s degree related in math/statistics with good scholastic records.If new graduate, preferably top 10% of graduating class with adequate technical experience in actuarial work. Otherwise at least 1-2 years’ experience in working on model designs, methodologies and development projectsPursuit of entry level exams in Actuarial professional examinations possibly with 1-2 exams passedWilling to learn actuarial modeling software, such as ProphetProficient with MS Office applications

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.

AIA Philippines is the largest life insurance company in the Philippines and the market leader for over 65 years. AIA Philippines offers an extensive line of products in the industry that provides solutions to various financial needs including life protection, health insurance, savings, education, retirement, investment, group and credit life insurance. AIA Philippines has the most extensive network of offices and sales agencies nationwide.AIA Philippines is part of the AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group in the world. It has main operating subsidiaries or branches in 17 markets in Asia Pacific – Hong Kong, Thailand, Singapore, Malaysia, China, Korea, Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 92 percent subsidiary in Sri Lanka, a 26 percent joint-venture in India, and a representative office in Myanmar.The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$147 billion as of 31 May 2013. Through an extensive network of agents and employees across Asia-Pacific, AIA serves the holders of more than 27 million individual policies and over 16 million participating members of group insurance schemes.AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).