Actuarial Specialist
AIA Group · Makati City
Transform insights into action and impact.
At AIA, your skills, perspective and ideas can help us protect customers, balance risk and opportunity, and contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on real-world challenges, collaborate with talented colleagues and bring together data, technical expertise and commercial understanding to strengthen customer solutions and support sustainable growth.
Join us to shape better decisions, grow through new experiences and extend your impact across Asia.
About the Role
Responsible for the timely delivery of relevant, accurate and quality completion of the IFRS 17 monthly production valuation reporting and projections.
Roles and Responsibilities:
- Prepare the Pre-Monthly Production requirements to ensure timely delivery of monthly production results
- Prepares and/or reviews the monthly valuation of liabilities for OL/VUL/Group/A&H lines of business together with all the financial report templates required for submission to other departments, the regional office, local management and insurance regulators.
- Support in the preparation of actuarial and financial estimates / projections / budgets for different Life operations of the company.
- Review, conduct testing, and endorse actuarial model for the Prophet Workspace Manager to sign-off
- Perform validation checks on production results from Prophet, Subledger and SAS
- Provide user requirement for various data and systems to IT and Actuarial Architecture Teams
- Coordinate with IT, Actuarial Architecture Teams or other teams to ensure that data and systems fulfill the user requirements
- Involve in detailed review and design of IFRS 17 system solutions including production process manuals and documentations.
- Perform UAT on data and systems.
- Provide suggestions and enhancements in Actuarial modelling and reporting tools applicable to the Valuation reporting process.
- Perform other responsibilities and duties periodically assigned by the supervisor in order to meet operational and/or other requirements
Minimum Job Requirements:
- Education – Degree in Actuarial Science, Statistics, Mathematics or Engineering with heavy applications in mathematics
- Experience – at least 3 years adequate technical experience in actuarial work for a life insurance company
- Certifications/licenses – At least 3 SOA exams or 2 SOA Exams + 3 VEEs passed.
- Special skills - Has knowledge and exposure in actuarial software especially Prophet and DCS; knowledgeable in IFRS and PFRS insurance accounting and reporting standards; proficient in MS Office applications; with good command in English (both oral and written).
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.