Actuarial Pricing Expert
15 hours ago
AIA International Limited is seeking a seasoned Actuary to join our Product Pricing Leadership Team as an Associate Director, Actuarial.
As a key member of the team, you will be responsible for driving sustainable and profitable growth of new business in one or multiple product lines.
Key Responsibilities:
- To take ownership of the sustainable profitable growth of new business for one/multiple product line(s)
- To lead research and development relevant to the product line in collaboration with technical teams
- To actively explore levers and tools to improve product competitiveness and/or financial outcomes/resilience
- To keep abreast of latest claim, policyholder behavior, and expense experience of the product line to identify opportunities and risks
- To prepare for changes in regulatory frameworks and lead/participate in projects shaping favorable regulatory outcomes
- Qualified Actuary with at least 10 years of progressive experience working in direct life insurer, reinsurer, and/or consultancy
- Clear understanding of full range of product lines: Par saving, critical illness, medical, universal life, corporate solution, unit link, pension, retirement products, and protection products
- Deep expertise in assumption setting, asset/liability cash flow modelling, ALM, investment, capital management, medical business, and valuation
- Good understanding of stakeholders' interests, perspectives, and needs, and ability to develop effective professional relationships
- Strong influencing and negotiation skills
- Awareness of external factors, e.g. general economy, investment conditions, commercial environment, regulatory development, and public opinion
- Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or related field
- $180,000 - $220,000 per annum, depending on experience
- A competitive benefits package, including health insurance, retirement plan, and paid time off
- Opportunities for career growth and professional development
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