Actuarial Internship Opportunity

4 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China AIA International Limited. Full time
Unlock Your Potential in Actuarial Science

We're seeking a talented and ambitious individual to join our Actuarial Department as an intern. This is an exceptional opportunity to gain hands-on experience in actuarial science, develop your skills, and contribute to the success of our organization.

About the Role

As an actuarial intern, you will be responsible for supporting the day-to-day activities of our Actuarial Department. You will have the opportunity to work on various projects, including product development, reporting, and capital management. You will also have the chance to develop your skills in data analysis, financial modeling, and risk management.

Key Responsibilities:

1. Actuarial Department - Product Development
  • Develop new products and review existing product performance
  • Perform data analysis and generate product financials
  • Check IT systems related to product administration
  • Prepare data and calculations for experience/claim monitoring
2. Actuarial Department - Reporting
  • Provide shareholder reporting, regulatory reporting, business projections, and forecasts
  • Perform calculations and data extraction for financial reports
  • Verify calculations in financial models
  • Perform analysis and explanation of results
  • Handle ad-hoc projects and other duties as required
3. Capital Management Department
  • Perform risk-based analysis to support business strategies
  • Calculate, extract, and check data for stress capital/economic capital reporting
  • Perform control and checking on Prophet models
4. Capital Planning & Optimisation
  • Perform stochastic analysis to support financial strategies
  • Perform sensitivity runs on capital positions
  • Support testing of financial strategies and analyze implications on capital position
Requirements:
  • University students majoring in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance, or Finance with strong mathematics background
  • Good command of written and spoken English
  • Proficiency in Microsoft Office and knowledge of Prophet, Visual Basic for Applications (VBA), or other computer programming language is an advantage
We Offer:
  • Comprehensive employee benefits, including group medical insurance
Build a Career with Us

We're committed to helping our customers and the community live Healthier, Longer, Better Lives. If you're passionate about actuarial science and want to make a difference, we encourage you to apply for this exciting opportunity.

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