Actuarial Data Analyst
2 days ago
This Actuarial Intern position offers a unique 6-month experience to expose you into different functions/sections during the internship period.
The role is part of the Actuarial Department and Capital Management, Investment Department of AIA Hong Kong, which consists of various functions. You will have the opportunity to work in Product Development, Reporting, and Capital Management, Investment sections.
Here are some key responsibilities for each section:
Product Development:
- Develop new products, review existing product performance and actual operational experience
- Perform data analysis and generate product financials through the use of spreadsheet and/or Prophet models
- Check on IT systems related to product administration
Reporting:
- Prepare financial reports and projections for both external and internal use
- Perform calculation, data extraction and checking for financial report through the use of spreadsheet and/or Prophet models
- Verify valuation basis applied in the financial models
- Support coding of new products and enhancements of the spreadsheet and/or Prophet models
- Perform analysis and explanation of results
Capital Management, Investment Department:
- Perform stochastic and risk-based analysis to support business and financial strategies from capital perspective
- Calculate, extract and check data for stress capital/economic capital reporting through the use of spreadsheet and/or Prophet models
- Test various financial strategies and analyze implications on capital position of the company
- Control and check spreadsheet and/or Prophet models to ensure result consistency and quality
Requirements:
- University students major in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance or Finance with strong mathematics background
- Good analytical and communication skills
- Good command of written and spoken English
- Proficiency in Microsoft Office, knowledge of Prophet, Visual Basic for Applications (VBA) or other computer programming language is an advantage
Compensation:
A competitive salary of around HKD $40,000 - HKD $60,000 per month (approximately USD $5,100 - USD $7,700) is offered for this internship position.
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