Actuarial Internship Opportunity for Data Analysts
3 days ago
AIA International Limited is a leading insurance company that empowers people to live Healthier, Longer, Better Lives.
Job Description
We are seeking an Actuarial Intern to join our team in Hong Kong. As an Actuarial Intern, you will have the opportunity to work with various functions/sections during the internship period, including Product Development, Reporting, and Capital Management.
Roles and Responsibilities:
- In the Product Development function, you will assist in developing new products, reviewing existing product performance, and actual operational experience.
- You will perform data analysis, generate product financials through the use of spreadsheet and/or Prophet models, and check on IT systems related to product administration.
- Additionally, you will prepare data and calculation for experience/claim monitoring.
Reporting Function:
- You will perform calculations, data extraction, and checking for financial reports through the use of spreadsheet and/or Prophet models.
- You will verify valuation basis applied in the financial models and support coding of new products and improvements of the spreadsheet and/or Prophet models.
- Furthermore, you will perform analysis and explanation of results.
Capital Management Department:
- You will perform stochastic and risk-based analysis to support the formulation of business and financial strategies from capital perspective.
- You will calculate, extract, and check data for stress capital/economic capital reporting through the use of spreadsheet and/or Prophet models.
- You will also support testing of various financial strategies and analyze implications on capital position of the company.
- Finally, you will perform control and checking on the spreadsheet and/or Prophet models to ensure result consistency and quality.
Requirements
- You must be a university student majoring in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance, or Finance with strong mathematics background.
- You should possess good analytical and communication skills.
- A good command of written and spoken English is required.
- Proficiency in Microsoft Office and knowledge of Prophet, Visual Basic for Applications (VBA) or other computer programming language is an advantage.
Benefits
We offer a competitive compensation package, comprehensive training programs, and opportunities for professional growth and development.
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