Actuarial Internship Programme

18 hours ago


Hong Kong, Central and Western District, Hong Kong SAR China AIA International Limited. Full time
About the Role

This is a unique 6-month internship opportunity to expose you to different functions and sections within the Actuarial Department of AIA Hong Kong.



Key Responsibilities:

Actuarial Department - Product Development

  • Main function of the product team is to 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.
  • Perform IT system checks related to product administration.
  • Prepare data and calculation for experience/claim monitoring.


Actuarial Department - Reporting

  • Integrated Reporting Team is responsible for providing shareholder reporting, regulatory reporting, business projections & forecast, and projects & initiatives.
  • The Department is further divided into different sections for different valuation basis, used for internal management and external disclosure purposes.
  • Perform calculation and data extraction for financial reports to assist regular reporting.
  • Verify calculation in financial models under different reporting basis.
  • Perform analysis and explanation of results.
  • Handle ad-hoc projects and other duties as required.


Capital Management Department

  • The team performs different risk-based analyses to support business strategies' formulation from a capital perspective.
  • Perform calculation, data extraction, and checking for stress capital/economic capital reporting using Prophet models.
  • Perform control and checking on Prophet models to ensure result consistency and quality.


Capital Planning & Optimisation

  • The team performs various stochastic analyses to support the formulation of financial strategies from a capital perspective.
  • Perform sensitivity runs on capital positions under economic basis through the use of spreadsheets to understand key risk drivers on capital.
  • Support testing of various financial strategies and analysing implications on capital position of the company.


Job Requirements:


  • University students majoring in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance, or Finance with a strong mathematics background.
  • 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.


Benefits:


  • Comprehensive employee benefits, including group medical insurance.

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.




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