Actuarial Associate/ Senior Actuarial Associate, Regulatory and Solvency Reporting

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you’re not just safeguarding AIA’s financial wellbeing. You’re securing a better future for the people and communities we serve - today, tomorrow and for generations to come.

If that interests you, read on. 

About the Role

Provide support on LCSM reporting. Ensure all entities submit solvency results regularly to Group Office for consolidation

Roles & Responsibilities

• Provide support on LCSM reporting:

• Ensure all entities submit solvency results regularly to Group Office for consolidation

• Provide support on the analysis of the LCSM results. Communicate the results to the supervisor.

• Provide support in developing/enhancing tools (e.g. template/consolidation tools) for LCSM reporting

• Lead and drive the system implementation for LCSM reporting basis;

• Write the solvency board paper

• Perform the 3 years projection in the annual budget plan and Group ORSA exercise

• Update the LCSM results for both internal and external stakeholders.

• Support HKRBC and Bermuda solvency position production and year-end filling and auditing. Monitor solvency movement on regular basis. Streamline and automate actuarial preparation process for Group solvency reporting.  Assist on the update of relevant AIA group policies and guidelines whenever required.

• Other ad-hoc projects are required.  

Minimum Job Requirements

•  University / College graduate in Mathematics, Statistics, Actuarial Science or relevant subject

• Experience – At least 3 years’ experience and experience with insurance company is preferred

• Proficient in statistical computer software

• Proficient in MS Office

• Good command of written and spoken English

• Candidates with less experience may also be considered for the role of Actuarial Associate

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

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