company-logo-image

Actuarial, Specialist

ashley-avatar-image

AI-generated summary

beta

This job is for Actuarial Specialists at AIA, focusing on financial wellbeing and community impact. You might like this job because it offers a chance to secure a better future while handling EV and VONB reporting tasks with efficiency and collaboration.

Undisclosed

Kuala Lumpur, MY-AIA Malaysia, Kuala Lumpur

Job Description

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

Responsible for Embedded Value (EV) and Value of New Business (VONB) related reporting

EV / VoNB Prophet Workspace maintenance -

  • Work efficiently within the team to ensure timely cash flows delivery for VoNB and EV related reporting.
  • Carry out investigation and explanation on unusual trend and support on EV / VoNB ad-hoc request for the line of business in-charged.
  • Work seamlessly with relevant team(s) to ensure model developments and impact assessments are properly implemented, explained and documented.

EV and VoNB Reporting

  • Manage and coordinate efficiently within the team to ensure timely delivery of cash flows for results compilation and management reports
  • Carry out investigation and confidently explain the result’s reasonableness, experience variance versus forecast, VoNB margin movement
  • Handle various collaborators request/ enquiries on EV / VoNB confidently. Communicate the results/findings/financial insights to the supervisor and Chief Actuary for any necessary management actions.
  • Actively participate in the strategy planning for EV / VoNB budget.

Others

  • Embrace EODB and improve process workflows in order to achieve higher efficiency and productivity to achieve the fast close timeline.
  • Implement process controls while automating processes to minimize systematic errors.

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

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.


Job Requirements


Company Benefits

Wellbeing support

We offer a range of wellbeing tools and programmes to help you think well, feel well, plan well and live well.

Opportunities for career growth

With our diverse up-skilling, mentorship, job mobility and career experiences, we will help shape your career, your way.

Diverse team culture

It's our differences that make us better together. We empower you to be your best and make a difference in your own unique ways.


Additional Info

Company Activity

Last active - few hours ago


Company Profile

AIA Malaysia (Insurance)-logo-image

AIA Malaysia (Insurance)

Do you believe in helping shape a better, more sustainable future?

As the largest listed company on the Hong Kong Stock Exchange, we've been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.

Source: AIA Careers Page