Assistant Manager, Actuarial job opportunity at AIA Group.



DatePosted 30+ Days Ago bot
AIA Group Assistant Manager, Actuarial
Experience: 5-years
Pattern: full-time
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Salary:
Status:

Actuarial

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degreeAssociate
loacation Myanmar, MM - AIA Myanmar, Myanmar
loacation Myanmar, MM - ..........Myanmar

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 We are seeking an experienced and highly skilled Actuarial Assistant Manager to join our organization. As the Actuarial Assistant Manager, you will lead a team of actuaries and oversee the development and implementation of actuarial models, analysis, and strategies. Your expertise will be instrumental in providing accurate financial forecasts, risk assessments, and strategic recommendations to drive informed decision-making. The ideal candidate will possess strong analytical skills, exceptional leadership abilities, and in-depth knowledge of actuarial principles and practices. Roles and Responsibilities: Oversee the development and maintenance of actuarial models and tools. Analyze and interpret complex data to assess risks, determine reserves, and evaluate financial outcomes. Conduct scenario analyses, stress testing, and sensitivity analysis to evaluate potential impacts on the organization. Prepare and run the actuarial pricing model for new and repriced products, generating profitability results and producing financial analysis Supervise and review the work of junior staff e.g. pricing work and regulatory filing Prepare and review profit analysis/monitoring reports and identify innovative approaches to improve product profitability Lead the preparation of actuarial reports and presentations for management and regulatory bodies. Collaborate with finance and accounting teams to ensure accurate financial forecasts and reporting. Monitor and analyze industry trends, regulatory changes, and emerging risks that may impact the organization. Provide insights and recommendations on product pricing, reserving, and risk management. Collaborate with senior management to define long-term financial goals and risk tolerance. Assess and manage risks associated with insurance products, investments, and business operations. Ensure compliance with relevant regulatory requirements and actuarial standards. Collaborate with internal and external stakeholders to address regulatory inquiries and audits. Partner with cross-functional teams, such as underwriting, marketing, and product development, to support business initiatives. Engage with senior management and present actuarial findings, recommendations, and insights. Foster strong relationships with external partners, including reinsurers, auditors, and regulatory bodies. Minimum Job Requirements: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field. Advanced degree preferred. Extensive experience in the actuarial field, including a minimum of 5 years in a managerial or leadership role. Strong knowledge of actuarial principles, insurance products, and industry regulations. Proficiency in actuarial software and advanced Excel modeling. Excellent analytical, problem-solving, and critical-thinking abilities. Strong leadership skills with the ability to motivate and mentor a team. Exceptional communication and presentation skills, with the ability to convey complex concepts to both technical and non-technical stakeholders. Detail-oriented with a strong focus on accuracy and quality of work. Ability to adapt to a fast-paced and dynamic environment. 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.

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