Product Pricing, Analyst

AIA; Hong Kong; On-site; HKD 800,000 - 1,150,000; Full time

Job summary

AIA Hong Kong is seeking an experienced actuary to support product pricing and financial analysis, driving distribution initiatives and performance reviews. You will collaborate with IT, finance and product teams to ensure timely, accurate studies and customer-focused outcomes.

The role requires strong MS Office skills, actuarial software knowledge and bilingual English/Chinese communication. University degree in Actuarial Science or related field is essential, with professional licensing as

Qualifications

• University/college degree in Actuarial Science or relevant subject.
• Proficient in MS Office and data analysis techniques; actuarial software is a plus.
• Proficient in MS Office and database skills.
• Good command of written and spoken English and Chinese.
• License if job involves regulated activities.

Responsibilities

• Prepare new product pricing and financial analysis of distribution initiatives to meet the financial requirements of the company. Conduct profitability analysis of existing products.
• Prepare user requirements and perform testing for the actuarial related areas in the product implementation cycle to ensure accuracy and timeliness of system delivery.
• Prepare experience studies / reports. Meet agreed timelines and with accuracy. Provide observations and comments on the results.
• Communicate with IT and prepare user requirement for various studies and system development.
• Develop special quotations.
• Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements.
• Assist manager in coordinating among teams on ad-hoc tasks.

Skills

Actuarial science knowledge

Data analysis

English and Chinese communication

Education

University/College degree in Actuarial Science or relevant subject

Tools

MS Office

Actuarial software

Database skills

Job description

Transform insights into action and impact. At AIA, your skills, perspective and ideas can help us protect customers, balance risk and opportunity, and contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on real-world challenges, collaborate with talented colleagues and bring together data, technical expertise and commercial understanding to strengthen customer solutions and support sustainable growth. Join us to shape better decisions, grow through new experiences and extend your impact across Asia.

About the Role

Support the Assistant Actuarial Manager / Actuarial Manager / Senior Actuarial Manager in product development and maintenance / distribution initiatives by preparing product pricing / financial analysis and performing system checks. Perform studies to support the actuarial function. Review existing product performance and actual operational experience. This role contributes to the delivery of customer outcomes that are reliable, thoughtful, and create meaningful impact for customers and society. The role holder is expected to embed a customer first mindset in all decisions and actions by developing a clear understanding of customer needs, taking end to end ownership to resolve issues, and working collaboratively across teams to continuously enhance the customer journey - both directly and indirectly.

Roles and Responsibilities

• Prepare new product pricing and financial analysis of distribution initiatives to meet the financial requirements of the company. Conduct profitability analysis of existing products. (35%)
• Prepare user requirement and perform testing for the actuarial related areas in the product implementation cycle to ensure accuracy and timeliness of system delivery. (20%)
• Prepare experience studies / reports. Meet agreed timelines and with accuracy. Provide observations and comments on the results. (15%)
• Communicate with IT and prepare user requirement for various studies and system development. (10%)
• Develop special quotations. (5%)
• Perform other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements. (10%)
• Assist manager in coordinating among teams on ad-hoc tasks. (5%)

Minimum Job Requirements

• University / College graduate in Actuarial Science or relevant subject
• Proficient in MS Office and data analysis techniques, knowledge of actuarial software will be an advantage
• Proficient in MS Office and database skills
• Good command of written and spoken English and Chinese
• You are required to obtain relevant license if your job involves in regulated activities

Better starts with people who reimagine what is possible and turn ideas into meaningful action. At AIA, you will contribute in your own way, help shape outcomes that matter and collaborate with colleagues across disciplines, teams, markets and levels. We will support you to broaden your perspective, strengthen your capabilities and grow your impact. Together, we challenge assumptions, learn from one another and find better ways forward. Bring your ambition, experience and ideas to AIA, and help shape what “better” looks like.