Financial Business Management

aia; Jakarta Pusat; On-site; IDR 180,000,000 - 280,000,000; Full time

Job summary

AIA in Jakarta is seeking an Actuary to review distribution channel campaigns, costs, and compensation, and to provide updates to channel profitability forecasts. The role involves risk and financial assessments of proposed agency or bancassurance schemes, and ensuring changes are accurately implemented in the system.

The candidate should have a minimum of a bachelor’s degree in mathematics or actuarial area, at least 2 years’ experience, be a student of local or international actuarial exams,

Qualifications

• Min. Bachelor's degree, with major in mathematics or actuarial area.
• Minimum 2 years’ experience in similar area.
• Student of Local or International Actuarial Exams.
• Good commands in English.

Responsibilities

• Review distribution channel’s campaign scheme and cost.
• Assess channel compensation and risks from financial perspective.
• Check and test new/updated compensation in the system.
• Update channel profitability forecasting regularly and flag actions.
• Ensure timely and accurate delivery of all deliverables.

Skills

Mathematics

Actuarial exams

English proficiency

Education

Bachelor's degree in mathematics

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 reviewing distribution channel’s campaign scheme and cost, channel compensation, and provide the update in the channel profitability’s forecasting.

Key Responsibilities:

• Ensuring distribution channel’s marketing campaign cost and benefit are acceptable to meet the financial target. Proposing changes of scheme, terms and conditions if needed.
• Perform risk and financial assessment on the proposed Agency or Bancassurance compensation.
• Ensure proper checking and testing of new/updated compensation in system.
• Update the channel profitability’s forecasting on regular basis and highlight potential actions to meet the financial target.
• Ensure all deliverables are delivered in timely manner and accurately.

Qualifications:

• Min. Bachelor's degree, with major in mathematics or actuarial area
• Minimum 2 years’ experience in similar area
• Student of Local or International Actuarial Exams
• Good commands in English

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.