Associate, Analytics & Reinsurance

AIA Hong Kong; Kuala Lumpur; On-site; MYR 80,000 - 110,000; Full time

Job summary

A leading insurance provider in Kuala Lumpur seeks an experienced Actuary to assist in product management and development of Corporate Solutions. The ideal candidate will have over 4 years in product development or pricing, preferably in the insurance industry. You will lead product initiatives, collaborate with various stakeholders, and ensure compliance with regulatory standards. This role demands strong analytical skills and a results-driven mindset.

Qualifications

• More than 4 years of related experience in Product Development or Pricing.
• Strong insurance product knowledge and pricing experience preferred.
• Experience in Employee Benefits is a plus.

Responsibilities

• Assist in defining product strategies for Corporate Solutions.
• Manage product development from end-to-end process.
• Collaborate with various stakeholders on product initiatives.

Skills

Product Development

Data Analysis

Critical Thinking

Leadership

Communication

Education

Bachelor degree

Tools

Business intelligence tool

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

The purpose of this position is to assist the team lead in product management:

To assist in developing and delivering new & existing Corporate Solutions products including group products, voluntary solutions to optimize new business & existing business growth, profitability, and customer needs.

Roles and Responsibilities

Product Management

• Assist in defining product strategies and explore new product ideas for CS product lines for CS Multi-Channel.
• Lead the product development from end-to-end process including implementation, for new product and product enhancement.
• Responsible to ensure product materials are accurate and updated.
• Collaborate with stakeholders including Actuarial, Operations, Reinsurers, Sales & Marketing, Group etc.
• Assist in managing CS product roadmap, ensure effective product management in supporting business goal and regulatory initiatives.
• Ensure compliant with regulatory guidelines, Group’s governance structures and Risk & Compliance Standards.
• Supporting Market analysis in identify opportunities, new product initiatives for different customer segment.
• Collaborate with Sales and Marketing in driving CS product initiatives / campaign, not limit to product training, Sales collateral.
• Provide on-going product support to relevant stakeholders.
• Conduct post implementation review via business data report and feedback from frontline.
• Assist in periodic product suite review, provide recommendation and drive changes as required. Lead ad-hoc projects and other initiatives as required.
• Provide guidance to juniors in terms of product management and knowledge.

Minimum Job Requirements

• Experience: Bachelor degree with >=4 years related working experience in Product Development or Pricing, Data analytics & pricing experience, preferred Insurance industry. Experience in Employee Benefits is preferred.
• Mindset: Adaptable,Results driven, critical thinking, curious, independent and commercial mindedness.
• Leadership skills: Influencing, cultivate a culture of curiosity and investigative nature. Focus on staff Career and skill Development
• Technical knowledge and skills: Strong insurance product knowledge, well-versed with product development process and framework, Data mining, Business intelligence tool, adequate pricing experience, meticulous.

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.