Actuarial Pricing Specialist – Product Lifecycle

aia; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

AIA is seeking an actuarial professional to contribute to the development and pricing of participating life insurance solutions. The role covers pricing, assumptions, regulatory filings, and cross-functional collaboration to deliver innovative products.

The incumbent will lead actuarial pricing of new and existing products, prepare reports for senior management, and support system development, UAT, and post-launch enhancements.

Qualifications

• Bachelor’s degree in Actuarial Science or equivalent.
• Min 3 years of actuarial experience in life insurance with hands-on exposure to pricing and product development.
• Progress toward a recognised actuarial qualification.
• Strong actuarial modelling, analytical and problem-solving skills with disciplined attention to accuracy, controls and documentation.
• Ability to turn complex analysis into concise recommendations and communicate effectively with senior stakeholders and cross-functional teams.
• Ability to manage multiple priorities and deliver high-quality work within agreed timelines.
• Advanced proficiency in Microsoft Excel and strong proficiency in PowerPoint and Word.
• Knowledge of Prophet or similar actuarial software is a strong advantage.

Responsibilities

• Actuarial pricing of new and existing participating products, including preparation of reports and presentations for senior management.
• Assess and evaluate key financial metrics, and propose ways to improve them while balancing the need for product competitiveness.
• Engage a range of internal stakeholders on pricing and implementation matters.
• Review of product-related documents and provide policy servicing support.
• Provide technical and implementation support for system development, including UAT, Day 1 and post-launch enhancements.

Skills

Actuarial pricing

Pricing analytics

Stakeholder communication

Excel

PowerPoint

Prophet knowledge

Education

Bachelor’s degree in Actuarial Science

Tools

Prophet

Job description

AIA is seeking an actuarial professional to contribute to the development and pricing of participating life insurance solutions. The role covers pricing, assumptions, regulatory filings, and cross-functional collaboration to deliver innovative products.

The incumbent will lead actuarial pricing of new and existing products, prepare reports for senior management, and support system development, UAT, and post-launch enhancements.