Product Management (Pricing), Analyst/Specialist

AIA Singapore; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

AIA Singapore is seeking an Actuary to lead actuarial pricing for participating life insurance products, shaping assumptions, pricing models, and regulatory filings. The role collaborates with cross-functional teams to ensure competitive yet profitable solutions.

You will develop pricing strategies, analyse financial metrics, support system implementation (UAT and launches), and present findings to senior management while maintaining rigorous controls and documentation.

Qualifications

• Bachelor’s degree in Actuarial Science or equivalent
• Min 3 years actuarial experience in life insurance with pricing/product development exposure
• Progress toward recognised actuarial qualification
• Strong modelling, analytical and problem-solving skills with attention to accuracy
• Ability to communicate with senior stakeholders and cross-functional teams
• Ability to manage multiple priorities and deliver on time
• Advanced proficiency in Excel; strong 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 improvements while balancing product competitiveness
• Engage internal stakeholders on pricing and implementation matters
• Review product-related documents and provide policy servicing support
• Provide technical and implementation support for system development (UAT, Day 1 and post-launch enhancements)

Skills

Actuarial pricing

Pricing models

Stakeholder comms

Excel

PowerPoint

Word

Prophet

Education

Actuarial degree

Tools

Prophet

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

This role offers broad exposure across the full product lifecycle and the opportunity to influence how participating life insurance solutions are designed, priced, governed and delivered. The incumbent’s main responsibility is Actuarial pricing in support of the development for new and innovative participating products or campaigns, including the development of assumptions and pricing models, preparation of regulatory product filings, internal presentations, and support in product implementation.

• 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

Job requirements

• Bachelor’s degree in Actuarial Science or equivalent quantitative discipline
• Min 3 years of actuarial experience in life insurance with hands‑on exposure to product pricing and product development related work
• Demonstrated 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

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.

ABOUT AIA

For over a century, AIA has served the ever‑changing needs of our customers across Asia‑Pacific. Our Purpose to help millions of people live Healthier, Longer, Better Lives is at the heart of everything we do.

As pioneering innovators, we’re now transforming AIA to be faster, simpler and more connected to create better solutions and impactful experiences for our customers and communities. AIA encourages and enables our people to act with clarity, courage and humanity in service of our Purpose.

JOIN US

At AIA, we believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. Whether it’s investing better wellbeing, inspiring better learning, building better relationships, or making a better impact on customers, a career at AIA will challenge you to find new ways to pursue your ‘better’. AIA is committed to building a vibrant, diverse, and inclusive workforce for all employees to thrive in. Join us if you believe in creating a better tomorrow!