Product Management (Pricing), Analyst/Specialist

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

Job summary

AIA Hong Kong and Macau in Singapore is seeking an actuary focused on pricing for participating products. You will develop assumptions, pricing models, and advise on product design while coordinating with cross-functional teams.

The role requires strong actuarial modelling skills, hands-on product pricing exposure, and the ability to present findings to senior stakeholders. A track record in life insurance pricing and ongoing actuarial qualification progress is preferred.

Qualifications

• Bachelor’s degree in Actuarial Science or equivalent quantitative discipline.
• At least 3 years of actuarial experience in life insurance with pricing/product development exposure.
• Progress toward a recognised actuarial qualification.
• Strong modelling, analytical and documentation discipline.
• Ability to translate complex analysis into concise recommendations for senior stakeholders.
• Ability to manage multiple priorities and meet deadlines.

Responsibilities

• Actuarial pricing of new and existing participating products, including reports and presentations for senior management.
• Assess and evaluate key financial metrics, and propose ways to improve them while balancing 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, including UAT, Day 1 and post-launch enhancements.

Skills

Actuarial pricing

Modelling

Analytical thinking

Communication with stakeholders

Excel

PowerPoint

Word

Education

Bachelor’s degree in Actuarial Science or equivalent quantitative discipline

Tools

Prophet or similar actuarial software

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

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.

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. As the largest listed company on the Hong Kong Stock Exchange, we’ve been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way. Inspiring and supporting you to thrive - not just at work, but in life. Believe in better with AIA.