Product Management (Pricing), Analyst/Specialist | Singapore, SG

AIA Singapore Private Limited; Singapore; On-site; SGD 70,000 - 130,000; Full time

Job summary

AIA is seeking an actuary to lead pricing for participating life products, developing assumptions and pricing models for new initiatives in Singapore. The role includes regulatory filings, internal presentations, and cross-functional product implementation support.

The incumbent will interact with senior management and diverse teams to balance competitiveness with financial performance, delivering timely analyses and recommendations.

Qualifications

• Bachelor's degree in Actuarial Science or equivalent.
• Min 3 years of actuarial experience in life insurance with pricing/product work.
• Progress toward a recognised actuarial qualification.
• Strong modelling and analytical skills with attention to accuracy and documentation.
• Ability to turn complex analysis into concise recommendations for senior stakeholders.

Responsibilities

• Actuarial pricing of participating life products and campaigns.
• Develop pricing assumptions and pricing models for new products.
• Prepare regulatory product filings and internal presentations.
• Support product implementation and post-launch enhancements.
• Engage stakeholders on pricing and implementation matters.

Skills

Actuarial modelling

Analytical thinking

Stakeholder comms

Excel

PowerPoint

Word

Prophet

Qualification progress

Education

Bachelor's degree in Actuarial Science

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 p articipating 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

• B achelor 's degree in A ctuarial S cience or equivalent quantitative discipline
• Min 3 year s of actuarial experience in life insurance with hands-on exposure to product prici ng and product development related work
• Demonstrated progress toward a recognised actuarial qualificatio n
• 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 c ommunicate 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.