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Actuarial, Principal

AIA International Limited. Hong Kong
Posted 4 days ago Permanent Competitive

Actuarial, Principal

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

Lead the sub-team to support end-to-end IFRS 17 reporting and responsible for IFRS 17 reporting in Actuarial function
This role contributes to the delivery of customer outcomes that are reliable, thoughtful, and create meaningful impact for customers and society. The role holder is expected to embed a customer first mindset in all decisions and actions by developing a clear understanding of customer needs, taking end to end ownership to resolve issues, and working collaboratively across teams to continuously enhance the customer journey-both directly and indirectly.

Roles and Responsibilities:

1. IFRS Reporting & Management (50%)
  • Oversee the preparation, delivery, and analysis of IFRS financial results on timely basis as per AIA Group requirements
  • Provide detailed analysis on the movements in key financials and communicate to senior management the key drivers in the results
  • Ensure compliance with IFRS accounting standards and group accounting policy
2. Technical Assessments for IFRS 17 (20%)
  • Lead the technical discussions, manage the deep-dive assessments and provide insights on the financial implications
3. People Management (20%)
  • Lead and manage the teams in order to enhance employee competencies, engagement and performance levels
  • Manage and motivate staff by identifying and creating opportunities to enhance competencies & performance
  • Coach and mentor high performers / potential staff in order to build a strong team
4. Project Management (10%)
  • Work with the team and other relevant parties (such as Human Resources, IT, other departments, etc.) to deliver the expected project results to support Company strategy.
  • Other responsibilities and duties assigned by supervisor
Minimum Job Requirements:
  • University / College graduate with at least 6-8 years of relevant experience
  • Attained Fellowship in Actuarial professional examination
  • Good managerial skill and analytical mind
  • Experience in people management and coaching
  • Ability to investigate complex technical issues and communicate the findings and implications
  • Sound knowledge in IFRS 17-related actuarial and accounting system, e.g. SAS sub-ledger
  • Stochastic modelling experience with Prophet ALS will be an advantage
  • Good command of written and spoken English and Chinese
  • Proficient in MS Office and data analysis techniques is essential
  • You are required to obtain relevant license if your job involves in regulated activities
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.
Job ID  JR-68084
ABOUT COMPANY
Hong Kong
Insurance
BELIEVE IN BETTER At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways t...
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