Head of Pricing

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

AIA is seeking a Head of Pricing (Actuary) to assist the Chief Actuary in designing and reviewing products, compensation schemes, marketing plans, and other actuarial projects related to the business.

Key Roles & Responsibilities :

• Provide intensive on-the-job technical training and develop the capabilities of subordinates on product pricing / development, agency and bancassurance compensation review work, and other actuarial projects assigned by senior management.
• Involvement in the end-to-end product development cycle, ensuring that pricing and processes comply with AIA Group Standards and local regulatory requirements. Lead the supervision and project management of pricing deliverables to ensure timely product launches, working closely with the Product and Marketing teams.
• Recommend approval for product pricing, reinsurance arrangements, and design for all lines of business and compensation schemes across distribution channels.
• Responsible for local regulatory product filings and assist the appointed actuary in submitting product approval proposals to regulatory authorities.
• Support initiatives of Corporate Solutions, including underwriting, campaigns, quotations, and preparation of results for monthly business development meetings. Conduct Experience Studies for Group Portfolios. Review agency and bancassurance compensation schemes in collaboration with relevant teams.
• Provide actuarial services for project-based assignments and support stakeholders within agreed scope and timelines.

Requirements :

Build a career with us as we help our customers and community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this opportunity. Failure to do so may impact your application process. Ensure that your submitted information is accurate and current.

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