Associate Director/ Senior Manager, Actuarial Consultancy

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 position will see you leading evaluation of merger & acquisition activities in a leading life insurance giant!

Roles and Responsibilities:

Evaluate M&A financials and review valuation, for example:

• Lead due diligence and valuation. Comment on the reasonableness of projection assumptions and ensure all associated costs are incorporated
• Identify key levers of deal valuation and risk of transactions; and present the findings to group finance and local finance leaders
• Work with Group Partnership Distribution and Group Corporate Transactions teams to review case proposal
• Lead external consultants to review their work to ensure alignment with AIA standard
• Develop cash flow projections for case proposals
• Recommend appropriate product mix according to individual target markets to facilitate corporate transactions
• Deliver actuarial services to emerging markets and new markets
• Complete actuarial projects, deliver quality services and share Group SOP to internal customers
• Be point of contact for key partners and clients at countries and Group Office to resolve project issues and present project outcomes
• Be a mentor to develop the actuarial talents in new markets
• Work with countries on special projects, perform peer review and provide actuarial mentorship
• Define the responsibilities and roles of group office and local teams
• Develop efficient working approaches to deliver the target result.
• Present results to group and local senior management
• Work on ad hoc strategically important projects as assigned from time to time

Minimum Job Requirement:

• Minimum 10 years actuarial experience
• Qualified actuary
• Practical knowledge of life insurance products
• Self-starter
• Strong technical skills and client management skills
• Excellent project management and coordination skills
• Good communication and social skills
• Associate Director, and candidates with less experience will be considered as senior manager!

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.

Read Full Description