FIND YOUR 'BETTER' AT AIA

We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we’d love to hear from you.

About the Role

This role will work with Group Office stakeholders to ensure the on-going and effective functioning of the Financial Risk governance and reporting processes at the Group Office level; and support local BU’s through expert risk insights with timely and transparent handling of escalated insurance risk and governance issues.

Roles and Responsibilities:

Perform risk assessments on a broad range of financial risk topics such as strategic asset allocation, internal capital and solvency management, inforce management, product and reinsurance pricing

Provide timely and constructive feedback while working with local BU risk officers to develop risk mitigation strategies which are practical and commercially sound

Develop and/or review standards, guidance notes, templates and other governance “tools” to support financial risk management processes in local BU’s

Risk Appetite Statement & Tolerances: Primary accountability for the development, maintenance, and monitoring of the Group’s Risk Appetite Statement, principles and tolerances for the Group

Own Risk Solvency Assessment (“ORSA”) & Recovery Plan: Support the development of the annual ORSA and Recovery Plan for AIA Group, and identify potential business actions deriving from these analyses

Stress & scenario testing for capital planning purposes: Develop and apply the Group stress testing framework to monitor the Group’s solvency and financial strength both on an actual and prospective basis

Analyze and identify key risks of inforce portfolio, to generate value-adding insight for risk management purposes

Compile, review and provide expert commentary on insurance risk metrics and watchlists, working to the standard of reliability and clarity which is required for submissions to the Group Financial Risk Committee

Participate in financial risk-related ad-hoc projects based on senior management requests or external developments

Minimum Job Requirements:

Minimum 10 years’ actuarial experience in a life insurer/reinsurer 

Significant practical experience in the fields of life insurance/reinsurance capital management or product pricing or internal economic capital model

Fellowship in a recognized international actuarial professional body 

Assertive, self-motivated and customer-orientated 

Sound problem solving and decision-making skills 

Strong leadership skills with the confidence to challenge consensus views 

Good communications and interpersonal skills 

Time management skills 

Strategic planning skills 

Computer literate in MS Office 

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.