Actuarial Intern | HK Talent Engage

Job description

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

The Actuarial Department and Capital Management Department of AIA Hong Kong consists of various functions. As an actuarial intern, you will have an unique 6-month experience to expose into different functions/sections during the internship period

Job Description

Roles and Responsibilities:

Actuarial Department - Product Development

Main function of the product team would be to develop new products, review existing product performance and actual operational experience- Performing data analysis and generate product financials through the use of Prophet models

• Checking on IT systems related to product administration
• Preparing data and calculation for experience/claim monitoring

Actuarial Department -Reporting

This function is further divided into different sections for reporting under different valuation basis. This function prepares financial reports and projections for both external and internal use- Performing the calculation, data extraction and checking for financial report through the use of Prophet models

• Verification of valuation basis applied in the financial models
• Supporting coding of new products and improvements of the spreadsheet and/or Prophet models
• Performing analysis and explanation of results

Capital Management Department

The team performs various stochastic and risk-based analysis to support the formulation of business and financial strategies from capital preceptive- Perform the calculation, data extraction and checking for stress capital/economic capital reporting through the use of spreadsheet and/or Prophet models

• Support the testing of various financial strategies and analyzing the implication on capital position of the company
• Perform control and checking on the spreadsheet to ensure the result consistency and quality

Minimum Job Requirements:- University students major in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance or Finance with strong mathematics background

• Good analytical and communication skills
• Good command of written and spoken English
• Proficiency in Microsoft Office, knowledge of Prophet, Visual Basic for Applications (VBA) or other computer programming language is an advantage

Others:- You are required to acquire the relevant license(s) if your job involves regulated activities

• We offer comprehensive employee benefits e.g. group medical insurance

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.