Pricing Actuarial Intern

About AIA Australia

AIA Group Limited, often known as AIA, is a Hong Kong-based American multinational insurance and finance corporation. It is the largest publicly listed life insurance and securities group in Asia-Pacific. 

Your role

The purpose of the job is to provide prompt support to fulfil policy service requests, including financial administration of AIA’s annuity portfolio. In addition, other regular or ad-hoc tasks are to be performed as required to assist the Retail Pricing department with meeting its goals.

The key responsibilities of the role are to:

• Provide prompt response to policy services requests for AIA’s retail products. This is achieved by performing and reviewing calculations such as premium projections, premium breakdowns, surrender values, maturity values, death benefits, cancel & replace and new business special discounts.
• Assist with the financial administration of AIA’s annuity portfolio by calculating the annuity payments on a monthly basis, surrender values and reporting.
• Update CPI, APL, RBA and terminal bonus rates to be used in various AIA systems and processes on a regular basis.
• From time to time provide pricing support and perform other ad-hoc tasks including remediation work, as well as any other tasks or responsibilities assigned by management.

With this role, you will have an opportunity to gain a deep understanding of AIA retail products. As an effective communicator, you will have the ability to build rapport and manage your stakeholders effectively. You are persistent in finding solutions to issues that arise but also possess the skills to know when to call out for assistance.

Training & development

With AIA's diverse up-skilling, mentorship, job mobility, and career experiences, AIA will help you shape your career, your way. AIA equips you for a rewarding and fulfilling future - wherever that may lead you. Read more.

Benefits

AIA wants to be an important part of people’s everyday health and well-being. Employees enjoy AIA benefits such as:

1. Rewards and Recognition
2. Recharge days
3. Employee Discounts
4. Salary continuance
5. Read more.

Career progression

AIA encourages and supports professional development with state-of-the-art training and induction programs as well as internal promotional opportunities. They have strong financial backing with a continuous track record of company expansion, which gives their employees endless opportunities and flexibility. 

Work life balance

Work with AIA and together, you will establish an environment that will support you to work flexibly in a way that fits with you, your life and your lifestyle. AIA offers a range of well-being tools and programmes to help you think well, feel well, plan well, and live well. Read more.

Culture & vibe

Building a truly healthy culture starts with shared values and a common purpose. AIA's inspirational dream, alongside its promise, unites the company in performing as a team but feeling like a family. It's the differences as individuals that make AIA better together. That's why AIA celebrates the diversity of its people and empowers you to be your best and make difference in your own unique way. Read more.

What it's like to work at AIA? Watch this video:

About you

At AIA Australia, they have a great opportunity for a Retail Pricing Intern to join the Retail Pricing team on a part-time basis, 20 hours per week. Ideally, you are in the second year of a Bachelor's degree majoring in actuarial studies and have made some progress with part one subjects of the Institute of Actuaries of Australia (or equivalent exemptions).

How to apply

This role is currently closed. If you are interested in this role, simply click "Pre-Register" and Prosple will inform you once this position from AIA Australia opens again.