AIA Group Limited Jobs

AIA Actuarial Internship Programme

AIA Group Limited

AIA Actuarial Internship Programme

Reposted 2 Months Ago

Be an Early Applicant

2 Locations

In-Office or Remote

Internship

Insurance • Financial Services

The Role

The internship involves supporting the Actuarial Department with data analysis, product development, financial reporting, and capital management activities while gaining practical knowledge in various functions.

Summary Generated by Built In

Bring your career aspirations to life with AIA!

Responsible for supporting the day-to-day activities of a particular area of the business on either full-time or part-time basis, with the aim of learning practical knowledge of the business area, the company and the industry

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

Key Responsibilities:

1) 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 spreadsheet and/or Prophet models

•Checking on IT systems related to product administration

•Preparing data and calculation for experience/claim monitoring

2) 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 spreadsheet and/or Prophet models

•Verification of valuation basis applied in the financial models

•Supporting coding of new products and enhancements of the spreadsheet and/or Prophet models

•Performing analysis and explanation of results

3) 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 and/or Prophet models to ensure the result consistency and quality

The incumbent is required to obtain relevant license if the job involves in regulated activities

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

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.

Skills Required

University students major in Actuarial Science, Risk Management, Mathematics, Statistics, Insurance or Finance
Strong mathematics background
Good analytical and communication skills
Good command of written and spoken English
Proficiency in Microsoft Office
Knowledge of Prophet or Visual Basic for Applications (VBA) or other computer programming language

View all jobs at AIA Group Limited

View AIA Group Limited Profile

Report Job

Am I A Good Fit?

beta

Get Personalized Job Insights.

Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company

HQ: Hong Kong

25,938 Employees

Year Founded: 1919

What We Do

AIA Group Limited is a multinational insurance and financial services corporation headquartered in Hong Kong, providing life insurance, savings, and health protection products across the Asia-Pacific region.