Actuarial, Analyst

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About the Role

This role supports the IFRS team lead in preparing the numbers required for monthly IFRS17 reporting and analyse the OPAT results to ensure key financial issues are being presented to senior management.

Roles and Responsibilities:

• Assist the IFRS 17 team lead in reporting process & submission to AIA Group Finance and local GFO within the monthly & quarterly timeline. This includes but not limited to:
• perform short term valuation (PAA UPR and IBNR calculation) for AIA corporate solution.
• prepare IFRS 17 valuation input / data required including Prophet result location update into the sub-ledger upload to produce monthly IFRS 17 reporting.
• perform IFRS 17 General Personal Accident Insurance Contract BEL and CSM calculation.
• Any ad hoc quarterly and/or year-end IFRS 17 submissions to Group Office.
• Prepare the Half Year IFRS 17 disclosures, includes but not limited to sensitivity analysis and liability run-off pattern.
• perform actuarial valuation control and analytical check for IFRS 17 reporting to ensure completeness and reasonableness, inclusive analysis of movement for selected line of business.
• Provide support in the streamlining, enhancement, and optimization processes within the reporting functions with the aim to improve reporting efficiency and TAT, including but not limited to UAT process.
• Provide support in company OPAT (Operating Profits After Tax) analysis to provide more insights to support AIA Group Finance and local GFO in making strategic financial decision making.

Minimum Job Requirements: