Senior Pricing Actuary

4 weeks ago

Auckland, Auckland, New Zealand AIA Group Ltd Full time
BELIEVE IN BETTER

Do you believe in leading the way to a better, healthier, more sustainable future?

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.

It's finding new ways to not only better people's lives, but to better the communities and environments we live in. As the largest listed company on the HKSE, we've been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.

And to get there, we need leaders with the courage, clarity and humanity to inspire, guide and support their teams to thrive every day - in the work they do and the life they live. Our leaders always have and will play a vital part in our journey to help more people live Healthier, Longer, Better Lives, build healthier societies and cultivate healthier environments that better everyone.

If you sound like that leader, read on.

The opportunity:

Join AIA New Zealand as a Senior Pricing Actuary and shape the future of insurance through innovative strategies, impactful decisions, and courageous leadership.

Reporting to the Head of Pricing, you will ensure the profitability and sustainability of AIA New Zealand products after consideration of shareholder requirements, customer value and needs, and market position.

Key responsibilities include:
  • Taking ownership of managing, prioritizing, and delivering tasks for the Pricing team, ensuring efficiency and effectiveness in operations
  • Leading and coaching the Pricing team, fostering a culture of development, innovation, and continuous improvement
  • Building strong relationships with key stakeholders, fostering trust and alignment towards common objectives
  • Presenting executive papers and providing strategic insights to senior leadership, influencing decision-making processes
  • Providing valuable input into the development of the long-term pricing philosophy and strategy, aligning with business objectives and market trends
  • Leading experience investigations and assumption reviews, leveraging analytical skills to derive actionable insights and recommendations
  • Monitoring market trends and identifying opportunities for efficiencies, proactively adapting pricing strategies to meet evolving customer needs and competitive landscapes
  • Ensuring compliance with AIA Group standards, legislative, and statutory requirements, mitigating risks and upholding the integrity of pricing practices
  • Managing risks allocated to the Pricing team, implementing effective controls and measures to safeguard business interests and customer outcomes.
Ideally, you'll bring:
  • 5-7 years of actuarial pricing/product experience, preferably in life insurance
  • Strong analytical skills and proficiency in Prophet, Excel, and SQL
  • Ability to develop and direct others, with experience in managing a team
  • Understanding of IFRS17, legislative, and statutory requirements
  • Excellent written and oral communication skills
  • Qualification as a Fellow of the NZ Society of Actuaries or equivalent.
Why choose AIA?

At AIA, we believe in empowering every one of our people to find their 'better'. We do this by offering:
  • Opportunities to grow within the business through internal mobility
  • Competitive employee benefits that include insurances, an Employee Share Purchase Scheme and an extra day of leave each quarter to recharge
  • Membership to AIA Vitality, our wellbeing programme, giving you access to great discounts & rewards with Apple, Les Mills, MoleMap, Endota Spa, Groov, AirPoints, Countdown & more
  • A supportive and inclusive workplace
  • Flexible working arrangements.
If you believe you can help guide us towards a better tomorrow, apply now

Accepting applications until end of business day on Monday May 27th. Disclaimer: We reserve the right to remove this advertisement prior to indicated close date based on internal recruitment requirements.

Diversity, equity, and inclusion are at the heart of who we are and what we do. Our commitment to these values is unwavering and they are central to our mission. We encourage applications from all backgrounds, communities and industries and we are happy to discuss any reasonable adjustments that you require.

We are a 2024 Circle Back Initiative Employer - we commit to respond to every applicant.

Recruitment Agencies: Our Talent team does not require any recruitment agency support.

Interested Candidates: Apply using the 'Apply' button. No emailed applications accepted. For general enquiries only, contact:

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.

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