Senior Actuarial Analyst

At AIA, our promise is to help people live Healthier, Longer, Better Lives by encouraging them to make positive lifestyle changes one step at a time. Our firm belief is that by following our Operating Philosophy of doing the right thing, in the right way with the right people, the results will come. AIA Insurance for Life, Health and Wellbeing.

The opportunity:
The purpose of the Senior Actuarial Analyst is to provide actuarial analysis and reporting including understanding of risks and available opportunities. By performing these tasks the Senior Actuarial Analyst/Actuary contributes to the profitability and effectiveness of the business in the attainment of its objectives.

About the role:
This role is key in the production and dissemination of the actuarially produced results and analysis.- Production and reporting of actuarially produced results and analysis including:

- MoS Valuation for Par and Investment products- Provide actuarial tax components for Par and Investment products
- Embedded Values and Value of New Business
- Movement in EV and source of earnings analyses- Review Prophet modelling changes and provide specifications for changes
- Actuarial statistics and other date for RBNZ returns as required
- Performance and experience analysis such as claims, lapses, expenses, and
- Information and analysis for the annual Financial Condition Report, Financial Risk Reporting and management information reports- Contribute to development and implementation of AIA’s investment strategy and strategic asset allocation- Provide leadership and professional guidance to the Team members, including ensuring the continual development as a high performing professional team- Seek continual improvements in the efficiency and quality of the financial analysis and processes

Performs other responsibilities and duties periodically assigned by supervisor in order to meet reasonable operational and/or other requirements

About you:
- Knowledge and understanding of theory and practice across at least some aspects of actuarial work (e.g. experience investigations, pricing, valuations, solvency and capital management, reinsurance, predictive modeling etc.).- Proven strong technical skills including software skills (including Sovereign systems, SQL, MS Office package, Prophet, Glean, DCS and R) and analytical skills.

Role Related Experience- Small project and/or team management experience.- Financial services industry experience (ideally life or health insurance, but other financial services experience will be also considered).- Understanding of NZ life insurance legislative and statutory requirements.- Understanding of Sovereign’s commercial environment (including products, markets and competitors).

**Qualifications**:
- Tertiary qualification with quantitative background (e.g. mathematics, statistics or engineering).- Newly qualified or passed Part 1 and Part 2 actuarial exams, or their equivalent.- Comply with continuing professional development requirements and professional standards of the relevant actuarial body.

Why choose AIA:
At AIA, we’ve made a promise to help people live healthier, longer, better lives. And it starts with our own people.- We invest in training and development to build on your current skills- Career development through internal mobility opportunities- Work for a business helping make positive health and wellbeing changes to the lives of New Zealanders- Access additional leave days to recharge and refresh yourself- Enjoy wonderful Health and Wellbeing initiatives that support you- Work with supportive and inclusive managers- Flexible working arrangements

What’s next?

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