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About the Role
Report to: Senior Manager, Inforce Management
Location: Ho Chi Minh
Function: Finance | Department: Actuary
Type: Individual Contributor
THE OPPORTUNITY:
We are looking for an Actuarial Inforce Management, Senior Lead who drives more than one in-force management activities below according to the regulation and internal standards/policies of AIA Vietnam.
ROLES AND RESPONSIBILITIES:
- Drive analysis of claim trends, frequency/severity patterns, and cost drivers across multiple product lines to produce actionable insights for claim control.
- Recommend and support the implementation of strategies for early intervention and cost containment.
- Provide actuarial input to product pricing, reinsurance arrangements, and loss ratio monitoring.
- Improve efficiency/control in claim management process through process enhancement and automation.
- Lead the annual experience analysis & assumption setting (EAAS) workstream for all operating assumptions.
- Lead the fund management and ALM workstream including the following:
- Maintain local Par Bonus Declaration Policy and declare Par Bonus annually.
- Declare crediting rates for UL/Pension and non-participating discretionary rates.
- Perform annual SAA review and recommendation
- Lead the reinsurance management workstream including the following:
- Reinsurance internal and external reporting
- Treaty review and maintenance
- Lead the costing workstream for new compensation schemes
- Lead the monitoring workstream for current compensation schemes to determine whether they achieve the business targets set at costing stage
JOB REQUIREMENTS:
- Education: Bachelor's Degree
- Experience: 5-7 years experience in actuarial position
- Basic knowledge of Prophet, able to navigate and read the coding
- Experience working with Microsoft packages
- English fluency is necessary for this position.
- Negotiation and presentation skills, team player, organized and punctual.
- This position has the potential to lead the whole in-force management workstream.
