Pricing Intern

5 days ago

Singapore AIA Full time

FIND YOUR 'BETTER' AT AIA
- We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us._
- We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives._

If you believe in better, we’d love to hear from you.

About the Role

AIA Singapore carries a wide range of life insurance products and has a wide range of distribution channels. The Actuarial department is responsible for functions such as pricing (new products, compensation to distribution channels, vitality program), valuation of liabilities, capital management, economic capital, asset and liability management, managing profitability of the in-force business, experience studies, financial reporting on various basis and reinsurance.

Interns will be assigned to one or more of the following projects (e.g. experience studies or cashflow checking on new products) during the Program depending on suitability, interest and timing (as projects are scheduled during different parts of the year).

WHAT YOU’LL BE DOING- Support the maintenance and enhancement of the Actuarial Pricing Excel model e.g. for Special Quotes- Generate key financial metrics from the Actuarial Pricing Excel model to support financial evaluations and decision-making- Provide end-to-end operational support for product changes and new product launches, including preparing and validating tables for administration system uploads and conducting User Acceptance Testing (UAT) to ensure system outputs are accurate- Utilize and/or verify calculation tools to generate policy value and benefit illustrations for policyholders- Assist in addressing customer enquiries by understanding and verifying queries, drafting responses or explanations, and performing policy alterations when necessary to resolve issues- Contribute to system enhancement initiatives and service recovery work

WHAT YOU SHOULD HAVE- Undergraduate who is majoring in Actuarial Science- Proficient in Microsoft office tools

LEARNING OUTCOME- Insight of various life insurance product types and their key features- Understanding of the administration system of life insurance products and the importance of its accuracy- Exposure to key financial metrics and the formulas used to calculate them- Brushing up communication skills by conveying complex actuarial concepts into layman-friendly language
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._

  • Intern, Pricing

    2 weeks ago

    Singapore Manulife Full time

    Manulife Pricing Interns are exposed to a multitude of modelling and pricing techniques, and will be involved in all stages of the pricing process. There is a strong learning culture within the team, and interns are encouraged to be pro-active about any questions or doubts they might have; be it to clarify about the tasks given, technical difficulties, or...

  • Pricing Intern

    2 weeks ago

    Singapore SCOR Full time

    Pricing Intern **Company profile** SCOR is a leading global reinsurer, executing an underwriting policy focused on profitability, developing value-added services and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security. The Actuarial Department in Singapore oversees the pricing of Non-Life...

  • Pricing Intern

    1 week ago

    Singapore Seagate Technology Full time

    **About our group**: Pricing Analyst would be part of Finance Pricing team and have an opportunity to experience exciting world of Pricing in Global Data Storage Leader, Seagate. Pricing is a key lever for top and bottom line and also gaining increasing attention from C-Level Executives due to its influence. In this role, Pricing Intern will have ability to...

  • Intern, Individual Pricing

    1 week ago

    Singapore Singapore Life Ltd. Full time

    Singapore, Singapore, Singapore - Department- Pricing - Individual Life- Job posted on- Sep 23, 2024- Employment type- Intern**About the team** We are a fun-loving team with a passion in actuarial field and belief that there is an amazing amount of value that we can add to the insurance industry through sophisticated product pricing and offerings. As a...

  • Pricing Intern

    1 week ago

    Singapore SCOR Full time

    **Company profile** SCOR is a leading global reinsurer, executing an underwriting policy focused on profitability, developing value-added services and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security. The Actuarial Department in Singapore oversees the pricing of Non-Life reinsurance contracts...

  • Actuarial Intern, Pricing

    1 day ago

    Singapore Munich Re Full time

    Actuarial Intern, Pricing **Company** Munich Re **Location** Singapore, Singapore Munich Re Group is one of the world’s leading providers of reinsurance. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to...

  • Actuarial Pricing Intern

    5 hours ago

    Singapore Prudential plc Full time

    Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career...

  • Actuarial Pricing, Intern

    2 days ago

    Singapore Manulife Full time $80,000 - $120,000 per year

    Manulife Pricing Interns are exposed to a multitude of modelling and pricing techniques, and will be involved in all stages of the pricing process. There is a strong learning culture within the team, and interns are encouraged to be pro-active about any questions or doubts they might have; be it to clarify about the tasks given, technical difficulties, or...

  • Intern Product

    7 days ago

    Singapore Porsche Asia Pacific Full time

    **Tasks**: - Assist the marketing team with a focus on Product & Pricing as well as general analytics - Coordinate and support in product & pricing related processes, activities and projects in close collaboration with Porsche headquarters and independent importer markets in the Asia Pacific region - Consolidate, evaluate and prepare various product &...

  • Pricing Intern

    5 days ago

    Singapore SCOR Full time

    **Company profile** SCOR is a leading global reinsurer, executing an underwriting policy focused on profitability, developing value-added services and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security. The Actuarial Department in Singapore oversees the pricing of Non-Life reinsurance contracts...