Pricing Intern

3 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

    4 days ago

    Singapore SCOR Full time $40,000 - $60,000 per year

    Company profileSCOR 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 for our...

  • Pricing Intern

    3 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...

  • Pricing Analyst Intern

    2 weeks ago

    Singapore Propseller Full time

    **Summary** - Job title: Pricing Analyst Intern - Employment type: Internship - Function: Operations - Industry: Real Estate, Technology, E-commerce - Location: 380 Jalan Besar, #05-09, Singapore 209000 - Workplace type: Hybrid - Visa sponsorship available: No - Start date: ASAP - Compensation: S$1,250 / month **About Propseller** Propseller is the...

  • Server Pricing Intern

    5 days ago

    Singapore Dell Technologies Full time

    It’s hard to put a price on driving human progress, but when you’re operating in a competitive business environment, you need innovative pricing strategies. Our Pricing team within Sales Operations is responsible for developing, implementing and evaluating these strategies. We conduct research and pricing analysis and monitor the ongoing business...

  • Intern, Pricing and Commercial Operations

    2 weeks ago

    Singapore Johnson Controls Full time

    **What you will do**: As a Pricing and Commercial Operations Intern, you will support the team in analysing data, optimizing pricing strategies, and improving commercial operations. You will be involved with various departments to ensure effective pricing and commercial practices across APAC region. Through this role, you will gain valuable regional market...

  • Pricing Executive

    5 days ago

    Singapore Phoenix Contact Full time

    Overview The Pricing Executive is responsible for developing and implementing pricing models and strategies that support business growth and profitability across Southeast Asia. This role requires close collaboration with Sales, Marketing, and Finance teams to ensure pricing decisions are informed by market dynamics, customer behaviour, and competitive...

  • Transfer Pricing

    5 days ago

    Singapore TikTok Full time

    Responsibilities About TikTok TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Singapore, Jakarta, Seoul and Tokyo. Why Join Us Creation is the core of TikTok's purpose. Our platform is built to help...

  • Pricing Analyst

    3 days ago

    Singapore People Profilers Full time

    Job Description: **Responsibilities**: - Maintain the base prices (Net Prices) and Recommended Reselling Price List (RRP)) Pricing Maintenance in Price partners (Global & Local) - Managing any local price conditions for local sources / assembled products in SAP and support projects team - Responsible for preparing monthly pricing analysis and reporting -...

  • Pricing Analyst

    2 weeks ago

    Singapore Bunge Asia Pte Ltd Full time

    **Role Purpose Statement** This position will support the Pricing Manager and Product Management team to optimize Bunge’s B2B oils profitability. The Pricing Analyst will support the team on all pricing related matters, including developing and maintaining pricing models; using historical data and competitor information to provide crucial pricing...