newActuarial Intern

Date Posted: Posted3 days ago
Salary:
Sydney NSW

Job Description

The purpose of the job is to provide prompt support to fulfil policy services requests, including financial administration of AIA’s annuity portfolio. In addition, other regular or ad-hoc tasks are to be performed as required to assist the Retail Pricing department with meeting its goals.

At AIA Australia we currently have a great opportunity for a Actuarial Intern to join our Retail Pricing team on a part time basis, 20 hours per week.

Ideally, you are currently in second year of a bachelor’s degree majoring in actuarial studies (or in 3rd year and planning to continue university studies in 2022), and have made some progress with part 1 subjects of the Institute of Actuaries of Australia (or equivalent exemptions). The role can be based in Melbourne or Sydney.

Please note this is a paid opportunity for a 12 month contract period.

The purpose of the job is to provide prompt support to fulfil policy services requests, including financial administration of AIA’s annuity portfolio. In addition, other regular or ad-hoc tasks are to be performed as required to assist the Retail Pricing department with meeting its goals. The key responsibilities of the role are to:

  • Provide prompt response to policy services requests for AIA’s retail products. This is achieved by performing and reviewing calculations such as premium projections, premium breakdowns, surrender values, maturity values, death benefits, cancel & replace and new business special discounts

  • Assist with financial administration of AIA’s annuity portfolio by calculating the annuity payments on a monthly basis, surrender values and reporting

  • Update CPI, APL, RBA and terminal bonus rates to be used in various AIA systems and processes on a regular basis

  • From time to time provide pricing support and perform other ad-hoc tasks including remediation work, as well as any other tasks or responsibilities assigned by management.

With this role, you will have an opportunity to gain a deep understanding of AIA retail products. As an effective communicator, you will have the ability to build rapport and manage your stakeholders effectively. You are persistent in finding solutions to issues that arise, but also possess the skills to know when to call out for assistance.

Applications close 6th November 2021.

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:

Emily.Vegas@aia.com

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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Job Detail

  • Job Id
    aa85269a0ad3e7b8
  • Location
    Sydney NSW
  • Company
  • Type
    Private
  • Employment Status
    Permanent
  • Positions
    Available
  • Career Level
    Experience
  • Gender
    Male/Female

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