Posted 6 months ago
Financial Business Management
AI Summary
Reviews distribution channel campaign costs and compensation, performs risk and financial assessments on agency and bancassurance compensation, and updates channel profitability forecasts to meet financial targets.
About this role
At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.
It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you’re not just safeguarding AIA’s financial wellbeing. You’re securing a better future for the people and communities we serve - today, tomorrow and for generations to come.
If that interests you, read on.
About the Role
Responsible for reviewing distribution channel’s campaign scheme and cost, channel compensation, and provide the update in the channel profitability’s forecasting.Key Responsibilities:
- Ensuring distribution channel’s marketing campaign cost and benefit are acceptable to meet the financial target. Proposing changes of scheme, terms and conditions if needed.
- Perform risk and financial assessment on the proposed Agency or Bancassurance compensation.
- Ensure proper checking and testing of new/updated compensation in system.
- Update the channel profitability’s forecasting on regular basis and highlight potential actions to meet the financial target.
- Ensure all deliverables are delivered in timely manner and accurately.
Qualifications:
- Min. Bachelor's degree, with major in mathematics or actuarial area
- Minimum 2 years’ experience in similar area
- Student of Local or International Actuarial Exams
- Good commands in English
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
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.
Skills
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