Location: Shanghai

Your contribution at AIG：

The successful candidate is expected to work with senior analysts and actuaries to provide actuarial support to various insurance entities internationally to assist with the implementation of IFRS 17 requirements for Property and Casualty insurance.

Key duties and responsibilities:

1. Gain understanding of existing IFRS 4 / USGAAP / Local Statutory reporting processes and requirements, as foundation to providing IFRS 17 related deliverables;

2. Working with respective country and regional actuarial teams to set up and analyse the following IFRS 17 actuarial sub-modules:

Cash collection patterns

Allowance for late travelling & instalment premiums

Expenses (ULAE & Policy Maintenance)

Premiums and acquisition cost projections

Liability projections

3. Assist in the preparation of input data to ledger systems and setting up appropriate actuarial controls in place;

4. Assist in the interpretation of IFRS 17 financial results (including Balance sheet and Profit and Loss) from both actuarial and accounting perspectives; and

5. Assist in ad-hoc analysis as required.

Key Measuring Parameters

Quality and timeliness of work, including:

Focus & diligence in carrying out tasks;

Performing general reasonableness checks;

Quality of communication and team-work;

Progress in learning about the actuarial techniques and control processes;  and

Progress in actuarial exams.

What we are looking for

Bachelor degree in Actuarial Science, Mathematics, Statistics, or other quantitative degrees;

Strong analytical and problem solving skills;

Work well both independently and as part of a team;

Working knowledge of Microsoft Excel, Works and PowerPoint;

Effective time management skills; and

Excellent communication, presentation, and interpersonal skills.

Point of Contact:

Please send your resume to：zirui.chen@aig.com      Cong.Wang1@aig.com