Job Description

BE THE DIFFERENCE

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. Everything we do is driven by our purpose to make a difference by helping people embrace Healthier, Longer, Better Lives. And every one of our people has an important role to play. If you want to make a difference by helping shape a healthier, better-protected Australia, read on.

The Opportunity

This role provides an excellent opportunity for a junior actuary or actuarial analyst to develop their skills within AIA Health. You will support actuarial pricing, valuation, business analytics, reporting and capital management activities, working closely with experienced actuaries and broader business stakeholders.

The role partners with the business to translate data and analysis into clear, practical insights that support sound decision making, product performance and sustainable growth, while meeting regulatory and shareholder requirements.

This role is for a 6-month secondment.

To do this successfully you will

• Support actuarial forecasting, valuation and capital analysis through accurate modelling, analysis and reporting, with guidance from senior actuaries
• Assist with actuarial pricing and financial analysis, including premium submissions, assumption setting and analysis across Health, Life and Vitality propositions
• Monitor and analyse product and portfolio performance using dashboards, experience monitoring and profitability analysis, identifying trends, risks and emerging issues
• Contribute to data‑driven insights through collaboration with business partners, BI reporting and channel or segment analysis to support performance improvement
• Support product development and strategic initiatives through analytical input into pricing reviews, new products, benefit changes and annual rate reviews, while working towards agreed KPIs

Successful applications will demonstrate

• Tertiary qualifications in actuarial studies, mathematics, statistics, finance or a related discipline, with progress toward actuarial qualification viewed favourably but not essential
• Some experience or strong interest in health and or life insurance, pricing, valuation or financial analysis
• Curiosity and problem‑solving capability, with the ability to learn, ask questions and contribute ideas to improve outcomes
• Clear written and verbal communication skills, with the ability to explain analysis in a straightforward way to non‑technical stakeholders
• A strong work ethic, attention to detail and willingness to take ownership of tasks while developing capability and confidence

Why choose AIA

At AIA, we have made a promise to help people live healthier, longer, better lives, and it starts with our own people.

• Access structured training, actuarial support and development programs to build your technical and commercial skills
• Career development through internal mobility and long‑term growth opportunities
• Work for a business that helps millions of Australians and make a difference to people’s lives every day
• Access additional leave days each year to recharge and refresh
• Enjoy a wide range of health and wellbeing initiatives
• Work with supportive, inclusive managers who invest in your development
• Flexible working arrangements with three days in the office and two days working from home

At AIA Australia, we are proud to help guide, support and protect the wellbeing of over 3.5 million Australians. As part of the AIA Group, the largest independent publicly listed pan‑Asian life insurance group, our ambition is to engage one billion people to live Healthier, Longer, Better Lives by 2030.

Lots of companies like to say they are different. What truly sets AIA apart is the difference we make in people’s lives. We are proud this has been recognised in the 2024 ANZIIF Awards, where AIA was named Life Insurance Company of the Year.

AIA is different. Are you?