At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.
It's finding new ways to not only better people's lives, but to better the communities and environments we live in. As the largest listed company on the HKSE, we've been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.
And to get there, we need leaders with the courage, clarity, and humanity to inspire, guide and support their teams to thrive every day - in the work they do and the life they live. Our leaders always have and will play a vital part in our journey to help more people live Healthier, Longer, Better Lives, build healthier societies and cultivate healthier environments that better everyone. If you sound like that leader, read on.
The opportunity:
As a strategic leader with a deep understanding of health and life insurance, you'll take on a pivotal role as Head of Propositions, leading the development and management of our pricing philosophy and strategy.
This position is crucial in driving innovation, product development, and our pricing strategies with a strong focus on meeting customer needs and balancing shareholder value. As a key member of our leadership team, you'll have the opportunity to influence major business decisions and shape the future of our product offerings.
Key responsibilities include:
Leading the development and management of long-term pricing strategies
Innovating new product designs, integrating Vitality shared value products, and enhancing ongoing Vitality innovations
Overseeing the preparation and review of premium rates, ensuring profitability while delivering customer value
Driving product development, ensuring our offerings meet customer needs and achieve business objectives
Leading the analysis and strategic response to competitor activities
Managing and coaching the Pricing team, fostering a culture of productivity and efficiency
Providing expert financial and risk advice to support new product launches and ongoing product management
Monitoring actuarial experience and ensuring the integrity of pricing models.
Ideally, you'll bring:
Qualified Actuary with 5+ years post-qualification experience
A deep understanding of health and life insurance pricing, paired with strong analytical skills
Expertise in shared value propositions and the application of behavioural science
A track record of successful product development and innovation, with an eye for detail and a creative approach to problem-solving
Proficiency in pricing model infrastructure and technology, combined with the ability to simplify complex concepts for diverse audiences
Exceptional leadership skills, with a talent for inspiring and guiding teams toward achieving their goals
A collaborative mindset, with the ability to build strong relationships across departments and influence key stakeholders
Strong decision-making abilities, with a proactive approach to challenges and a focus on driving results
An innovative and forward-thinking attitude, adaptable to change and eager to embrace new opportunities
The ability to effectively communicate the bigger picture, ensuring alignment across all levels of the organisation.
This is an exciting opportunity to lead a critical function within our organisation, driving innovation from the customer's perspective and ensuring our products remain at the forefront of the industry.
Why choose AIA?
At AIA, we believe in empowering every one of our people to find their 'better'. We do this by offering:
Competitive employee benefits that include insurances, an Employee Share Purchase Scheme and an extra day of leave each quarter to recharge
Membership to AIA Vitality, our science-backed health and wellbeing programme that provides the guidance, tools, and rewards to get more out of life and start thriving.
A supportive and inclusive workplace
Opportunities to grow within the business through internal mobility
Flexible working arrangements.
If you believe you can help guide us towards a better tomorrow, apply now!
Diversity, equity, and inclusion are at the heart of who we are and what we do. Our commitment to these values is unwavering and they are central to our mission. We encourage applications from all backgrounds, communities and industries and we are happy to discuss any reasonable adjustments that you require.
We are a 2024 Circle Back Initiative Employer – we commit to respond to every applicant.
Interested Candidates: Apply using the 'Apply' button. No emailed applications accepted.
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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