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Retail Pricing Analyst Opportunity

1 month ago

Melbourne, Victoria, Australia AIA Full time

About AIA

AIA Australia is a leading life insurance company that helps people live healthier, longer, better lives. With over 3.5 million Australians relying on us for protection and guidance, we're proud to be part of the AIA Group - the largest independent publicly listed pan-Asian life insurance group.

Salary Range: AU$60,000 - AU$80,000 per annum (dependent on experience)

Job Description:

Pricing Support Role

We're seeking a Retail Pricing Intern to join our Retail Pricing team on a part-time basis (15-20 hours per week). As a key member of our team, you'll provide prompt support to fulfil policy services requests, including financial administration of AIA's annuity portfolio.

  • Respond promptly to policy services requests for AIA's retail products by performing 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 annuity payments, surrender values, and reporting.
  • Update CPI, APL, RBA, and terminal bonus rates in various AIA systems and processes on a regular basis.
  • Occasionally provide pricing support and perform other ad-hoc tasks, including remediation work and any other responsibilities assigned by management.

Requirements:

  • Currently enrolled in second year of a Bachelor's degree majoring in Actuarial Studies or equivalent.
  • Progress with Part 1 subjects of the Institute of Actuaries of Australia or equivalent exemptions.
  • Strong communication and stakeholder management skills.
  • Persistent in finding solutions to issues but knows when to seek assistance.

What We Offer:

  • Access to training and development opportunities to build your skills.
  • Career development through internal mobility opportunities.
  • The chance to work for a business making a difference in millions of Australians' lives every day.
  • Additional leave days to recharge and refresh yourself.
  • A range of health and wellbeing initiatives to support your wellbeing.
  • Supportive and inclusive managers who value diversity and inclusion.
  • Flexible working arrangements.