Pricing Actuary

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 Opportunities:

As a Pricing Specialist, you will play a key role in supporting the pricing strategy and financial management of the AIA Vitality program across AIA Australia and AIA New Zealand. Working across a range of distribution channels, you will provide commercial pricing insights, financial analysis, and strategic recommendations to help drive sustainable growth and optimise program performance.

You will also contribute to the ongoing development and enhancement of the AIA Vitality program, partnering with stakeholders to provide pricing advice, evaluate new initiatives, and support the delivery of innovative member and business outcomes.

This is a 7 month Max term contract position.

To do this successfully you will:

• Lead the pricing and financial management of the AIA Vitality program across Australia and New Zealand, supporting product launches, program enhancements, partner initiatives, and marketing campaigns.
• Develop, maintain, and enhance pricing models, assumptions, and forecasting frameworks to support commercial decision-making and portfolio performance.
• Deliver actionable insights through data analysis, management reporting, and pricing recommendations, effectively communicating outcomes to a broad range of stakeholders.
• Partner with teams across Product, Marketing, Distribution, Finance, Actuarial, Operations, and Business Intelligence to optimise member engagement, program value, and commercial outcomes.
• Support the ongoing development of the AIA Vitality proposition by providing analytical insights, financial forecasts, and commercial input into product design, partner negotiations, and strategic initiatives.

Successful applications will demonstrate:

• Part-qualified actuary and hold a bachelor’s degree in relevant courses 

• Practical industry experience in life insurance, health insurance and/or reward program pricing are desirable. 

• Experience in R, SQL or any other languages are preferred. 

• Strong analytic and problem-solving skills 

• Strong communication (written and verbal) skills 

Why choose AIA:

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

• Access our training and development to build on your current skills
• Career development through internal mobility opportunities
• Work for a business helping millions of Australians and make a difference to someone’s life everyday
• Access additional leave days a year to recharge and refresh yourself
• Enjoy wonderful Health and Wellbeing initiatives that support you
• Work with supportive and inclusive managers
• Flexible working arrangement – 3 days in office and 2 days WFH

At AIA Australia, we’re 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 – it is our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030.  Lots of companies like to say they’re different. What makes us truly different at AIA, is the difference we make in people’s lives. We are proud that this difference has been recognised in the 2024 ANZIIF awards by being named Life Insurance Company of the Year.

AIA is different. Are you?

If you want to be part of an organisation that helps people live better every single day, apply via the link.