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Associate, Case Management and UnderwritingAIA Hong Kong and Macau
Associate, Case Management and UnderwritingAIA Hong Kong and Macau

Job Highlights

  • Underwrite group life, medical & credit life cases
  • Review benefit scope ons of group cases
  • Recommend benefit changes

Job Description

Job Summary

Perform financial underwriting and provide actuarial support to Corporate Solutions business with the objective of achieving business ANP, VONB and OPAT targets.

 

Roles and Responsibilities

Financial underwriting

  • Underwrites group Life, Medical, PA and Credit life cases by analyzing benefits, claim experience, terms & conditions and reinsurance arrangement to ensure sufficient margin has been catered for projected claims, medical trend, variables, expenses and profit margin while maintaining competitiveness of product.
  • Reviews benefit scope, terms and conditions of group cases with reference to internal and external rules and guidelines to ensure risk underwriting compliance as well as legal compliance.
  • Recommends benefit changes and cost-containment proposals for corporate clients by analyzing benefit coverage, scheme terms & conditions, claims pattern, medical trends, portfolio data, industry data as well as employee benefit design trends.
  • Works with Sales team to identify employee benefit gaps and develop benefit solutions for corporate clients. 
  • Works with Operations, IT and Network team to develop customer-centric benefit solutions which are operational viable.
  • Gathers claim data, prepares benefit analysis and works out group cases premium projections and terms recommendations for cases exceeding local authority for higher authority review and approval.

 

Projects & Reports

  • Participates in projects relating to service enhancement or business initiatives
  • Prepares regular and ad hoc underwriting reports as required.

 

Reinsurance arrangement

  • Contacts with reinsurers for facultative reinsurance arrangement to support special quotes with non-standard benefits and terms.
  • Recommends enhancement of benefits and terms for corporate clients and works with reinsurer on benefit enhancements.

 

Other responsibilities

  • Performs other responsibilities and duties periodically assigned by supervisor in order to meet business requirements.

 

Job Requirements

  • University / College graduate plus over 1 year related working experience.
  • Communication & interpersonal skills.
  • Commitment in team work.

 

We offer an attractive remuneration package to the successful candidate.  Please submit your application by clicking “Apply Now” for our processing.

 

All personal information provided by applicant will be treated in strict confidence and used solely for recruitment purposes.  The personal information will be used strictly in accordance with AIA’s personal data policies, a copy of which will be provided upon request.  It is possible that information about the applicant or the applicant’s application will be shared with AIA and its related companies.  AIA will retain all applications for a period of up to 24 months after which the documents will be destroyed.

 

Additional Information

Career Level
Entry Level
Qualification
Degree
Years of Experience
1 year
Employment Type
Full Time
Company Website

Company Overview

AIA International Limited

About AIA Hong Kong and AIA Macau

AIA Hong Kong and AIA Macau are subsidiaries of AIA Group Limited. AIA Group Limited established its operations in Hong Kong in 1931. We have more than 15,000 financial planners*, as well as an extensive network of brokerage and bancassurance partners who serve more than 1.8 million customers*. Our products range from individual life, group life, accident, medical and health, personal lines insurance to investment-linked products with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high net worth customers.
* As of February 2016

Additional Company Information

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