Actuarial Intern (Jul 2024 Intake)

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Actuarial Internship (Jan - Jun 2024 Placement)

This is a full-time 6-month Actuarial Internship placement for students who are interested in exploring a career in the actuarial field. We welcome students from Actuarial Studies, as well as other quantitative major such as Quantitative Finance, Mathematics, Statistics, and Risk Management, etc.

Students will be placed in one of the below teams with structured support and training:

Actuarial Services

• Prepare special quote and illustration, regular statistical return and report
• Participate in product development process including experience study and market comparison
• Responsible for valuation model conversion
• Assist in preparation of reinsurance reporting and monthly valuation tasks
• Assist in User Acceptance Test (UAT)

Product Pricing & Development

• Prepare special quote and illustration, regular statistical return and report
• Participate in product development process include experience study and market comparison
• Participate in product implementation process including User Acceptance Test (UAT)
• Assist in other product related projects such as data analysis
• Maintain Customer database and prepare the related statistics
• Responsible for valuation model conversion
• Assist in UAT and regression test on valuation data for new product launch
• Assist in annual experience studies
• Assist in preparation of reinsurance reporting and monthly valuation tasks

Asset Liability Management (ALM)

• Be an active member of the Asset Liability Management (ALM) function in SLF Hong Kong to support Business Unit goals. The role provides support in streamlining ALM reports and process improvement.
• Support quarterly and monthly reports to monitor ALM related risks (including interest rate, equity, currency, and liquidity risks) ensuring adherence to operating guidelines.
• Assist in analysis of ALM strategies for operating and surplus segments to optimize risk return trade-off.
• Provide support to the ALM team on ad-hoc projects and initiatives.

Requirements

• Year 2 or Year 3 student of Actuarial Studies, or any other quantitative subjects
• Proficient in Microsoft Word/ Excel/ PowerPoint/ Access/FoxPro
• Some progress in SOA Actuarial examination will be a plus
• Strong programming skills and GGY AXIS / Prophet will be plus
• Good analytical and communication skills

Job Category:

Temporary Employee

Posting End Date:

28/02/2024