Actuarial Intern, Technical

63810 | Actuarial | Student | n.a. | Allianz Singapore | Full Time or Part Time | Temporary Within a span of just four years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence. AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture. At the core of our values lies a relentless focus on the development and growth of our people, ensuring they have the necessary support and opportunities to excel in their careers. As the Actuarial Intern, you will be an integral part of our Technical Team. You will gain skills and knowledge in product development processes, new product design, underwriting, and more. Join us as an Actuarial Intern and gain practical experience in a dynamic environment while contributing to the development and success of our innovative insurance products. Candidates who can commit 4 months and more will be considered. Key Responsibility Areas: Assist with the end-to-end process of new product development, including but not limited to product design, developing premium rates, creating policy wordings, and determining underwriting rules. Conduct competitor analysis, including comparison of premium rates, providing customer and market insight, and understanding the product’s unique selling points and market positioning. Assist the owner of product development and clarify matters to external (distribution partners) and internal (distribution, IT/operations, finance, legal/compliance) stakeholders. Independently perform comprehensive product performance monitoring to support portfolio management decisions, including gathering feedback from salespeople and preparing slides for portfolio review. Support ad-hoc analysis and new business opportunities assessment based on the needs of the distribution or management team. Requirements: Undergraduate who is currently pursuing a degree in business, finance, actuarial science, or mathematics preferred. Strong financial and analytical skills. Familiarity with Microsoft and IT platforms like JIRA and Confluence. Programming experience is a plus (VBA/Python). Ability to analyze complex data from multiple sources in detail; identify and resolve issues before they transpire. Ability to express ideas and messages clearly, both written and verbally. Ability to successfully influence, persuade, and motivate others to act. Good interpersonal skills, with the ability to work across different cultures. Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, grow, and shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, or sexual orientation. Great to have you on board. Let's care for tomorrow. #J-18808-Ljbffr