Assistant Manager, Product Performance and Analytics

Assistant Manager, Product Performance and Analytics

AIA Group
3-6 years
Not Specified

Job Description



Bring your career aspirations to life with AIA!This position is responsible for managing the existing BPLAC product and fund portfolio against customer value and set KPIs, and recommends and implements corrective measures (e.g. pull-out, repricing) of existing products as necessary.
  • Tracks product performance vs. business objectives, puts in place levers that will allow the company to hit VONB, product mix or other relevant targets mandated by company strategy, recommends and implements corrective measures to ensure achievement of set goals
  • Provides sales support through regular report generation of product performance for strategy development according to Territory, Area/Division, per distribution channel, in coordination with Business Analytics and Distribution teams
  • Monitors performance of newly launched products through report generation and analysis of product strategy, e.g. analysis of customer demographics to ensure penetration of target market segment
  • Provides baseline recommendation on target product mix, sets strategies to achieve target, and monitors actual product mix
  • Monitors customer complaints on product and fund performance, performs root cause analysis to determine possible remedial actions, as necessary
  • Coordinates with Actuarial on factors affecting VONB and VONB margin, GOE allowables and its correlation to VONB
  • Collaborates with Distribution Support for promotion of product/s in-focus
  • Supports preparation of business plans and strategies to align with company forecasts and goals
  • Performs ad-hoc data analysis and prepares reporting dashboards and other business intelligence materials as needed
  • Drives personal development through realization of Development Action Plan and
  • Performs other tasks as may be required by the immediate supervisor.

MINIMUM JOB REQUIREMENTS
  • Bachelor's Degree preferably in Finance, Business or other data-related field
  • At least 3 years experience in the insurance industry. Insurance knowledge is a must
  • Strong mathematical skills, capable of gathering and analyzing financial data, with background in data analytics roles
  • Strong analytical and problem-solving skills, capable of analyzing and organizing data into insightful recommendations
  • Excellent attention to detail and organizational skills
  • Highly adept at using Excel to process and prepare data. Experience in using advanced business intelligence software e.g. SAS is an advantage.
  • Self-motivated, independent, with a strong sense of ownership and accountability

Job Details

About AIA Group

For more than a century, AIA has strived to make a significant, positive impact for our customers and communities across Asia, reinforced by our Purpose : to help millions of people live Healthier, Longer, Better Lives . Our Purpose guides the decisions we make and the actions we take as an organisation - empowering and enabling people to understand and manage their health, while meeting their long-term savings and protection needs. We believe that helping to create a healthier Asia is one of the most important and valuable things we can do for our communities, today and in the future.

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