Investment Linked Accounting, Analyst

4 weeks ago


Ho Chi Minh City, Vietnam AIA Full time

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.
- It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030._
- And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business._

Sound like you? Then read on.

About the Role

The position in Investment Linked Accounting team is (1) to implement change and enhancement in statutory Fund-split report framework in accordance with new effective insurance law and (2) to ensure quality and timely delivery of operational results and financial performance by:

- Play the coordinated role to work with Actuarial team, Reporting team & Insurance Accounting team, and other external parties to ensure insurance data’s accuracy & completeness being recorded/adjusted on accounting and reporting system.
- Timely manage delivery of statutory reports to comply with VAS, insurance regulations and other relevant regulations;
- Review reconciliation result to ensure accuracy and completeness of accounting transactions; detect and recommend areas for improvement and enhancement on current systems and processes;

Key accounting and reporting activities (80%)
- Liaise with Actuarial team and Reporting team to implement change and enhancement in Fund-split report framework in accordance with new effective insurance law;
- Liaise with Reporting team, Insurance Accounting team to prepare monthly Asset-Liability report and audited Fund-split report and support Line Manager to review reports comprehensively, and closely monitor the Deficit/Surplus in Asset-Liability report to enable high level business decisions;
- Implement Fund-split report framework enhancement in terms of internal process and data to reduce manual effort and increase data granularity level;
- Perform analysis and assess reasonableness of Fund-split report to understand business insight;
- Involve in fund transfer process from central fund to other policyholder funds in accordance with external regulation and internal policy/guideline on a weekly basis;
- Analyze financial reports and scrutinize data from accounting system/core system to provide promptly and satisfactory responses on all queries (e.g. Actuarial team) to enable business decisions;

Other key ad-hoc activities (20%)
- Involve in enhancement implementation of Investment-Linked product (ILP) relating process to reduce manual effort of routine work, increase automation process, and reduce ILP incidents in compliance with Group requirement and Local regulation.
- Participate in Forecast cashflow and Cash interfund process.
- Provide support to other team members.
- Engage and support Finance team (both Local and Group) for any development and implementation of new processes and information systems.
- Other ad-hoc tasks and projects assigned by the Manager from time to time.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._


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