Principal, Investment Officer

FIND YOUR 'BETTER' AT AIA

We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we’d love to hear from you.

About the Role

The position is primarily responsible for supporting the implementation of Chief Investment Officer’s target operating model, which includes (1) asset and liability management through company-wide Strategic Asset Allocation and Tactical Asset Allocation process, (2) setting investment strategies and objectives to support product development and product competitiveness, (3) bottom up and top-down investment monitoring, and reporting, (4) investment analytics function in annual strategy planning exercise and (5) investment analytics in supporting investment solution or strategy formulation, in supporting Finance and ERM functions.

Specifically, this role is responsible for providing (i) asset allocation recommendations from investment and capital market perspective for implementation in annual asset allocation review processes, (ii) development and implementation of AIA Singapore and AIA Brunei strategic asset allocation (“SAA”) and asset-liability management (“ALM”) framework from investment perspective to ensure investment strategies support competitive products and business objectives

• Lead the development and end-to-end implementation of AIAS SAA framework to ensure an optimal outcome is achieved, by striking a delicate balance between investment performances, market constraints, capital and financial implications for AIAS. Collaborate with Actuarial to obtain the necessary approval from committees such as the Investment Committee (“IC”), Asset Liability Committee (“ALCO”) and AIAS Board of Directors (“Board”).
• Serve as the lead investment partner for insurance product development and business growth initiatives, collaborating with Product, Actuarial, Distribution, Finance, Risk and other stakeholders to develop best-in-class insurance products that enhance product competitiveness, improve capital efficiency and support the Company's growth objectives.
• Translate business and product requirements into executable investment strategies, including asset allocation design, yield enhancement opportunities, asset sourcing, hedging solutions and balance sheet optimisation, while ensuring alignment with investment governance, regulatory requirements and risk appetite.
• Provide strategic investment advice and thought leadership in the development of new insurance products, customer propositions and distribution initiatives, including assessment of investment, capital, liquidity, accounting and risk implications to support commercial decision-making.
• Set Investment asset mandates, portfolio mandates and benchmarks for AIAS and monitor execution of all mandate adherences to all MAS, as well as internal limits and overall investment performances.
• Co-Lead the relationship with AIA Investment Management (“AIAIM”) to ensure investment requirements are met and investment returns are optimized across key asset classes (i.e. equities, fixed income and alternatives).
• Work with Group Investment to implement Group Investment wide investment initiatives and projects to future proof AIAS Chief Investment Officer (“CIO”) Target Operating Model (“TOM”)
• Advise IC and ALCO on investment opportunities by actively participating in discussions with Group Investment
• Shared responsibilities of investment analytics in monitoring and reporting performances, insights of assets, financial impact/capital impact and regulatory reporting for AIA Singapore assets
• Work with Group and other stakeholders to support sustainability efforts and capability build-up in relation to portfolio management, monitoring, assessment and reporting for both internal and external disclosures (e.g., regulatory, SBTi targets etc.)
• Share the responsibility of ensuring the adherence to AIA Investment Governance Framework, while strengthening the control environment (as 1st Line of defense) and to facilitate the governance, risk and compliance culture, together with 2nd and 3rd Line of defense at AIA Singapore
• Share the responsibility of administration tasks such as coordinating committee meetings, month-end financial closing related activities, as well as regulatory requirements and queries

Minimum Job Requirements

Education

• At least a bachelor's degree in business administration, finance, financial engineering, data analytics, statistics, math, economics, or actuarial science. Masters degrees and/or additional professional qualifications such as CFA are preferred.

Experience and key skillsets

• Minimum of 10 years strong proven track record as an investment officer focusing on asset allocation, SAA and/ or ALM in life insurance companies or banks, or asset management companies.
• Strong interest in investment management, quantitative analysis, capital market and balance sheet management
• Investment qualification, insurance product knowledge or actuarial experiences are a plus
• Experience in analyzing and executing investment strategies
• Knowledge of investment, ALM and SAA
• Experience or knowledge of some regulatory and economic capital metrics, investment management for general account business, derivatives, liability management and hedging strategies
• Team player and a strong communicator (verbal and written)
• Ability to work with senior management, technical and non-technical functions across the organization
• Good Influencing and negotiation skills
• Good problem solving and analytical skills

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!

#LI-SF1

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

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