Actuarial Assistant/Paraplanner

Berry Actuarial Planning

- Preparation half-yearly advice documents for advisers to discuss at half yearly review meetings with clients, then attending to any related follow through tasks that come from the review meeting eg updating ATO and centrelink records, organising investments and member transactions (pensions and contributions).
- Define, analyze, and solve complex financial and business problems relating to a client’s financial circumstances with a specific focus on superannuation accounts including both self-managed superannuation funds and industry funds such as contribution, pension and investment planning, and then facilitating the execution of these plans with the relevant adviser.
- Undertaking analysis required to be able to contribute along with the adviser to the ongoing execution of a client’s investment strategy, based on client’s risk profile from which is resolved a target asset allocation (between income and growth assets). This includes ensuring the background data is on file to support all investment recommendations.
- Applying actuarial skills to projecting a client’s financial circumstances forward so as to help the adviser and client resolve suitable strategies that also includes consideration of the risks involved and contributing ideas on how to manage these.
- Preparation of life insurance advice including premium quotations and underwriting pre assessments and then following through to ensure outcomes go as expected.
- Engage with clients speaking Vietnamese to better access Australian financial services.

Actuarial Valuation Intern

Chubb Insurance

- Inquired knowledge about life insurance industry and company products.
- Developed existing models to evaluate products.
- Analyzed numerical and statistical data from systems and other departments for month-end report.
- Built new Excel tool merging different types of company products.
- Responsible for investigating and writing guidance about Policyholder Account Value Adjustment, Account Value Reconciliation, Policy Movement.
- Did Sample Checking for year- end audit

Valuation Actuarial Intern

AAA Assurance Corporation – Subsidiary of IAG (Insurance Australia Group) in Vietnam

- Investigated general insurance industry
- Practiced getting used to Triangle Method; Chain Ladder Method to do Solvency and projections.
- Calculated data related to Actuary such as: Earned Premium, Loss Ratio, Claim Frequency based on real data.
- Read Annual Report and analyzed data to predict future trend.