With the support of Invest Northern Ireland, the company was launched in October 2019 as part of a rapid expansion plan to grow its local base to more than 150 staff.
Aflac Northern Ireland smashed its target to recruit 150 highly skilled IT staff two years ahead of schedule in 2023 and now employs a team of more than 170.
Last year, Aflac Northern Ireland moved to an expansive 20,000 sq ft Grade A office space at Belfast’s City Quays 3, indicating significant growth and a long-term commitment to Belfast.
As part of the broader Aflac family, Aflac Northern Ireland provides solutions for the benefit of its US-based parent company’s global customers.
In the US and Japan, where Aflac is a major provider of cancer and medical insurance in terms of policies in force, Aflac helps close the gap between what policyholder’s health insurance does and does not cover.
Aflac U.S. President Virgil R. Miller said: "I’m delighted that five years since its establishment, Aflac Northern Ireland continues to make a positive impact on the economy, to local communities and to the development of outstanding careers.
"Our teams in Belfast have made a long and lasting impact on the success of our global operations by delivering cutting-edge solutions that lead the sector, supporting growth and jobs both here and at home."
Economy Minister Conor Murphy, said: "The Financial Services sector is one of my seven priority sectors. It is now one of our largest employers, with room for growth. This expansion has been fuelled by an unbeatable combination of world-class talent and research excellence supported by the government.
"Aflac is a shining light in the wider FinTech Sector ecosystem here, supporting over 170 good jobs which positively impact our economy, our communities, and the lives of the people they employ."
Miller added: "The game-changing technology produced by Aflac here in Belfast is making an impact not just locally but right across the globe, transforming the customer experience for millions of our customers in the United States and Japan.
"Investing in talent, training and skills development has been a top priority for us and I’m delighted to celebrate this significant milestone with our teams who make such a positive impact on our organisation."
Mark McCormack, managing Director, Aflac Northern Ireland, said: "We are extraordinarily proud that from a small start-up in 2019, Aflac Northern Ireland has evolved and matured quickly to become a major global tech leader and a major component of our society, particularly as it pertains to helping children and families.
"I’m delighted that we have exceeded our own high expectations for growth as an important part of the Aflac family and to renew our commitment to our teams, the city and region that we will continue to strive for excellence and industry leadership in the work we deliver while continuing to play our part in supporting the local economy and the communities in which we serve."
