Actuarial Manager

  • 34086
  • Non-Life - Actuarial
  • |
  • Hong Kong
  • |
  • Aug 28, 2018
Insurance
RESPONSIBILITIES
  • Lead the team for product rating analyses, monitoring loss ratios by line of business/product, budgeting and technical and commercial pricing reviews across all P&C lines of business.
  • Apply actuarial judgement in interpreting and communicating results from actuarial pricing, and being able to capture them in reports that documents observed trends in claims experience, forward-looking pricing methods, projections in financial results.
  • Ensure clear communication with project management, IT & systems, product development, business development operations, claims, finance and actuarial reserving, on projects that involve re/pricing to ensure business objectives are met, and implementation is as agreed.
  • Monitoring the performance of key lines of business to ensure goals in profitability are reviewed and communicated on a regular basis. Play a strong role in translating repricing actions into measurable strategic financial targets.
  • Responsible for the production, verification and explanation of observations made from reports.
  • Guide the team in handling queries relating to data reconciliation, modelling techniques, interpretation of modelling results, observations made from monitoring reports, pricing methods, and interpretation of pricing information.
  • Managing priorities and project timeframes for pricing inputs.
  • Maintain updated knowledge.
QUALIFICATIONS
  • University degree with a major in Actuarial Science or Statistics or Mathematics.
  • Qualified or part qualified from Internationally recognized Actuarial Institutions such as UK, US, and Australia.
  • At least 8 years in an actuarial position in General Insurance, preferably in pricing.
  • Experience in coaching actuarial staff, in areas such as data manipulation, modelling, pricing and report-writing.
  • Proven record in applying actuarial judgement in pricing work and leading discussions with business teams.
  • Strong communication skills, both writing and verbal, particularly in relation to business considerations and use of non-technical jargon.
  • Possess strong problem solving skills, ability to use judgement in determining solutions for wide range of problems, taking into consideration holistic operations of GI company.
  • Good command of spoken and written English.
  • Advance in SAS and EMBLEM, as well as MS Access/Excel/Word.