Pricing Actuary

  • 34815
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Mar 6, 2019
  • |
  • Chinese
Reinsurance
RESPONSIBILITIES
  • Lead and support the pricing and modelling of new business; this includes the review on quotes.
  • Identify and understand clients' needs and concerns.
  • Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity.
  • Review pricing guidelines and ensure their correct application.
  • Able to challenge status-quo and look to simplify and improve existing practices.
  • Keep up to date with market, regulatory and competitive trends.
  • Work with Experience Studies team to gain insight into claims and lapse experience.
  • Ensure pricing guidelines are kept up-to-date via research and experience studies.
  • Contribute to technical, research and project management input for product development initiatives.
  • Provide strategic inputs in the running of the business in HK/TW including implications of regulations, market and industry developments.
QUALIFICATIONS
  • Qualified actuary with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent.
  • 3-5 years’ insurance or reinsurance working experience; pricing experience, particularly HK market is strongly desirable.
  • Commercial and technical skills in Life & Health product design and pricing.
  • Demonstrate maturity and flexibility at managing both internal and external stakeholders.
  • Experience at using and developing pricing tools, is a plus.
  • Excellent verbal and written communication skills in English and Cantonese.