Senior Pricing Actuary

  • 34816
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Mar 6, 2019
Reinsurance
RESPONSIBILITIES
  • Lead the pricing and modelling of new business, supported by junior pricing colleagues; this includes the authority to sign-off on quotes in Hong Kong and Taiwan.
  • 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.
  • Develop 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.
  • Lead technical, research and project management input for product development initiatives.
  • Further the company brand across the region through speaking at seminars/conferences and writing of articles in industry publications.
  • Provide strategic inputs in the running of the company business in Hong Kong and Taiwan including implications of regulations, market and industry developments.
  • Support development of junior actuarial staff.
  • Lead and contribute to regional projects.
QUALIFICATIONS
  • Qualified actuary with 5 years PQE minimum with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent.
  • Insurance or reinsurance working experience; pricing experience, particularly across the Hong Kong market is strongly desirable.
  • Proven 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. Additional Cantonese and/or Mandarin are desirable.
  • This role is a supervisory role but we are open to candidates with less management experience who will be considered for individual contributor role.