Senior Pricing Actuary

  • 37234
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Apr 20, 2020
Reinsurance
RESPONSIBILITIES
  • Detailed pricing of proportional and non-proportional reinsurance solutions, including mortality/morbidity experience analysis, developing assumptions, modelling of cash flows and providing views on profitability.
  • Experience of pricing long term business lines for risks such as mortality and morbidity. Reinsurance experience is a big advantage.
  • Out-of-the-box thinking to come up with innovative pricing approaches and solutions.
  • Checking of pricing done by other team members.
  • Documentation of pricing exercises as well as supporting the underwriters in sign-off presentations, offer letters to clients, etc.
  • Ensuring all pricing is carried out in accordance with company underwriting processes and pricing guidelines.
  • Research, development, maintenance and improvements to APAC’s pricing benchmarks, methodologies and tools.
  • Follow-up and analysis of the in-force portfolio in coordination with In-force Management and Valuation teams.
  • Representing the company at client meetings and in industry conferences or bodies.
  • Strengthening the company and team’s profile by presenting at both internal and external events.
QUALIFICATIONS
  • Qualified Life Actuary with 10+ years of pricing experience in at least one of the following Asian markets: Korea, Japan, Thailand, Malaysia, Singapore.
  • Good understanding of key industry issues and trends.
  • Good understand of local regulation and market practices.
  • Proven analytical skills and the ability to work on complex projects, including the ability to manage time and multiple priorities effectively.
  • Self-motivation, ability to work under pressure when needed.
  • Experience in actuarial projections systems or statistical software is desirable.
  • Excellent communication and interpersonal skills, including the ability to communicate complex technical issues in an effective way.
  • Ability to lead work and give/receive constructive feedback and coach others with a view to improving their/own performance.
  • Excellent verbal and written communication skills in English, additional language skills would be an advantage.