Senior Pricing Manager

  • 37396
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • May 15, 2020
Insurance
RESPONSIBILITIES
  • Provide pricing and design recommendations that are relevant to the business and external stakeholders.
  • Lead the team to prepare actuarial reports on product developments and channel compensation for review by Head of Actuarial Product.
  • Pricing / Product Actuary, Chief Actuary, Chief Risk Officer and the relevant.
  • Manage re-insurance arrangement, experience studies and Setting key assumptions for financial projections.
  • Represent the Product Actuary in product and channel project teams and meetings.
  • Agreeing decisions and actions within limits delegated by the Head of Actuarial Product Pricing / Product Actuary.
  • Recommend pricing assumptions and methodologies to the Head of Actuarial Product Pricing / Product Actuary and Chief Actuary.
  • Ensure that product reports comply with risk management.
QUALIFICATIONS
  • At least 7-10 years of actuarial experience.
  • Fellowship in a recognized international actuarial professional body.
  • Strong technical skill and project management skills.
  • Flexible, strong communication and relationship skills, with a proven ability to influence and work with business functions.
  • Develop technical basis and underlying assumptions on life risk, e.g. Critical Illness risks covering HK and other the company entities.
  • Review assumptions documents, methodology guidelines and specifications.
  • Plan and manage workflow for assigned tasks and coordinates the plans with the business team.
  • Manage and implement changes to experience investigations and reinsurance arrangements to ensure timely implementation and in line with specification by the Head of Actuarial Product Pricing / Product Actuary.
  • Ensure that documentation and audit trail are maintained up-to-date for all processes.