Assistant Actuarial Manager

  • 38358
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Oct 13, 2020
Insurance
RESPONSIBILITIES
  • Support the Senior Actuarial Manager in driving and promoting the commercial agenda for the business.
  • Perform pricing and profitability testing for new and existing propositions.
  • Support in the production of robust and comprehensive Risk Assessment and Profitability Reports.
  • Support in the production of regular Proposition Reviews and ad-hoc analysis of existing propositions.
  • Provide inputs towards the development of the wider market strategy.
  • Support in the development and maintenance of Commercial Tools.
  • Responsible for the maintenance and monitoring of policy concession process.
  • Data collation, carrying out experience studies and ad-hoc analysis to assist in pricing assumption setting and other ad hoc actuarial projects.
  • Provide commercial support on system implementation through carrying out systems testing covering changes to illustration systems, policy admin system, claims and reinsurance system, etc.
  • Perform remediation calculations and other compensation/ restitution calculations.
  • Proactively identify and drive process improvements within Commercial team.
QUALIFICATIONS
  • Degree holder in Actuarial Science or related disciplines and making good progress with actuarial exams.
  • Preferably 4 to 5 years of relevant actuarial experience.
  • Power user of spreadsheets with VBA programming, good understanding of actuarial modelling and software.
  • Good time management skills.
  • Strong technical skills preferred.
  • Strong communication skills in both written and spoken English and Chinese; competency in Putonghua is an advantage.
  • Good knowledge of products, markets, regulation and legislative requirements is preferred but not a must.
  • Good presentation, problem-solving and interpersonal skills.