Assistant Pricing Manager

  • 38549
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Nov 9, 2020
Insurance
RESPONSIBILITIES
  • Actuarial pricing under IFRS and MC basis, including feasibility study on product development, modelling and assumption setting with justifications and recommendation, reinsurance negotiation, preparing/reviewing pricing documents with limitation logs and expert judgment logs and approval papers.
  • Annual profitability review, in depth product review/analysis and etc.
  • Providing technical advices and having the capabilities to explain, discuss and/or clarify with all stakeholders independently.
  • Monitoring of PAR and universal life business, including but not limited to policyholders’ non-guaranteed benefits annual dividend, terminal bonus, dividend accumulation rate, crediting rate and, profitability information in Product Committee and Universal Life Forum pack, and review of profitability metrics, for example. VNB, MCVNB, IFRS17 yield buffer situation and forecast.
  • Any other profitability information requested by the business.
QUALIFICATIONS
  • University graduate in Actuarial Studies or related discipline.
  • Preferably be a qualified actuary from a recognized actuarial body such as FSA, FIA, FAA.
  • Ability to work independently and meet tight deadlines without compromising quality.
  • Excellent communication skill.
  • Possess strong problem solving skills for wide range of problems.
  • Good command of spoken and written English.
  • Proficiency in Microsoft Office, and knowledge of Prophet is preferable.