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Actuarial Manager, Pricing, Life Insurance

  • Expanding Insurance Group
  • Products & Proposition Pricing
  • Attractive Package

Our client is an international Insurance group currently expanding its Life Insurance businesses in Asia. As part of this strategic growth, a newly created position has arisen for a high-calibre Actuarial Professional to join the Pricing team in Hong Kong.

The key responsibilities for this position are as follows:

  • Reporting to the Head of Pricing Team and working with the wider Actuarial department on products and proposition development with key focuses on Class A and Class C products.
  • Provide actuarial expertise from idea generations, feasibility assessment, business case formation, product development and prepare proposition reviews.
  • Take lead in conducting pricing and profitability testing, pricing of new business initiatives and re-pricing of existing products as well as to generate risk assessment and profitability reports.
  • Develop and maintain pricing models, propose pricing assumptions, work on illustration systems and perform systems testing.
  • Assist in reinsurance terms and pricing analysis, conduct remediation calculations and compensation / restitution calculations.
  • Support the Team Head on daily team matters.

Successful applicants will have the following skills and experience:

  • A university degree with professional Actuarial qualifications or progressing with Actuarial examinations.
  • Minimum 5 years relevant experience in an Actuarial function, preferably in Pricing.
  • Less experienced candidates would be considered at Assistant Manager level.
  • Familiar with Class A and Class C products, other Insurance products knowledge would also be considered.
  • Good technical skills in VBA programming, Prophet, Microsoft Access or other Actuarial software.
  • Fluency in English, additional language skills in Cantonese and / or Mandarin would be advantageous.

Information provided is for recruitment purposes only.

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