Pricing Actuary - Life Insurance (Actuarial Analyst)
Robert Walters
Hong Kong, HK
3天前

A renowned insurance firm is looking for an experienced Pricing Actuary for its Life Insurance business. Office locates in Hong Kong Island, this is a 12 months rolling contract with potential to convert into permanent.

Candidates with 2+ years of work experience in Pricing / Actuarial field will be considered. They are opened for candidates who are qualified or close to qualifying.

Job Duties

  • Provide timely pricing support on quotation requests
  • Assess business opportunities critically and identify those worth pursuing
  • Recommend innovative deal structures to mitigate key risks while meeting company’s internal profitability objectives
  • Lead complex long-term cash-flow projection pricing modelling, validation and communication according to the actuarial principle, accounting rules and specific requirements
  • Build and support pricing model enhancements for all business lines
  • Assist new business reporting
  • Review consistency between complex cash-flow pricing models with pricing memos
  • Ensure quotations sent are accurate and provided within client deadlines
  • Support the team with various internal projects, including but not limited to : market research, development of pricing guideline across different lines of business, experience monitoring and reporting
  • Collaborate closely with the other teams on new product development initiatives
  • Assist in the preparation of marketing materials and participate in client visits and / or other marketing initiatives on a needed basis
  • Provide pricing support around the Taiwan market on a needed basis
  • Provide support on treaty preparation and review on a needed basis
  • Requirement

  • 3 + years of relevant actuary experience in life & health insurance, reinsurance or consulting fields in Hong Kong
  • Familiar with Hong Kong life insurance industry and products
  • Protection product pricing knowledge will be a plus)
  • In-depth knowledge with Medical and Critical Illness business is preferred
  • Background with solvency II and EC is preferred
  • Familiar with Excel and other actuarial software such as Prophet or AXIS
  • Ability to work in a team environment embedded in a global network
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