You will work with complex data sets to underwrite and price corporate plan. This is a highly analytical role that need to carry out data and trend analysis.
Pricing analysts work in a variety of fields, including maintain and enhance computer models.
Accountabilities and Activities
To price and underwrite new and renewal corporate business to achieve the target loss ratio.
To support in monitoring the financial performance of all products and conduct analysis to devise strategy to achieve the target loss ratio
Maintain and enhance computer models to perform claim trend analysis and assist in identifying risky areas and supporting product reviews, assisting to develop healthcare purchasing, and assisting to design claim cost saving strategies
Assist in regulatory product filing and new initiatives
Assist to develop and price new products
Provide advice to sales staff on benefit provisions and plan design
Provide data input support in pricing model and quotation request and ensure data quality of the database and reporting system
Provide tailor-made report to client as requested
Assist in preparing management reports
Make recommendation on pricing system requirement and other systems as required
To be considered for the role, you should ideally have
Degree holder in statistics, actuarial science or related discipline.
Qualified or partly qualified member of internationally recognised actuarial body.
At least 2 years' experience in pricing in an insurance company or consulting firm.
Self-motivated, detail-minded, strong analytical skills and willing to learn
Highest levels of integrity and trust
Good command of spoken and written English & Chinese