You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Summary

• This role is leading one of the Product Pricing team, responsible for ensuring the Company is equipped with a comprehensive and competitive suite of products with healthy profitability. To lead and oversee assigned pricing projects currently taking place within the team and develop talents with equip them with required knowledge to support business development. It also involves communications and relationship management with RO on product approval process on peer review, reinsurer negotiations and assumptions setting with actuarial departments as well as product development discussions with other teams

Job Responsibilities

• Lead the entire product development process of assigned new product pricing for all products to ensure the product meets company’s profitability requirement, obtain new product approval and launch as scheduled. This involves close liaison with various functions such as Actuarial, Product, Peer Review team, Marketing and IT on product architecture and implementation, assumptions justification, risk assessment, etc.

• Responsible for prioritization and resources planning for the product pricing team to meet business needs and product timeline.

• Responsible for exploring new ideas from reinsurers (or TPAs) to support product and business development and the negotiation on reinsurance rates and treaty terms and relevant business terms and rates.

• Develop talents in the pricing team on actuarial and technical knowledge to cope with increasing demand and changing business requirements.

• Prepare and review regular business reports and conduct ad hoc business analysis

Job Requirements

• University graduate in Actuarial Science or other related discipline

• Attained Fellowship in Actuarial professional examination

• At least 10 years of experience in actuarial pricing and with 2 years at managerial level

• Solid understanding of Canadian and local actuarial practices and regulations in life insurance

• Strong business and financial acumen, presentation and stakeholder management skills

• Excellent analytical & problem solving skills

• Excellent communication in both spoken and written English and Chinese

• Proficient in Microsoft Excel; AXIS knowledge will be an advantage

We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate. 

We are an equal opportunity employer and welcome applications from all qualified candidates.  Application forms and resume will be kept for a period of 24 months after completion of the recruitment process.  (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category:

Actuarial

Posting End Date:

30/10/2024