src=9396587;type=ctpma0;cat=china0;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;npa=;ord=1? Assistant Manager (Actuarial Pricing - Life)
Our Corporate Careers

Our Corporate Careers

You will play an important role in helping to achieve our vision.

We are looking for committed individuals to take up the challenge and join us in our mission to provide quality and professional services, implement stable and sound risk management, cultivate a harmonious & interactive corporate culture and contribute to society.

Job Description:

  • New Product pricing
    • Liaise and coordinate with Product team to provide actuarial support in product development process. It includes:
      • advising on product design, developing and maintaining pricing model, ensuring accuracy and robustness in technical pricing
      • proposing assumptions used in pricing
      • using relevant pricing model to derive premium rates and access profitability, as well as highlighting key risks associated with the product;
    • Ensure that the proposed premium rates are adequate and provide sufficient resilience against risks;
    • Ensure that the assumptions used in pricing are consistent with internal guidelines / experience and pricing methodology is compliance with both regulatory and internal requirement
    • Comply with internal and regulatory filing requirements in relation to pricing, create higher standard on the premium certification report & regulatory filing processes
  • Product Implementation
    • Liaise and coordinate with Product, Operation and IT teams to provide actuarial support to new product implementation, which includes operational set-up, system testing and policy documents review
    • Provide actuarial support in preparing policy illustration of life insurance products and ensuring that they are compliant with industry / regulatory requirement;
  • Reinsurance
    • Window contact for reinsurers
    • Participate in treaty review
    • Reinsurance policy review
  • Product Management
    • Conduct regular profitability review of life insurance products that are still open for new business.
    • Conduct regular evaluation of distribution remuneration structure, including assessing its market relevance and financial sustainability;
    • Provide actuarial support to review / evaluate any relevant corporate initiatives / incentive / campaign;
  • Other product related project
    • Handle special quotations and other policy servicing queries.
    • distribution compensation and analyses

Requirement:

  • Undergraduate degree from a recognized university, major in Actuarial Science, Math or Statistics preferred.
  • Minimum 3 years of actuarial experience
  • Strong actuarial knowledge, strong analytical and problem solving skills
  • Engaging and open minded working attitude with emphasis on being a good team player.
  • Meticulous for detail in risk assessment and profitability analysis
  • Proficient in Microsoft Office( Excel, Words, Power Point)
  • Proficient in actuarial computing (VBA, SQL, R, Prophet)

 

 

 

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