src=9396587;type=ctpma0;cat=china0;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;npa=;ord=1? Assistant Manager, Actuarial






Job Description

New Product pricing

  • Work closely with Product team to provide actuarial support in product development process. This includes:
  • Provide advice on product design, develop and maintain pricing model, ensure accuracy and robustness in technical pricing
  • Propose pricing assumptions and methodology
  • Use relevant pricing model to derive premium rates and access profitability, as well as highlight 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 requirements;
  • Comply with internal and regulatory filing requirements in relation to pricing

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 requirements;


  • Point of contact with reinsurers
  • Coordinate and participate in reinsurance contracts review
  • Involve in other reinsurance matters such as retention limit review

Product management

  • Conduct regular profitability review of current selling life insurance products
  • Conduct regular evaluation of distribution remuneration structure, which includes 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 analysis

Any other project/work assigned by the company


Job Requirement

  • Good progress in Actuarial exams of a recognized actuarial body.
  • Minimum 3 years of actuarial experience
  • Strong actuarial technical knowledge, analytical and problem-solving skills, with the ability to work independently.
  • Engaging and open-minded working attitude with emphasis on being a good team player.
  • Meticulous for detail in risk assessment and profitability analysis
  • Excellent communication and interpersonal skill
  • Proficient in Microsoft Office( Excel, Words, Power Point)
  • Proficient in actuarial computing (VBA, SQL, R, Prophet) 

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