Actuarial Manager

ConnectedGroup

  • Central and Western District, Hong Kong
  • Permanent
  • Full-time
  • 1 month ago
Our client is a leading life insurance company with a strong focus on innovation and customer-centricity. We are now assisting them to look for a highly skilled and experienced Actuarial Manager to join their dynamic team and oversee the pricing function.Position Responsibilities
  • Develop and execute pricing strategies for life insurance products, ensuring alignment with company objectives and market trends.
  • Lead the actuarial team in conducting pricing analyses, including mortality, morbidity, persistency, and expense studies, to determine appropriate pricing levels.
  • Collaborate with underwriting and product development teams to assess risk factors and incorporate them into pricing models.
  • Monitor industry trends, competitive pricing, and regulatory changes to ensure the company remains competitive and compliant.
  • Provide guidance and mentorship to junior actuaries, fostering their professional growth and development.
  • Conduct regular reviews and audits of pricing models and assumptions to ensure accuracy and adherence to best practices.
  • Collaborate with finance department to analyze financial impact and profitability of pricing decisions.
  • Present pricing recommendations and reports to senior management, effectively communicating complex actuarial concepts in a clear and concise manner.
  • Stay updated on emerging actuarial trends, methodologies, and advancements, and implement relevant changes to enhance pricing effectiveness.
Position Requirements
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field. A master's degree or actuarial certification (e.g., FSA, ASA) is highly preferred.
  • Extensive experience (at least 7-10 years) in actuarial pricing within the life insurance industry, with a focus on individual life products.
  • Strong knowledge of actuarial pricing methodologies, including experience studies, risk assessment, and assumption setting.
  • Proficiency in actuarial software and tools (e.g., Prophet, AXIS, Excel) for pricing and modeling purposes.
  • Excellent analytical skills, with the ability to analyze complex data sets and derive actionable insights.
  • Solid understanding of financial concepts and their application to actuarial pricing.
  • Exceptional leadership and team management abilities, with a track record of successfully leading and developing high-performing actuarial teams.
  • Strong communication and presentation skills, with the ability to convey technical information to both technical and non-technical stakeholders.
  • Detail-oriented mindset, with a focus on accuracy and precision in actuarial calculations and analyses.
  • Knowledge of regulatory requirements and industry standards related to actuarial pricing.
Interested individuals can apply now and send CV to Vivian.wong@connectedgroup.com for more information. Only relevant candidates will be contactedFor a more comprehensive list of our vacancies, please visit: www.connectedgroup.com

ConnectedGroup

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