Actuarial Pricing Manager (General Insurance)

Actuarial Pricing Manager (General Insurance)

Harbridge Partners Limited

Central & Western Area

Posted on 30-Jan-23

Job Highlights

• Leading a team of juniors&provide training&mentor
• GI Actuary with 6+ year’s experience
• Attractive compensation and benefits package

Job Description

Title:              Actuarial Pricing Manager (General Insurance)

Location:      Central, Hong Kong

Our client is a leading global Insurance company that is looking to expand their Pricing team and bring abroad an enthusiastic, driven and responsible individual to lead the existing team on Pricing, modelling and interpretation of results.

Responsibilities:

• To lead a team on product rating related analysis, monitoring the loss ratios accordingly to the line of products
• Responsible for both technical and commercial pricing reviews including budgeting across all P&C lines of the business
• Provide interpretation results and generate reports and documents from observing trends in claims experience, various pricing methods and also projections from financial results
• Have effective communications with different teams including, project management, product development, operations, IT & system, business development, claims, finance and actuarial reserving teams
• You will have to play a strong role in converting repricing actions into strategical financial target that could be measured by doing regular basis profit review and monitor in the key lines of business
• Responsible for producing, verifying and explaining the observations made from the reports
• Guide the team in handling inquiries including data reconciliation, modelling, modelling results interpretations, monitoring reports and generate observations, pricing methods, pricing information interpretation etc.
• You will have to manage the priorities and time-line for the projects to assure pricing inputs progress
• Maintain updated knowledge of actuarial practices, particularly in latest pricing approaches, and a good understanding of regulatory standards in actuarial valuation

Requirements:

• University degree with a major in Actuarial Science or Statistics or Mathematics
• Qualified or part qualified from Internationally recognized Actuarial Institutions such as UK, US, and Australia
• At least 6 years in an actuarial position in General Insurance, preferably in pricing
• Experience in coaching actuarial staff, in areas such as data manipulation, modelling, pricing and report-writing
• Proven record in applying actuarial judgement in pricing work and leading discussions with business teams
• Strong communication skills, both writing and verbal, particularly in relation to business considerations and use of non-technical jargon
• Possess strong problem solving skills, ability to use judgement in determining solutions for wide range of problems, taking into consideration holistic operations of GI company
• Good command of spoken and written English
• Advance in SAS and EMBLEM or similar programming and modelling softwares, Excel/Word

Work Benefits/ Work Environment:

• Open and friendly company culture.
• Performance Bonus
• Dental Insurance, Life insurance, Medical insurance
• Great Career progression.
• Excellent career growth prospects

Harbridge Partners Limited
Employment Agency Licence:  68770