Description:
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Position: Assistant Actuarial Manager
Company: Insurance
Location: Hong Kong
Job ID: 38358
Responsibilities:
- Support the Senior Actuarial Manager in driving and promoting the commercial agenda for the business.
- Perform pricing and profitability testing for new and existing propositions.
- Support in the production of robust and comprehensive Risk Assessment and Profitability Reports.
- Support in the production of regular Proposition Reviews and ad-hoc analysis of existing propositions.
- Provide inputs towards the development of the wider market strategy.
- Support in the development and maintenance of Commercial Tools.
- Responsible for the maintenance and monitoring of policy concession process.
- Data collation, carrying out experience studies and ad-hoc analysis to assist in pricing assumption setting and other ad hoc actuarial projects.
- Provide commercial support on system implementation through carrying out systems testing covering changes to illustration systems, policy admin system, claims and reinsurance system, etc.
- Perform remediation calculations and other compensation/ restitution calculations.
- Proactively identify and drive process improvements within Commercial team.
Qualifications:
- Degree holder in Actuarial Science or related disciplines and making good progress with actuarial exams.
- Preferably 4 to 5 years of relevant actuarial experience.
- Power user of spreadsheets with VBA programming, good understanding of actuarial modelling and software.
- Good time management skills.
- Strong technical skills preferred.
- Strong communication skills in both written and spoken English and Chinese; competency in Putonghua is an advantage.
- Good knowledge of products, markets, regulation and legislative requirements is preferred but not a must.
- Good presentation, problem-solving and interpersonal skills.
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