We are seeking a highly motivated and experienced individual to join our Pricing team as an Assistant Manager or Manager, based in Hong Kong. This is an excellent opportunity for a driven professional with a solid background in actuarial pricing to advance their career in a dynamic and collaborative environment.
The successful candidate will be responsible for developing and maintaining pricing models, conducting technical analysis, and supporting product development and pricing strategies. The role will involve close collaboration with cross-functional teams such as underwriting, marketing, and finance to ensure pricing frameworks align with regulatory requirements and business objectives.
The ideal candidate should possess 4 to 8 years of relevant actuarial experience, preferably in health or life insurance. Familiarity with Voluntary Health Insurance Scheme (VHIS) products will be considered a strong advantage. Candidates should be close to attaining Fellowship of a recognised actuarial body (FSA or equivalent) or already have achieved Fellowship status.
Key Responsibilities:
- Support the development and implementation of pricing strategies for new and existing insurance products.
- Build and enhance actuarial pricing models using established methodologies and tools.
- Conduct profitability and risk assessments through data analysis and scenario testing.
- Prepare and present pricing proposals with clear justifications and technical backing.
- Liaise with internal teams and external stakeholders to ensure pricing meets customer and regulator expectations.
- Monitor market trends and competitor offerings to support business planning and innovation.
- Ensure compliance with regulatory guidelines, especially related to VHIS when applicable.
- Mentor junior team members and contribute to ongoing professional development initiatives.
Requirements:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related discipline.
- 4 to 8 years of experience in an actuarial pricing role within the insurance industry.
- Progressing towards Fellowship qualification (FSA or equivalent); Fellowship preferred.
- Strong technical skills, including proficiency in actuarial software (e.g., Prophet, SQL, R, Excel VBA).
- Experience with VHIS products is a definite plus.
- Excellent analytical, problem-solving and communication skills.
- Fluency in English; Cantonese and/or Mandarin is an advantage.
- Ability to work independently and manage projects within tight deadlines.
This is a full-time role located in Hong Kong, offering collaborative teamwork, professional growth opportunities, and the chance to contribute meaningfully to innovative pricing solutions in the insurance sector. Competitive benefits are provided. Salary: £0 per year.
