Description
We are seeking an experienced Actuarial Pricing Lead to join our team in Hong Kong. As an Actuarial Pricing Lead, you will play a critical role in reinventing healthcare in Hong Kong with advanced actuarial and analytics tools.
Key responsibilities include:
- Leading commercial discussions on product viability and pricing, providing ideas and recommendations on product design to enhance competitiveness
- Partnering with the Marketing and Distribution team to offer innovative pricing strategies and achieve company sales targets
- Developing partnership models or alternative financial solutions for business growth
- Managing pricing processes, including Value-of-New Business (VNB) reporting, experience monitoring, and product pricing approval
- Developing and maintaining pricing assumptions and models with sound pricing methodologies
- Providing pricing support on product development activities, business development initiatives, and loss mitigation strategies
- Communicating closely with International Health Actuarial (IHA) to uphold actuarial best practices and develop capabilities of the pricing team
- Communicating actuarial concepts and principles to stakeholders
Requirements:
- Degree holder in Actuarial Science or related disciplines
- Fellowship in a recognized international actuarial professional body
- At least 8-12 years of actuarial experience in the insurance industry, with experience in medical pricing being a plus
- Strong knowledge in cash flow and policy liabilities projections with experience in Prophet or equivalent actuarial software
- Excellent analytical skills with established skills in data processing software
- Good communication and interpersonal skills with good command of English
- Ability to work and solve problems independently under pressure