P&C Actuarial Analyst

4 weeks ago


Hong Kong, Hong Kong SAR China Willis Towers Watson Full time
Job Description

As a P&C actuarial analyst in ICT, you will work as part of a team on projects focused mainly on general insurance. You will be involved in a variety of projects including IFRS 17, pricing, statutory valuation, data science/analytics, capital management, merger and acquisitions etc. our clients are mainly in Greater China and you will have the opportunities to work on projects in other markets. Many of the projects will involve using WTW's market leading actuarial software and techniques to produce customized solutions for our clients.

The Role
  • Data preparation, as well as producing and analyzing the initial results. You will work closely with consultants and project managers across the region who will help you to increase your insurance knowledge and sharpen your actuarial skills, all while providing a blend of client-facing exposure as well.
  • Working with consultants and project managers on a variety of insurance-related client projects which includes:

• IFRS 17
• Pricing, underwriting and product design
• Statutory reserving
• Data science and predictive analytics
• Merger and acquisitions
• Regulatory solvency
• Risk management and capital management
  • Developing actuarial models using WTW's market leading actuarial software and techniques to produce customized solutions for our clients
  • Experienced associates will often begin to play an extended role in supporting the project manager on drafting project plan, managing assigned workstreams, and ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
  • Deliver high-quality work in compliance with Excellence standards and proactively look to improve the process
  • Manage time effectively across multiple concurrent assignments
  • Support on research and Intellectual Property Development (IPD) work
  • Build strong relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Deliver work in accordance to project deadlines and meet or exceed client expectations
  • Work as part of a multidisciplinary consulting team to analyze issues and develop value-added solutions for the clients
  • Contribute to sales activities by assisting on proposals, demos, presentations and pitches


Qualifications

The Requirements
  • Degree in Actuarial Science, Mathematics, Statistics, Engineering or any other related quantitative fields
  • Fresh graduates, or up to 2 years of experience in general insurance or consulting/regional roles. More experienced candidates may be considered for more senior positions.
  • Pursuing actuarial exams from recognized International Actuarial Bodies
  • Fluent in English, Cantonese, and Mandarin, with the ability to effectively communicate, read, and write
  • Self-driven achiever, and able to work independently.
  • Good Microsoft Office skills, particularly in Excel; programming skill such as VBA, SQL, R etc. is a plus
  • Understanding of IFRS 17, reserving and/or pricing is a plus
  • Familiarity with WTW's actuarial modelling technology (e.g. Emblem, Radar, ResQ, ResQ Financial Reporter) is a plus

What can we offer you?

In return you will be rewarded with a competitive salary and a comprehensive benefits package including: a fantastic pension scheme, life insurance, medical insurance, flexible benefits and many other options and Corporate deals.
We also adopt a hybrid working arrangement, whereby a combination of work-from-home and in office is adopted.

WTW is an equal opportunity employer.
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