Pricing Actuary, Life

5 days ago


Hong Kong, Central and Western District, Hong Kong SAR China PartnerRe Full time

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation for financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people, and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication, and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

  • Shape your own career
  • Grow in a supportive environment
  • Connect with a community of experts
  • Make an impact

We are always looking for bright, proactive individuals to join our team

Please follow our Careers page for all updates on new positions. We look forward to receiving your application.

PartnerRe is an equal opportunities employer.

Job Description

About this job:

We are looking to hire a Life and Health Pricing Actuary to join our growing team in Hong Kong, reporting to the Head of Pricing, Japan & Korea. In this role, you will be responsible for the pricing of life reinsurance treaties and support the product development primarily for the Japan market .

About the team:

The regional pricing team is responsible for the pricing of Life & Health business written in the Asia Pacific region. Across these markets, we write group and individual protection business, both in short and long-term lines.

About the role:

In detail your responsibilities will include:

  • Performing and documenting the pricing of quotes across responsible markets while ensuring compliance with internal standards, thorough risk assessment, and application of best practice.
  • Performing peer review on quotations to ensure accuracy of financial results.
  • Collaborating with a cross-functional team of professionals from client markets and underwriting towards assessing the risks associated with a particular opportunity and ensuring the sustainability of the business written.
  • Contributing to the development of market-specific reinsurance solutions and products.
  • Developing, enhancing, and maintaining pricing benchmarks, tools, and efficient methods of carrying out existing processes.

Qualifications

About you:

You are looking to accelerate the development of your actuarial career. You have the ability and courage to constructively challenge business propositions whilst being business-minded and solution-oriented. The ideal candidate will be an excellent communicator, capable of explaining complex technical issues in a simple way.

You enjoy collaborating with your colleagues as well as working on your own. Your preference is to be part of an international and multicultural environment, handling diverse tasks, yet always ready to serve the team and meet the business needs.

You have the following background, skills, and mindset:

  • Recently or nearly qualified Life Actuary (FIA or equivalent) with around 8 years of experience in life insurance (preferably in pricing/data analytics).
  • Good understanding of key industry issues and trends, local regulations, and market practices; experience in the Japan market is a plus.
  • Fluent English speaker with Japanese language skills is desirable.
  • Ability to analyze big data sets, identify key insights, and provide recommendations. Critical Illness pricing experience is a plus.
  • Excellent communication skills, including the ability to communicate complex technical issues effectively.
  • Self-motivated, holds oneself accountable and takes ownership for problem resolution, able to prioritize under pressure of competing deadlines.
  • Proficiency in programming languages and actuarial software (R / Python / Axis / Prophet / SQL) is advantageous.

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

Thank you,
PartnerRe Hiring Team

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

General Business

Industries

Insurance

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