Actuarial Manager

6 days ago


Hong Kong Island, Hong Kong SAR China Hang Seng Bank Ltd Full time

Add expected salary to your profile for insights Some careers have more impact than others. If you’re looking for a career where you can make a real impression, join Hang Seng and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, Hang Seng offers opportunities, support and rewards that will take you further. Insurance Hang Seng Bank was one of Hong Kong's bancassurance pioneers with insurance business footprint started since 1965. Over the years, Hang Seng Bank has been committed to serve its customers by providing full spectrum of insurance products including Life Insurance manufacturing, distribution of General Insurance and Medical products, and MPF business. Insurance is a fast-growing business and is one of the key drivers of Hang Seng Bank. As a well-established insurance entity, we take care of every need of our customers with an optimized service excellence through the Bank’s retail and commercial network, with a dedicated team of professionals in place. We are currently seeking a high caliber professional to join our team as Actuarial Manager - Pricing, reporting to Senior Manager and Actuary, Products. Responsibilities Product pricing including feasibility study on product development, modelling and assumption setting with justifications and recommendation, reinsurance negotiation, preparing/reviewing pricing documents with limitation logs and expert judgment logs and approval papers. Able to explain the issues and elevate whenever (s)he sees the need. Overseeing the pricing results to ensure proper pricing, complying with pricing guideline and Group and Global frameworks. Review profitability of portfolio of products and provide recommendations to product management. Playing a key role in reinsurance negotiation and arrangement to ensure adequate risk control. Preparing management information reports and analysis (e.g. Annual profitability review, in-depth product review or analysis & etc.). Requirements University graduate in Actuarial Studies or related discipline. Qualified actuary under one of the International recognized actuarial societies. In-depth knowledge of life and retirement industry and products. Excellent presentation, communication, as well as proficient analytical skills. Project management experience, organizational skills and ability to think innovatively. Strong problem solving skills and business sense. You’ll achieve more when you join Hang Seng Bank Limited. Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages. Issued by Hang Seng Bank Limite Visit Hang Seng Career Page and sign up with our Talent Community to receive the latest information about our career opportunities in Hang Seng Hong Kong. #J-18808-Ljbffr


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