Regional Actuary

3 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

Position Overview

We are seeking an experienced Actuary to join our team in the Asian region as a Regional Pricing Actuary. The successful candidate will be responsible for helping to set the actuarial strategy for the region and working closely with the Regional Head of Pricing on traditional pricing related activities.

Responsibilities

  1. Review and approve reinsurance quotations and pricing basis from a pricing and risk perspective, providing guidance and feedback to the local pricing team as needed.
  2. Initiate and perform research on industry trends and developments to support the development of pricing basis.
  3. Lead experience study experts in the Regional office and provide technical support across RGA Asia as required.
  4. Identify opportunities to optimize management of local and regional offices from pricing, capital, or in-force management perspectives.
  5. Act as Local Chief Pricing Actuary for RGA Asia as required.
  6. Provide support on inforce management projects or transactions as needed.
  7. Participate in internal and external actuarial community meetings to represent RGA Asia.
  8. Act proactively to identify emerging areas of risk and propose appropriate controls and actions.
  9. Provide training or instruction to familiarize new Chief Pricing Actuaries with Corporate and Divisional pricing standards and practices.
  10. Support the development and roll-out of Pricing Best Practices across Asia.

    Requirements

    Qualifications & Experience:

    1. Accreditation as a fellow or associate in a globally recognized actuarial association.
    2. 10+ years of full-time work experience in life insurance or reinsurance.
    3. Proficient with AXIS.

    Skills & Competencies:

    1. Persuasion and negotiation skills when working with internal or external customers.
    2. Organized, delivery-orientated with the ability to manage stakeholder expectations.
    3. Ability to adapt to and implement new methods, work towards agreed deadlines.
    4. Flexible working hours given multiple time zones of peers and key stakeholders.
    5. Self-starter with the ability to work with minimal supervision.
    6. Ability to travel internationally when required.
    7. Asian language skills desirable.
    8. Knowledge of Asian life insurance markets and product lines.
    9. Solid understanding of various Individual life insurance products.
    10. Strong client service focus.
    11. Excellent communication skills.
    12. Effective presentation skills.
    13. Advanced MS Office suite.


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