Regional Pricing Actuary

1 week ago


Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time
Job Title: Regional Pricing Actuary

This role is part of the core actuarial team in the Asian region and plays a crucial role in shaping the actuarial strategy for the region.

Key Responsibilities:
  • Act as the reviewer/approver from pricing/risk perspectives for reinsurance quotations and pricing basis in the Region, providing guidance/feedback to the local pricing team when needed.
  • Initiate and perform research on the latest industry trends/developments to support the development of pricing basis.
  • Lead experience study experts in the Regional office and provide technical support across RGA Asia as required.
  • Identify opportunities and provide business support on initiatives that optimize management of local and regional offices from pricing, capital, or in-force management perspectives.
  • Act as Local Chief Pricing Actuary for across RGA Asia as required.
  • Provide support on in-force management projects or transactions as required.
  • Participate in internal (e.g., with Corporate Pricing) and external actuarial community meetings to represent RGA Asia.
  • Act proactively to identify emerging areas of risk and propose appropriate controls and actions.
  • Provide training or instruction that familiarizes new Chief Pricing Actuaries with Corporate and Divisional pricing standards and practices.
  • Support the development and roll-out of Pricing Best Practices across Asia.
Requirements:
  • Accreditation as a fellow or associate in a globally recognized actuarial association (e.g., SOA, CAS, FSA, or equivalent).
  • 10+ years of full-time work experience (or equivalent) in life insurance or reinsurance.
  • Proficient with AXIS.
Skills and Competencies:
  • Persuasion and negotiation skills when working with internal/external customers to resolve issues and problems.
  • Organized, delivery-oriented with the ability to proactively manage stakeholder expectations.
  • Ability to adapt to and implement new methods, proactively work towards agreed-upon deadlines.
  • Ability to have flexible working hours given multiple time zones of peers and key stakeholders.
  • Self-starter and ability to work with minimal supervision.
  • Ability to travel internationally when required.
  • Asian language skills desirable.
  • Knowledge of Asian life insurance markets and product lines.
  • Solid understanding of various Individual life insurance products.
  • Strong client service focus.
  • Excellent communication skills – both written and verbal.
  • Effective presentation skills.
  • Advanced MS Office suite - Excel, Word, PowerPoint, Access.
  • Innovative, proactive, and improvement-oriented.


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