Pricing and Product Development Lead
2 weeks ago
Hannover Re is a leading reinsurance group with over 3,500 employees worldwide. Our strength lies in our ability to connect power through collaboration and innovation.
As a Senior Manager, Pricing, you will join the Hong Kong Branch on a permanent, full-time basis and be responsible for performing life and health reinsurance pricing for various markets under the company's guidelines.
Pricing and Product Development- Perform market quotations, engage in product development discussions, and review pricing work performed by junior team members.
- Support timely deliveries of individual and group quotations to cedants and ensure guideline compliance.
- Conduct experience studies and profitability analyses on in-force treaties and support repricing for renewal negotiations led by the Marketing team.
- Work closely with local teams, including Marketing, Underwriting, and Claims Services, and occasionally with other regional offices and departments concerning product developments, repricing, treaty terms reviews, and pricing bases setup.
- Review treaty documents to ensure consistencies between pricing intentions and quotation offers and reconcile treaty inputs in the company's internal system.
- Train junior Pricing team members for their professional development.
The ideal candidate will have a Bachelor's degree in Actuarial Science, Statistics or equivalent, a minimum of 7 years of working experience in technical pricing from the Insurance or Reinsurance industry, and be a Qualified Actuary with excellent communication skills.
We offer a dynamic international working environment, structured onboarding, flexible working hours, benefits superior to those of the collective agreement, modern offers for personal development, health management, and work-life balance.
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