Actuarial Manager
4 weeks ago
About the Role:
This is an exciting opportunity to join our team as an Assistant Actuarial Manager/Actuarial Manager. As a key member of our actuarial team, you will play a critical role in supporting the management of our participating business. Your responsibilities will include managing bonus and discretionary benefits recommendations, regular asset share reporting, and policyholder illustration and regulatory disclosures. You will also provide support on product oversight from an actuarial and risk perspective, engaging in the product development process and assisting in the review of product-related materials.
Key Responsibilities:
• Provide oversight and support on the product development process, ensuring compliance with sound actuarial practices and relevant regulations.
• Review product-related materials to ensure accuracy and that communications are as intended and congruent to policyholders' reasonable expectations.
• Support the review and recommendation of discretionary benefits, including dividends, bonuses, and non-guaranteed rates.
• Manage regular production processes, including asset share reporting, regulatory disclosures, and maintenance and development of actuarial models.
• Provide actuarial support to the team lead based on evolving regulations and business needs.
Requirements:
• University graduate in actuarial science or related disciplines.
• Qualified actuary - FSA, FCIA, FIA, FIAA, or equivalent, or good progression in actuarial exams.
• 4-6 years of full-time experience in the life insurance industry, with more experience considered for the Manager position.
• Proficient in Microsoft Excel.
• Experience in AXIS, Prophet ALS, or other actuarial software is a plus.
• Experience in HK-specific Par management and product/pricing is an advantage.
• Attention to detail.
• Strong analytical and problem-solving skills.
• Demonstrate initiative, commitment, and responsibility as a team member.
• Ability to manage multiple priorities and deadlines and lead junior staff.
• Excellent verbal and written communication skills in both English and Chinese.
What We Offer:
We offer a 5-day workweek, attractive salary, MPF, group life, and group medical insurance, as well as excellent career development opportunities to the right candidate. We are an equal opportunity employer and welcome applications from all qualified candidates.
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