Actuarial Pricing Expert

2 weeks ago


Hong Kong Island, Hong Kong SAR China Hannover Re Full time

We are seeking a highly skilled Actuarial Pricing Expert to join our team in Hong Kong. The ideal candidate will have a strong background in actuarial science and statistics, as well as significant experience in technical pricing from the insurance or reinsurance industry.

The Actuarial Pricing Expert will be responsible for performing life and health reinsurance pricing for key markets under the company's guidelines. This includes engaging in product development discussions with internal and external stakeholders, reviewing pricing work performed by junior team members, and supporting timely deliveries of individual and group quotations to cedants.

Pricing and Product Development
  • Engage in product development discussions with internal and external stakeholders.
  • Review pricing work performed by junior team members and support timely deliveries of individual and group quotations to cedants.
In-force Management
  • Perform experience studies & profitability analyses on in-force treaties and support repricing for renewal negotiations led by the Marketing team.
Communication
  • Work closely with local Marketing, Underwriting & Claims Services team, and occasionally with Hannover Office, other regional offices and departments concerning product developments, repricing, treaty terms reviews, pricing bases set up and guideline compliance.
Treaty Documentation
  • 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 developments.
You come equipped with
  • 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
  • Qualified Actuary with excellent communication skills as the role would require liaising with internal and external stakeholders
  • In-depth knowledge in Life and Health products in the APAC region
What We Offer

Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.
Benefits: Structured onboarding, flexible working hours, benefits superior to those of the collective agreement as well as modern offers for personal development, health management and work-life balance are just some of our benefits.
Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them



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