Senior Pricing Specialist

7 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Hannover Re Full time
Job Responsibilities
  • Perform life and health reinsurance pricing for Hong Kong, Macau, Taiwan, the Philippines, and Indonesia market quotations under the company's guidelines.
  • Engage in product development discussions with internal and external stakeholders for risk assessments.
  • Review pricing work performed by junior Pricing team members and support timely deliveries of individual and group quotations to cedants.
  • Perform experience studies & profitability analyses on in-force treaties and support repricing for renewal negotiations led by the Marketing team.
  • 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.
  • 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.

Requirements
  • 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.

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