Pricing Strategist Lead, Actuarial Expert

1 week ago


Hong Kong, Central and Western District, Hong Kong SAR China AIA International Limited. Full time
About the Role

To lead a team of actuaries in delivering pricing projects for various product lines, in-force repricing, system implementation, and process transformation. The successful candidate will manage project delivery, provide technical guidance, oversee system implementation, secure endorsement from relevant functions, and maintain documentation.

Key Responsibilities
  • Project manage overall project with regular updates to the Product Pricing Leadership Team, seeking support as needed.
  • Provide technical guidance to the pricing team on product pricing analysis, financial result optimization, and risk mitigation strategies.
  • Oversee and support the pricing team in system implementation and ensure compliance with internal guidelines and standards.
  • Secure endorsement/support from product approval functions in AIA HK and the Group office by addressing their interests, perspectives, and needs proactively.
Requirements
  • Qualified Actuary with at least 8 years of progressive experience working in direct life insurer, reinsurer, and/or consultancy.
  • Familiarity with fundamental principles and practices on assumption setting, asset/liability cash flow modelling, ALM, investment, capital management, medical business, and valuation.
  • Strong understanding of financial and risk-related issues of different product features and ability to assess and address these issues from a high level.
  • Ability to write reports and communicate verbally on objectives, pricing, financials, and risk management with technical functions effectively.
  • Strong project and team management skills.
  • Proficient command of spoken and written English; Cantonese/Mandarin a plus.

The estimated salary range for this position is between $1,200,000 and $1,500,000 per annum, depending on qualifications and experience.

Benefits

AIA International Limited offers a comprehensive compensation package, including basic salary, performance bonus, annual leave, and opportunities for career growth and professional development.



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