Actuarial, Product Pricing Manager
7 days ago
AIA Hong Kong and Macau is embarking on an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways to not only better people's lives, but to better the communities and environments we live in.
Our team of actuaries plays a vital role in this effort by ensuring our products are well-designed and priced. We need great professionals who want to be part of something bigger than finance alone.
As a Senior Actuary for Product Development, you will support the Senior Manager in product pricing development and maintenance as well as special projects. You will manage a team to provide actuarial support on product and business issues.
Key Responsibilities:
- Product: Prepare new product / campaign pricing to meet the financial requirements of the company. Review the product / campaign features from product risk perspective. Conduct profitability analysis of existing products.
- About the Role: Support the Senior Manager in product pricing development and maintenance as well as special projects. Manage the team to provide actuarial support on product and business issues.
- Roles and Responsibilities:
- Prepare new product / campaign pricing to meet the financial requirements of the company. Review the product / campaign features from product risk perspective. Conduct profitability analysis of existing products.
- Review and propose amendments to product design and actuarial basis to be applied in new product pricing and profitability analysis.
- Responsible for the actuarial related areas in the product / campaign implementation cycle to ensure accuracy and timeliness of system delivery.
- Other responsibilities:
- Represent pricing team and provide required actuarial support to special projects including the implementation of new regulatory regimes.
- Support Senior Manager in co-ordination of task assignment and resources for the team.
- Develop and train up junior colleagues to gain product knowledge and product pricing techniques. Regularly review and discuss the progress of subordinates and identify improvement/development areas.
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