Regional Pricing Actuary

3 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Reinsurance Group of America Full time

Job Summary

We are seeking a highly skilled Actuarial Pricing Specialist to join our team in the Asian region. As a key member of the core actuarial team, you will play a crucial role in shaping the actuarial strategy for the region.

As a Regional Pricing Actuary, you will work closely with the Regional Head of Pricing to develop and implement pricing strategies for traditional reinsurance business segments. Your expertise will be essential in reviewing and approving reinsurance quotations and pricing basis, providing guidance and feedback to the local pricing team as needed.

Key Responsibilities

  • Lead research initiatives to stay up-to-date on industry trends and developments, informing the development of pricing basis.
  • Collaborate with experience study experts in the Regional office and provide technical support across RGA Asia as required.
  • Identify opportunities to optimize management of local and regional offices from pricing, capital, or in-force management perspectives.
  • Act as Local Chief Pricing Actuary for RGA Asia as required, providing leadership and guidance to the team.
  • Support in-force management projects or transactions as required.
  • Represent RGA Asia in internal and external actuarial community meetings.
  • Proactively identify emerging areas of risk and propose appropriate controls and actions.
  • Develop and roll-out Pricing Best Practices across Asia.

Requirements

Qualifications & Experience:

  • Accreditation as a fellow or associate in a globally recognized actuarial association.
  • 10+ years of full-time work experience in life insurance or reinsurance.
  • Proficient with AXIS.

Skills & Competencies:

  • Persuasion and negotiation skills when working with internal/external customers.
  • Organized, delivery-orientated with the ability to proactively manage stakeholder expectations.
  • Ability to adapt to and implement new methods, proactively work towards agreed deadlines.
  • Ability to have flexible working hours given multiple time zones of peers and key stakeholders.
  • Self-starter and ability to work with minimal supervision.
  • Ability to travel internationally when required.
  • Asian language skills desirable.
  • Knowledge of Asian life insurance markets and product lines.
  • Solid understanding of various Individual life insurance products.
  • Strong client service focus.
  • Excellent communication skills – both written and verbal.
  • Effective presentation skills.
  • Advanced MS Office suite - Excel, Word, PowerPoint, Access.
  • Innovative, proactive and improvement oriented.


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