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Actuarial Manager, GI Pricing Specialist

2 months ago

Hong Kong, Central and Western District, Hong Kong SAR China AXA Group Full time
About the Role

We are seeking an experienced Actuarial Manager to join our General Insurance team at AXA Group. As a key member of our pricing team, you will be responsible for contributing to and supervising the team's technical aspects on product rating analyses, pricing reviews, and financial projections.

Key Responsibilities
  • Contribute to and supervise the team's technical aspects on product rating analyses, pricing reviews, and financial projections.
  • Understand and follow the structured process/standards in production of Generalized Linear Models (GLM) including data verification, model verification, impact analyses, peer review, and financial projections.
  • Provide financial projections of business opportunities to assist in key decision-making.
  • Communicate pricing recommendations with senior management, business teams, finance, risk management, and actuarial teams to obtain approvals.
  • Maintain engagement with Group pricing experts to ensure alignment with recommended best practices.
  • Work with Data Science teams to explore new ways of utilizing internal and external data in pricing.
  • Handle enquiries from external parties, including business partners and regulators, as well as other departments regarding rating algorithms and technical results.
  • Support monitoring of loss ratio performance in key lines of business.
  • Coach actuarial analysts in the team on pricing methods and peer reviews.
  • Maintain updated knowledge of actuarial practices.
Requirements
  • University degree with a major in Actuarial Science or Statistics or Mathematics.
  • Partly or fully qualified from internationally recognized Actuarial Institutions such as UK, US, and Australia.
  • At least 6 years of experience in an actuarial position in General Insurance.
  • Experience in coaching actuarial staff.
  • Proactive communication with different business units.
  • Able to work independently and possess good problem-solving skills.
  • Good command of spoken and written English and Cantonese.
  • Excellent computer skills in MS Word, MS Excel, Python, or R, or other programming languages.
About AXA Group

AXA Group is a leading global insurer with a presence in 54 markets and serving 105 million customers worldwide. As one of the most diversified insurers offering integrated solutions across Life, Health, and General Insurance, our goal is to be the insurance and holistic wellness partner to the individuals, businesses, and community we serve.

We are committed to promoting Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential.

What We Offer

We offer excellent career prospects and attractive remuneration packages to the right candidates.