Actuarial Analyst

1 day ago


Hong Kong, Central and Western District, Hong Kong SAR China SCOR Full time

The Financial Solutions product line is a key component of SCOR L&H's business strategy. As a Financial Solutions Actuarial Analyst, you will play a crucial role in growing this line profitably by marketing to and winning deals from clients in the Asia Pacific region. Your responsibilities will include performing product modeling and pricing, quarterly SOA validation, and supporting the structuring and modeling of financially motivated solutions to address clients' needs.

Key Responsibilities

  • Develop and maintain actuarial models to support product pricing and cash flow modeling
  • Collaborate with marketing actuaries to source business from clients and work closely with pricing actuaries on actuarial assumptions
  • Contribute to the growing knowledge base and possess a solid understanding of various financially motivated solutions sets, accounting standards, solvency regimes, and relevant regulations in active countries in the region
  • Maintain interaction with other departments across SCOR Global Life Asia-Pacific to contribute to multi-function projects

Requirements

  • Fresh graduate of Actuarial, Risk Management, and Mathematics or related programs
  • Knowledge or experience in product pricing and cash flow modeling is highly preferred
  • At least 1 year of working experience in the insurance/reinsurance industry will be an asset
  • Good understanding of accounting standards (e.g. IFRS 4), solvency regimes (e.g. Solvency II, RBC, etc.), financial reporting, valuation, MCEV, and ALM will be an asset
  • Awareness of detailed implications of emerging insurance capital and accounting standards for the life insurance industry is preferred
  • Exposure to structured reinsurance concepts is highly preferred
  • Innovative and creative
  • Proficient in Microsoft suite office and programming
  • Comfortable with dynamic and fast-paced work environment
  • Excellent communication and interpersonal skills
  • Fast learner, highly numerate, and analytical
  • Self-motivated and reliable individual
  • Team player
  • Customer-centric - able to communicate effectively in client meetings to technical specialists and generalists at all levels

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