Actuarial Manager, Healthcare Pricing Specialist

2 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Prudential plc Full time

At Prudential, we're committed to being a partner for every life and protector for every future. Our goal is to create a culture that celebrates diversity and inclusion, for our people, customers, and partners. We provide a platform for our people to excel and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Summary:

We're seeking an Actuarial Manager, Healthcare Pricing Specialist to assist the immediate manager in carrying out operational and development tasks in product development, ongoing product management, reinsurance, and other ad-hoc projects and analysis. The successful candidate will support business development initiatives for the company to deliver its health business aspiration.

Key Responsibilities:
  • Develop and conduct robust actuarial analysis on the formulation of new business and product pricing under various financial reporting measures, including IFRS, EEV, and Solvency II basis, for product feasibility study and approval.
  • Prepare indicative pricing and assessment for the management team for decision making, bringing insight to recommendations and implications.
  • Review marketing materials and provisions to ensure appropriate message in relation to policyholder reasonable expectation are properly in place and comply with regulatory guidelines.
  • Coordinate with local management team, regional office, and distribution channels and other internal departments to support their project initiatives through performing risk/financial analysis.
Requirements:
  • University graduate majoring in Actuarial Science or related curriculum.
  • Fellow of the Societies of Actuaries or equivalent.
  • 4-6 years relevant actuarial working experience.
  • Experience in pricing or developing health protection proposition is an advantage.
  • Strong communication skill and command of both spoken and written English and Chinese.
  • Solid actuarial knowledge and financial modeling skills.


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