DESCRIPTION
- Contribute and supervise the team from a technical aspect on product rating analyses by line of business/product and pricing reviews, being able to summarise methods used and observations made in reports describing observed trends in claims experience, and projections in financial results
- Understand and follow the structured process/standards in production of GLM including data verification, model verification, impact analyses, peer review, communication with Business and Regional team
- Provide financial projection of business opportunities to assist in key decision-making
- Maintain engagement with Group pricing expert in ensuring we align our pricing approach with group recommended best practices
- Work with Data Science team to explore new ways in utilising internal and external data in pricing
- Handle enquiries from external parties such as business partners and regulator, as well as other departments such as project management, IT & systems, product development, business development, operations, claims, finance, risk management and actuarial reserving, regarding rating algorithm and enquiries on technical results
- Assist in the production, verification, and distribution of reports
- Coach actuarial analysts in the team specifically 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
- At least part qualified from Internationally recognised Actuarial Institutions such as UK, US, and Australia
- At least 6+ years in an actuarial position in General Insurance. Candidates with less experience will be considered as Senior Actuarial Analyst.
- Proactive in reaching out to different business units and various levels of staff
- 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, SAS and MS Access
