Assistant Actuarial Manager/ Actuarial Manager

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

This role will support the management of the participating business, including manage the bonus and other discretionary benefits recommendation, regular asset share reporting, determination of policyholder illustration / other regulatory disclosures, as well as other initiatives and ad-hoc projects. It will also provide support on product oversight from actuarial and risk perspectives, engaging in the product development process and assisting the review of product-related materials.

Responsibilities

• Provide oversight and support on the product development process, helping to ensure compliance with sound actuarial practices and relevant regulations, and proper development of policyholders’ reasonable expectations (PRE).

• Review of product-related materials to ensure its accuracy and that communications are as intended and congruent to PRE.

• Support review and recommendation of discretionary benefits, including dividends, bonuses and non-guaranteed rates.

• Manage regular production processes including asset share reporting, regulatory disclosures and maintenance and development of actuarial models.

• Other support on need basis: Provide actuarial support to Team Lead based on evolving regulations and other business need.

Requirements

• University Graduate in Actuarial Science or related disciplines

• Qualified actuary - FSA, FCIA, FIA, FIAA or equivalent, or good progression in actuarial exams

• 4-6 years of full-time experience in life insurance industry, more experience may be considered for Manager position

• Proficient in Microsoft Excel

• Experience in AXIS, Prophet ALS or other actuarial software is not required but a plus

• Experience in HK-specific Par management and Product/ Pricing is an advantage

• Attention to details

• Strong analytical and problem-solving skills

• Demonstrate initiative, commitment and responsibility as a team member

• Ability to manage multiple priorities and deadlines and lead junior staff

• Excellent verbal and written communication skills on both English and Chinese

We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate.

We are an equal opportunity employer and welcome applications from all qualified candidates. Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category:

Actuarial

Posting End Date:

30/10/2024