Job ref no.: CT3128818-01#2723

Pricing Actuary

Swiss Re

 

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


 

About the Role

1. New Business Quotes and Tenders
  • Lead and support the pricing and modelling of new business; this includes the review on quotes
  • Identify and understand clients' needs and concerns
  • Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity

 

2. Costing Methodology and Guidelines
  • Review pricing guidelines and ensure their correct application
  • Able to challenge status-quo and look to simplify and improve existing practices
  • Keep up to date with market, regulatory and competitive trends
  • Work with Experience Studies team to gain insight into claims and lapse experience
  • Ensure pricing guidelines are kept up-to-date via research and experience studies

 

3. Strategy, Product Development and Brand Presence
  • Contribute to technical, research and project management input for product development initiatives
  • Provide strategic inputs in the running of the Swiss Re business in HK/TW including implications of regulations, market and industry developments

About the Team


 

The role will be part of the L&H Hong Kong and Taiwan (HK/TW) pricing team taking responsibility for product development and pricing of new Life & Health business to help the market achieve its ambitious growth plans. We aim to do this through better client experience; cutting-edge, better-informed pricing; and supporting development of innovative products for HK/TW clients.

We are a team of 4 members based in Hong Kong, with support from the Bangalore pricing hub. The role is a non-supervisory role with the individual supporting development of new products and the pricing of the business written in HK/TW in accordance to our technical guidelines.

About You

  • Qualified actuary (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent
  • 3-5 years insurance or reinsurance working experience (including consulting); pricing experience, particularly HK market is strongly desirable
  • Commercial and technical skills in Life & Health product design and pricing
  • Demonstrate maturity and flexibility at managing both internal and external stakeholders
  • Experience at using and developing pricing tools, is a plus
  • Excellent verbal and written communication skills in English and Cantonese.

 

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More job information
Job ref no. CT3128818-01#2723
Salary
Job Function
Industry
Employment Term
  • Full-time
Experience
  • 3 years - 5 years
Career Level
  • Middle management level
Education
  • Degree