Senior Manager / Associate Director, Product Pricing

Job Description:

As a key member of the product development & pricing team to lead the product pricing independently, whose primary accountabilities include formulating profitable and feasible product ideas by understanding and analyzing the business financials, market benchmark and other relevant factors, actively participating in product development process and providing advice to various functions on product architecture and implementation. Responsible to coach and develop junior colleagues in the team, review their work to ensure accuracy and quality.

Job Responsibilities

• Support AVP, Product Pricing and lead pricing on new products to meet company’s profitability requirement, including planning and management of pricing deliverables, analysis of pricing results, supporting the product implementation, coaching and reviewing work from junior colleagues.
• Coordinate with various function such as Actuarial, Product, Marketing and IT on product architecture and implementation, assumptions justification, risk assessment, etc throughout the product development and pricing process
• Conduct reinsurance negotiation
• Review marketing material to ensure product related information are accurate and appropriate, review user requirement prepared by juniors and coordinate UAT for system development
• Prepare and review regular business reports and business analysis
• Manage financial analysis on special quotation and lead some process improvement projects

Job Requirements

• Degree holder in Actuarial Science or related discipline.
• Qualified Actuary
• At least 8 years’ experience in actuarial operation in life insurance company; more experience will be considered as Associate Director
• Proficiency in Microsoft Office, especially Excel and experience in AXIS is an advantage.
• Able to work independently with minimum supervision
• Excellent interpersonal and communication skills to work across multiple parties.
• Strong numeric sense and attention to details.
• Good knowledge in Actuarial principles, Par Fund Management, IFRS17 and HKRBC
• Proficient command of spoken and written 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).