Product Solutions Manager
AXA HONG KONGHong kongUpdate time: May 20,2020
Job Description

Responsibilities:

  • Provide pricing and design recommendations that are relevant to the business and external stakeholders
  • Lead the team to prepare actuarial reports on product developments and channel compensation for review by Head of Actuarial Product Pricing / Product Actuary, Chief Actuary, Chief Risk Officer and the relevant business teams;
  • Manage re-insurance arrangement, experience studies and setting key assumptions for financial projections.
  • Represent the Product Actuary in product and channel project teams and meetings; agreeing decisions and actions within limits delegated by the Head of Actuarial Product Pricing / Product Actuary
  • Recommend pricing assumptions and methodologies to the Head of Actuarial Product Pricing / Product Actuary and Chief Actuary
  • Ensure that product reports comply with risk management policies
  • Develop technical basis and underlying assumptions on life risk, e.g. Critical Illness risks covering HK and other AXA Asian entities perimeter
  • Review assumptions documents, methodology guidelines and specifications
  • Plan and manage workflow for assigned tasks and coordinates the plans with the business team
  • Manage and implement changes to experience investigations and reinsurance arrangements to ensure timely implementation and in line with specification by the Head of Actuarial Product Pricing / Product Actuary
  • Ensure that documentation and audit trail are maintained up-to-date for all processes

Requirements:

  • Qualified or nearly qualified Actuary
  • 8 or more years' experience in the life insurance industry of which 3 years at supervisory level
  • Strong organizational, problem solving and communication skills
  • Able to work independently as well as a good team player
  • Good command of business English, both in written and spoken form
  • Candidate with less experience will be considered as Actuarial Manager

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