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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