Reporting to the Regional Head of Actuarial you will lead the actuarial development and on-going management of new products in the Asia region.
New Position
Leading Asian Life Business
Pioneering New Products
You will provide actuarial services and expertise in all specialist areas of the new product cycle.
Duties:
Recommend the pricing benefits for new unit-linked products being launched in the Asia region. This includes ownership of the stochastic pricing model and recommending and justifying appropriate assumptions
Work with the investment team and regional risk management to analyse and recommend fund range and hedging strategies for new products
Work with local actuarial teams to develop appropriate valuation assumptions and methodologies
Monitor and report on the on-going profitability and effectiveness of hedging arrangements of products throughout the region
Liaise with Group Risk management and Life Hedging Services to ensure that product pricing and hedging comply with relevant group policies.
Train local actuarial staff on the analysis and interpretation of value, profitability and capital measures for benefits on various financial reporting measures and bases.
Experience:
A qualified actuary with at least 6 years total experience in life is preferred.
Strong technical skills
Excellent communications and inter-personal skills to all level of technical and non-technical staff
Good negotiation and organization skills
Previous experience of working in a project environment.
Good English verbal and written skills required.
Interested parties should forward their CV and current and expected salaries to Karen Tovell at karen.tovell@hays.com.hk
