Actuarial Analyst - Pricing - Hang Seng Bank (HK)

Insurance

Hang Seng Bank was one of Hong Kong's bancassurance pioneers with insurance business footprint started since 1965. Over the years, Hang Seng Bank has been committed to serve its customers by providing full spectrum of insurance products including Life Insurance manufacturing, distribution of General Insurance and Medical products, and MPF business.

Insurance is a fast-growing business and is one of the key drivers of Hang Seng Bank. As a well-established insurance entity, we take care of every need of our customers with an optimized service excellence through the Bank’s retail and commercial network, with a dedicated team of professionals in place.

We are currently seeking a high caliber professional to join our team as Actuarial Analyst - Pricing, reporting to Senior Manager and Actuary, Products.

Principal responsibilities:

• Assisting in product pricing including feasibility study on product development, modelling and assumption setting, preparing pricing documents and approval papers.  
• Preparing rate tables, calculator specification and calculation tools for system development
• Analyzing reinsurance quotations and reviewing reinsurance treaty
• Reviewing marketing materials (e.g. product brochure, policy provision, sales illustration & etc.)
• Preparing management information reports and analysis (e.g. Annual profitability review, in-depth product review or analysis & etc.)

Requirements:

• University graduate in Actuarial Studies or related discipline 
• Student of any recognized actuarial organizations with good exam progress is also preferred
• Excellent presentation, communication, as well as proficient analytical skills
• Ability to deal with multiple projects and competing priorities
• Ability to work independently and meet tight deadlines without compromising quality
• Proficiency in Microsoft Office, and knowledge of Prophet is preferable
• Professional qualifications such as Enhanced Competency Framework (ECF) and/or Certified Banker (CB) under Hong Kong Institute of Bankers (HKIB) would be an advantage.