Associate Actuarial Analyst

Come join Swiss Re's innovative Life & Health Hong Kong and Taiwan team where you will help shape the future of insurance solutions for these dynamic markets!

About the Role

As an associate actuarial analyst in Swiss Re's Life & Health Business for Hong Kong & Taiwan, you will undertake pricing work for biometric risk business, mainly focusing on mortality, critical illness, and medical reimbursement portfolio in Hong Kong and Taiwan.

This involves providing timely and technically sound pricing support for existing treaties, product development, and new business tenders.

Key Responsibilities

• Perform experience studies and pricing reviews on existing medical reimbursement treaties
• Work with experience studies team to gain insight into claims and lapse experience
• Support treaties review and perform assumption setting for biometric risk business
• Support the pricing and modelling of new mortality, critical illness and medical reimbursement products for product development discussions and new business tenders
• Maintain documentation of all pricing work, and ensure compliance with costing guidelines and standards
• Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity
• Assist the establishment and review of appropriate pricing bases, methodology and tools
• Maintain up-to-date knowledge of local and global actuarial practices and trends
• Monitor local market intelligence, trends and developments in the biometric risk business

About the Team

As part of L&H Hong Kong & Taiwan Team, the successful candidate will get to be both an individual and team contributor.

The L&H pricing team of Hong Kong & Taiwan currently consists of 6 individuals based in Hong Kong. The team works closely with client managers, underwriting and claims team to support the business development for Hong Kong and Taiwan markets.

About You

• University graduate in Actuarial Science
• Experience on pricing in primary insurers/reinsurers are preferred
• Good analytical skills and work well in a team
• Interpersonal, communication and leadership skills
• Knowledge in visual basic or any actuarial software is a plus
• Fluent in English, Cantonese and Mandarin