Actuarial Analyst/ Senior Actuarial Analyst, Pricing, Product Dev. & Mgmt

FWD Group Management Holdings Limited; Hong Kong; On-site; HKD 480,000 - 720,000; Full time

Job summary

FWD Group in Hong Kong is seeking an actuarial professional to participate in product pricing and development, conduct market research, feasibility studies, profit testing, and user acceptance testing.

You will prepare actuarial analyses and documentation for product approval and governance, support portfolio management and reinsurance reviews, and collaborate with Product, Actuarial, Distribution, Finance, Risk and Operations.

Qualifications

• 2-3 years of insurance actuarial experience
• Progress in professional actuarial examinations (SOA, IFoA, Actuaries Institute, or equivalent)
• Experience with product pricing is an advantage
• Strong teamwork across functions
• Excellent communication and analytical abilities

Responsibilities

• Participate in product pricing and development activities (market research, feasibility study, profit testing, UAT)
• Prepare actuarial analyses and documentation for product approval and governance
• Support portfolio management and reinsurance reviews for product/business development
• Collaborate with cross-functional teams (Product, Actuarial, Distribution, Finance, Risk, Operations) throughout development
• Provide actuarial and pricing support to distribution channels (compensation reviews, campaign assessments, quotations)
• Support company-wide initiatives or ad-hoc projects

Skills

Team collaboration

Analytical skills

Problem-solving

Technical skills

Communication skills

Education

Progress in actuarial examinations

Job description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information, please visit www.fwd.com.

For more information about FWD Hong Kong, please visit www.fwd.com.hk/.

The Job

• Participate in product pricing and development activities, including market research, feasibility study, profit testing, user acceptable testing (UAT)
• Prepare actuarial analyses, and documentation for product approval and governance processes
• Support portfolio management activities and reinsurance reviews to facilitate product and business development
• Collaborate with cross-functional teams, including Product, Actuarial, Distribution, Finance, Risk, and Operations, throughout the product development lifecycle
• Provide actuarial and pricing support to distribution channels, including compensation reviews, campaign assessments, and special quotations
• Provide support on company-wide initiatives or ad-hoc projects

The Person

• At least 2-3 years of insurance experience in actuarial functions
• Good progress in professional actuarial examinations (SOA, IFoA, Actuaries Institute, or equivalent)
• Experience with product pricing is an advantage
• Strong team player with ability to collaborate across functions
• Strong analytical, problem-solving, and technical skills
• Effective communication and interpersonal skills

Benefits and Opportunities

• 5-day work
• 20-22 days annual leaves
• Excellent learning & development opportunities
• An attractive package to the right candidate

Information collected will be treated in strict confidence and used solely for recruitment purpose.

The company will retain all applications no longer than 24 months of which will be destroyed thereafter.

When there are vacancies in any of our subsidiaries, holding companies, associated or affiliated companies of, or companies controlled by, or under common control with the Company during that period, we may transfer your application to them for consideration of employment.

We are an equal opportunity employer. We do not discriminate on the basis of race, gender, disability or family status in employment process.

About FWD Group (Repeated)

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information, please visit www.fwd.com.

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