Manager, Product Pricing

Sun Life Financial

Hong Kong

On-site

HKD 1,200,000 - 2,400,000

Full time

3 days ago
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Benefits offered by this job

MPF
Group life insurance
Group medical insurance
5-day work week
Career development opportunities

Job summary

Sun Life Financial in Hong Kong is seeking a senior pricing actuary to lead pricing on new life insurance products. You will collaborate with Actuarial, Product, Marketing and IT to justify assumptions, coordinate product architecture and manage pricing deliverables.

The role requires strong analytical skills, English and Chinese proficiency, and the ability to work independently under pressure. The successful candidate will drive profitability through pricing decisions, conduct reinsurance

Qualifications

  • University graduate in Actuarial Science or related discipline.
  • Qualified actuary - FSA, FCIA, FIA, FIAA or equivalent.
  • Minimum 5 years of experience in life insurance, preferably in product pricing.
  • Proficiency in Microsoft Office, especially Excel and experience in AXIS is an advantage.
  • Proficient command of spoken and written English and Chinese.
  • Excellent communication, interpersonal and analytical skills.

Responsibilities

  • Support Director, Product Pricing and lead pricing on new products to meet profitability requirements.
  • Coordinate with Actuarial, Product, Marketing and IT on product architecture and implementation.
  • Conduct reinsurance negotiation.
  • Review marketing material and coordinate UAT for system development.
  • Prepare and review regular business reports and business analysis.
  • Manage financial analysis on special quotations and review illustrations.

Skills

Pricing
Actuarial
Communication
Analytical
Team leadership
Independent work
Time management

Education

Actuarial Science degree
Qualified actuary (FSA/FCIA/FIA/FIAA or equivalent)

Tools

Excel
AXIS

Job description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful. When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description
Responsibilities
  • Support Director, Product Pricing and lead pricing on new products to meet company’s profitability requirement, including planning and management of pricing deliverables, analysis of pricing results, coaching and reviewing the work of junior colleagues.
  • Coordinate with various functions such as Actuarial, Product, Marketing and IT on product architecture and implementation, assumptions justification, risk assessment, etc, throughout the product development and pricing process.
  • Conduct reinsurance negotiation
  • Review marketing material to ensure product related information are accurate, review user requirement prepared by juniors and coordinate UAT for system development
  • Prepare and review regular business reports and business analysis
  • Manage financial analysis on special quotation and review illustrations
Requirements
  • University graduate in Actuarial Science or related discipline
  • Qualified actuary - FSA, FCIA, FIA, FIAA or equivalent.
  • Minimum 5 years of experience in the life insurance, preferably in product pricing.
  • Proficiency in Microsoft Office, especially Excel and experience in AXIS is an advantage.
  • Proficient command of spoken and written English and Chinese
  • Excellent communication, interpersonal and analytical skills
  • Can work independently with minimum supervision
  • Good at problem solving under pressure and excellent time management

We offer 5-day work, attractive salary, MPF, group life and group medical insurance; and excellent career development opportunities to the right candidate.

We are an equal opportunity employer and welcome applications from all qualified candidates.

Application forms and resume will be kept for a period of 24 months after completion of the recruitment process. (All information will be held in strict confidence and only be used for recruitment purpose).

Job Category: Actuarial Posting End Date: 30/10/2026 Shine together At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed. Make life brighter We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world. Shape the future With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.

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