eFinancialCareers

• Company

  Hays Insurance

• Location

  China-Hong Kong

• Compensation

  Competitive

• Position Type

  Employee

• Employment type

  Full time

• Updated

  24 Dec 2008

• eFC Ref no

  480090

• 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