Associate Director, Health Actuary

Technical Skills

Financial Planning
Process Improvement
Product Design
Product Development

Job Description

Location: Hong Kong-Hong Kong Island-Causeway Bay

Job Objective:

This position provides expert actuarial guidance and support for local individual and group health business lines across International Markets. Responsibilities include coverage for product development, pricing and rate reviews, new market entries, establishing actuarial best practice, plus some support for strategy and business development for health related initiatives. Close collaboration with local country actuaries, product teams and senior management is required. The position is based in Hong Kong with periodic travel.

Job Description:

Support country actuarial teams in applying best practices, modelling and processes for the effective design and management of health propositions
Review product design, rate review and profit testing work completed by local country actuarial teams
Support markets in development and execution of financial plans for Health across International Markets
Research and development of new health opportunities and assist in market entry strategies
Review existing processes and/or systems and makes recommendations on process improvement or changes
Keep abreast of internal and external developments in the healthcare market to ensure that Cigna propositions remain relevant
Effectively manage external stakeholders, including actuarial consultants as necessary

Qualifications

Requirement:

Completion of a 4 year undergraduate program, preferably in actuarial science or closely related field
Fully qualified actuary with FSA, FIA, or equivalent designation is a must
Over 8 years of solid experience in Health Insurance Product Pricing within Insurance settings
Significant actuarial expertise and experience with both individual and group health products
Strong English verbal and written communication skills, experience in presenting to management and peers
Commercially focused and able to balance actuarial theory with market realities
Highly developed analytical and problem solving skills
High initiative and ability to work independently and prioritize multiple responsibilities
Exhibit leadership and influencing skills to recommend constructive change and obtain management buy-in
Strong intellectual capacity and curiosity, and a quick learner – ability to understand the business, the people supporting it, and the nuances associated with a niche business
Integrity, honesty, and a demonstrated capacity to take a stand and defend own position
Preferred candidate has experience working in a multinational corporation
Expected to travel up to 20%

** We will accept candidates’ direct applications only. No CVs via agency will be considered. **

Employment Type	Full-time
Career Level	Intermediate (3-6 years)
Education Level	Non-specified
Qualification	Fellow, Institute and Faculty of Actuaries (FIA), Fellow, Society of Actuaries (FSA)
Language	English

Expired

Cigna Worldwide Life Insurance CoInsurance and Reinsurance

Cigna is a global health service leader dedicated to helping the people we serve improve their health, well-being and sense of security. At Cigna, we aim to understand and nurture your individual strengths to help you achieve what matters most in your life. Cigna employees have room to grow and opportunities to get ahead. So bring us your expertise, innovation and commitment to results.

28 Hennessy Road, Wan Chai, Hong Kong

7 mins walk from Wan Chai Station

The Job Post is Expired...