Senior Actuary Manager

  • 600,000-800,000
  • Shanghai, Shanghai Shi, China
  • Permanent, Full time
  • Morgan McKinley Shanghai
  • 28 Nov 17 2017-11-28

A leading GI insurance company is looking for SR Actuary manager to support their valuation, reserving and pricing for its actuary department.

Responsibilities:

As the actuary expert, it will be involved in monthly, quarterly and annual reserving, reserving-related reports to CIRC.
To review the reasonableness of premium rate table, for the purpose of filing insurance products to CIRC.
To maintain the parameters of China local RBC/RBRM metrics analyze the quarterly RBRM results and provide business advices to management.
To do financial forecast and plan of loss ratios. Analyze the trend or movements in loss ratios, and provide explanations to management accordingly.
Liability cash flows analysis for the Group ALM management on quarterly basis.
Provide technical analysis to support business decision such as price of reinsurance contract, claim trend and patterns etc.
Support CFO in monitoring and projecting ChinaSolvency ratio under CROSS and propose solutions to maintain healthy solvency ratio.
Responsible for preparing quarterly/annual CROSS solvency report and leading the pre close, hard close reserve committee meeting and VC meeting.

Requirements:

Education background in Statistics, Maths, Finance, or others with technical skills
Experience 6-10 years of actuarial-related working with experience in insurance, consulting, audit industry. Qualified actuary is must.
Good English, both verbal and written
Good Compute skills in Word and Excel, basic programming skills such as VBA, SAS, etc.