Vertical Square 28 Heung Yip Road, Wong Chuk Hang, HONG KONG, HKACTUARIAL AND PRICING12637 HK Grade 2 Lok Yan LUI16/12/2025 Job Description Responsibilities: Reinsurance Pricing & Quotation Support Review requests for proposal and assess business opportunities.
Collaborate with Underwriting and Business Development to provide expert recommendations on product features, underwriting rules, and reinsurance structures tailored to client requirements.
Formulate pricing assumptions leveraging internal experience, market research, and advanced data analytics.
Ensure financial projections align with AXA's minimum profitability and risk standards.
Prepare and document product specifications, pricing assumptions, and actuarial models, and obtain necessary internal approvals.
Assist in drafting treaty documentation and coordinating approvals with Legal and Compliance teams.
Experience Study & Related Contributions Contribute to experience studies, optimize coding processes, and engage in research initiatives to improve pricing precision.
Provide second opinions and insights on CI product launched by other AXA entities.
Contribute to ad-hoc projects aimed at improving pricing efficiency and market competitiveness.
Pricing Model Development Design and maintain pricing bases and actuarial models for Critical Illness and other protection products across multiple markets supported by AXA RI Hub.
Incorporate market-specific assumptions and regulatory requirements into pricing frameworks.
Client & Product Development Support Work closely with Business Development teams to deliver tailored solutions for clients.
Support product development initiatives for AXA entities and external insurers, ensuring competitive and sustainable pricing strategies.
Qualifications: Bachelor's degree in Actuarial Science, Statistics or a related field.
Progress toward actuarial certification with the Society of Actuaries or equivalent.
Prior experience in life (re)insurance (i.e.
pricing or valuation) is highly desirable.
Proficiency in Python, R, and Microsoft Office suite.
Knowledge of Medical and Critical Illness insurance products is an advantage.
Strong organizational skills with a proven ability to manage multiple projects and deliver results under tight deadlines.
Innovative, self-motivated, and results-oriented with a focus on practical solutions.
Excellent communication and interpersonal skills, capable of collaborating effectively across diverse teams.
Fluent in written and spoken English and Chinese; proficiency in Mandarin and English speaking is a plus.
About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide.
Our purpose is to act for human progress by protecting what matters.
As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance.
We are the largest General Insurance provider and a major Health and Employee Benefits provider.
Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve.
At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers' needs and leveraging and investing in technology and digital transformation.
We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community.
We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research.
Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations.
We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company.
AXA is an equal opportunity employer.
We are committed to promoting Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued.
We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential.
Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company.
