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Hong Kong, Hong Kong SAR, HK

Senior Pricing Actuary

About iptiQ


iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

iptiQ provides digital, bespoke and transparent L&H and P&C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.

iptiQ offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

About the Team

iptiQ Asia Pacific is a newly established Swiss Re business unit created with the specific objective of building large scale B2B2C revenue streams from across the region, with a focus on High Growth Markets and scalable opportunities. The business model will revolve around the creation of in country operations, appropriate to the regulatory and market environments in place. These operations will be tasked with delivering the relevant iptiQ proposition, with a small regional team providing strategic, operational, financial and governance support.

iptiQ APAC will put the consumers' needs at the centre of what we do, aim to become a digital/direct champion and build expertise in data driven acquisition and management. We will use the Swiss Re network to access state of the art technologies and capabilities, combine it with local expertise and an innovative mind-set, constantly challenging current ways of offering insurance. Our aim is to drive the digital partnerships across the insurance value chain, combining insurance know-how and e-commerce competencies, with the dynamic spirit of a start-up.


About the Role

•    Provide actuarial support for exploration and execution in new opportunities in new markets for the Asia Pacific regional team
•    Support the product and pricing teams across Asia Pacific to develop innovative and market leading propositions as well as optimise the performance of the Asia Pacific portfolio
•    Drive the application of data science and analytics to improve:

        -Product and pricing methodology

        -Customer experience and outcomes

        -Portfolio monitoring

        -Predictive modelling

•    Provide global best practice knowledge-sharing opportunities, tools, training, and technical direction to the Asia Pacific pricing and product teams
•    Responsible for regional reinsurance management, including managing internal group arrangements
•    Support the regional teams on managing Market Reference Standards and performing Experience Studies


Main tasks

•    Active participation in:

        -Development of new business opportunities

        -Analysing potential new market prospects

        -Product development

•    Active engagement with regional teams to:

        -Support the development of new innovative market leading propositions

        -Develop actionable insights on products and pricing

        -Review new propositions and pricing

        -Enhance experience investigations capabilities

•    Ensure compliance of the Asia Pacific operating entities with the L&H Life Capital Underwriting Standards
•    Maintain up to date knowledge of local and global actuarial practices and trends, and deliver product and pricing thought leadership at a high standard both locally and globally
•    Effectively liaise with the actuarial, medical, claims, and other units within iptiQ regionally and globally


About You

•    Bachelor degree or post graduate level qualification in relevant field desirable
•    English


Professional experience
•    Qualified actuary with 10+ years' experience working in the insurance or reinsurance industry, experience in Pricing is strongly preferred
•    Excellent interpersonal, communication and influencing skills;
•    Strong analytical and problem solving skills;
•    Must be a self-starter and independent thinker;
•    Project management skills and ability to work to deadlines;
•    Ability to make decisions based on sound business judgment;
•    Keeps abreast of new underwriting developments across both locally and globally
•    Asia Pacific regional experience preferred


Other skills required
•    Ability to create rapport and respect of peers
•    Team player
•    Proactive problem solving approach
•    Business acumen and sound leadership skills
•    Change oriented


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.


Keywords: Pricing, Insurance 
Reference Code: 95127 


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