Actuarial Manager, Pricing
Role Summary
Bowtie’s mission is to make insurance good again and our vision is to build a category-defining health insurance company.
As a young and fast-growing company, grooming and learning from the next generation is always our priority. We are looking for great talents who share our values to lead up our actuarial pricing (B2C and B2B) to ensure a healthy and sustainable growth of Bowtie.
About the Role
You will be working in a fast-paced organization that promotes cross-functional collaboration to ensure that we are offering competitive products
that are conducive to our revenue and long-term goals in a timely manner. Your
main responsibilities include:.
Your Key Responsibilities Include:
- Technical pricing / repricing for the full suite of our insurance products
and services- Hands-on support for pricing and quotation for individual life and health products
- pricing/repricing for new / existing B2B products,
- Regularly formulate, review, and improve our pricing basis/philosophy
- Develop and maintain pricing knowledge in products, assumptions, and benchmark setting
- Conduct experience, assumptions, and basis review to ensure that our process and pricing philosophy is robust and of high integrity
- Be the subject matter expert, and provide technical advice and portfolio insights to support product development initiatives, and review of reinsurance arrangements
The success of this role will be measured by:
- overall health of our insurance business
- speed and quality of the quotations
- team members' growth and development
About you
You are a high achiever who thrives in a fast-paced and empowering
environment and enjoys both deep technical work and cross-team collaboration,
and possesses the following skills and qualifications:
- 6+ years of experience in life/health insurance products pricing
- Strong product knowledge in individual and group life and health
products - Strong communication skills in delivering business considerations and
using non-technical jargon - Ability to work independently and meet deadlines on time with quality
- Excellent command of spoken and written English, fluency in Chinese will be a plus
- Proficient in Microsoft Office, in particular, MS Excel; Knowledge of
Python and/or programming is an advantage - Bachelor's degree in Actuarial Studies or other related disciplines
- Good progress in actuarial examinations
- Energetic personality and good team player - we move fast and we leave
no one behind
We Offer
Apart from a great career path and an opportunity to do good and do well, we also offer:
- Competitive package
- Flexible work arrangement
- Benefits include medical/ dental coverage and wellness programs
- Employee discounts
- Fun, co-operative, and flexible startup culture
- Weekly sharing sessions and regular social gatherings
- Excellent learning opportunities with Professional Development Sponsorship
About Bowtie
We are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.
We believe that insurance is fundamentally good, and we are here to bring the good back through our passionate, innovative, and customer-centric team.
By combining our deep domain expertise and our own proprietary modern technology, we are building one of the most iconic, category-defining health insurance companies in Asia.
We take pride in moving fast all the time and our track record in moving ahead in the game. Our digital insurance platform is also ranked #2 in the world in Sia Partners' 2023 report.
As we grow, we're always looking for highly dynamic, hands-on, and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia, apply to our opening today!
Information collected will be treated in strict confidence and used solely for recruitment purposes.
The company will retain all applications no longer than 24 months of which will be destroyed thereafter.
We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.
- Department
- Actuarial
- Locations
- Hong Kong
- Remote status
- Hybrid
- Employment type
- Full-time
- Employment level
- Executive/Senior Level
About Bowtie Life Insurance Company Limited
Our purpose is simple - we are here to bring back the good of insurance: protecting people and their families.
By combining our deep domain expertise and our modern proprietary technology, we strive to provide better insurance products and world-class insurance experience to the public.
In the past 4+ years, we have been providing a wide range of medical coverage to the Hong Kong public. Our sum assured has exceeded US$5 Billion.
Let's continue to deliver a better insurance experience for all.
Let's Make Insurance Good Again.
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