Job Description:

People & Business Leadership

• Lead the Actuarial Pricing teams by contributing to the development of the GI strategy through developing the department strategy
• Ensure the appropriate structure, governance and people capability of the department to execute the strategy
• Contribute to the effective management of the CGIO P&L to drive top line and bottom line growth and to deliver the expected BU performance metrics, with particular focus on CX Score, Loss Ratio and Underlying Results

Pricing

• Accountable for determining the portfolio and individual technical price for P&C
• Provide clear explanation of results, pricing and design recommendations (including assumptions, methodology guidelines and specifications) to internal and external stakeholders
• Drive the effective execution of the pricing strategy

Data Analysis

• Oversee Portfolio Analysis by channel, product and business line to identify underperforming P&C Retail and Commercial products and the development of mitigation plans to return to profitability
• Drive forward-looking data analysis to inform and optimize pricing, portfolio analysis, GLM, product marketing and customer retention
• Lead and maintain an effective and efficient portfolio analytic and monitoring
• Explore and leverage the use of technology for pricing model, tools and skillset, e.g. machine learning

Projects & Governance

• Contribute as a Project Sponsor, Project SteerCo Member and/or Project SME to CGIO Pricing BAU projects and AXA HK transformational projects as required
• Ensure the Pricing function meets legal, compliance and risk management requirements, formulating and executing action plans and escalating issues as required
• Fulfil responsibilities on relevant committees to achieve business goals

 Requirements: 

• Qualifications in Actuarial science, statistics or mathematics or similar, with ACII or FCII accreditation preferred.
• At least 8 years’ leadership experience in insurance, with strong knowledge of the industry’s challenges and competitive landscape.
• Robust business acumen and understanding of the economics of an insurance business, and in particular the levers that maximize value.
• Thorough understanding of the Hong Kong market, key players, competing products and customer segments.
• Innovative and customer centric mindset to deliver CGIO products that support the realization of CGIO strategic objectives and deliver a superior end-to-end client experience.
• Strong experience and in-depth knowledge in the development of pricing models, with actuarial experience highly advantageous.
• Strong data analysis capability to drive forward-looking predictions to improve profitability, and the ability to communicate these meaningfully and with insight.

• Open to explore the use of technology for pricing model, tools and skillset, e.g. machine learning

• Flexibility and agility to respond to changing market trends, customer behaviors and needs, legal and regulatory requirements.
• Advanced stakeholder management skills, with the ability to develop mutually beneficial and productive external and internal relationships
• Well developed written and spoken English language skills

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 51 markets and serving 94 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, 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.

Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits) , Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development)