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Senior Actuarial Manager, Pricing, Greater China Life & Health job in Beijing

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Beijing Munich Re

Job Ref:  4787
Employer:  Munich Re
Sector:  Reinsurance
Risk Management
Qualifications:  Fully Qualified Actuary
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  China
City:  Beijing
Post Code:  Not specified
Map: 

Description

Munich Re Beijing Branch, part of Munich Re, the world's largest reinsurer, is seeking Pricing Actuary to join our team in Greater China. In this role, you will play a pivotal part in the development and pricing of life and health business. This includes conducting technical pricing and modelling for new quotes, researching emerging risks, and collaborating closely with local and regional stakeholders.

The position is based in Beijing and reports to Assistant General Manager, Pricing, Greater China Life & Health.

YOUR ROLE
  • Drive and support life and health quotations while ensuring adherence to pricing and treaty standards as per MR group/regional guidelines.
  • Collaborate cross-functionally with Business Development, Underwriting, Claims, and Actuarial teams in Greater China to foster sustainable growth in life and health reinsurance business.
  • Interpret and distil business requirements, providing high-quality risk assessments and actuarial recommendations.
  • Develop, automate, and enhance actuarial pricing models and tools to ensure accuracy, maintain up-to-date assumptions, and enhance daily operational efficiency.
  • Contribute to product innovation, research, strategic initiatives, and ad-hoc projects as needed.


YOUR PROFILE
  • Bachelor's degree in Mathematics, Actuarial Science, or a related field.
  • Qualified or nearing qualification (making substantial progress toward fellowship).
  • Minimum of 8 years of experience in life and health insurance or reinsurance (including consulting) is preferred.
  • Possess strong analytical skills with a problem-solving mindset, and a keen attention to detail.
  • Collaborative, accountable, and adept at managing expectations from diverse stakeholders.
  • Willingness to learn, collaborate, and thrive in a fast-paced environment.
  • Excellent communication skills in both English and Mandarin.

Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.
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