Regional Assistant Manager, Health & Protection Pricing & Proposition, Regional Health & Protection, AXA Asia

Location Hong Kong
Experience level Experienced Hire
Job details sector Health
Apply before Permanent offer

Purpose of the Role

  • Develop Health & Protection product propositions (individual & group, domestic and international) across life and general entities in eight Asian markets
  • Pro-actively support and review entities' H&P product strategy and pricing principles to optimize sustainable growth and profitability in the region
  • Conduct technical analysis to systematically review/refresh and manage H&P products & performance
  • Establish best practices and tools for H&P product development/pricing process and performance monitoring in the region and help build local entities' capabilities


Key Accountabilities:


Product Propositions
  • Perform market analysis to ensure current H&P propositions are inline and competitive with the market
  • Conduct new product feasibility study in the region enhancing customer value propositions across countries, entities and distribution channels
  • Build a regional H&P product repository to facilitate knowledge/ideas sharing across entities, including development of tools/processes such as Master Contract


Product Pricing & Performance

  • Review and govern pricing methodology, assumptions, benefits and policy wordings of new and refreshed H&P products, together with other Regional teams (Product, Claims Underwriting, Medical Networks), to align with overall product strategy and pricing principles
  • Identify and recommend solutions to overcome challenges and risks surfacing H&P performance.  Co-ordinate and work with other Regional teams (Product, Claims Underwriting, Medical Networks) to drive recommended solutions.
  • Set up and develop best practice guidelines and tools for H&P product development/pricing process and performance monitoring (including claims and expenses) in the region, giving guidance to and supporting local entities on implementation.
  • Review reinsurance arrangement to achieve optimized product proposition and profitability outcome
  • Support other Regional H&P initiatives/projects as required



Qualification & Experience

  • At least 4 years of actuarial/analytical experience in pricing and/or experience reporting team

  • Some exposure to health products is ideal; Has strong interest in understanding the dynamics of managing a health insurance portfolio

  • Good technical foundation, with excellent working knowledge of actuarial techniques, issues and application to product pricing and experience review.

  • Experience in VBA and SAS an advantage 

  • Strong drive, able to work independently

  • Excellent communication skills, including ability to interact and partner with regional and local teams to achieve objective

  • Occasional travel in Asia may be required

At AXA, we help millions of people around the world by protecting them, their families, belongings, assets, businesses and their future.

We are one of the top 50 global brands, the first insurance brand and one of the world's leading asset managers, with revenues close to 100 billion euros. We are present in 59 countries and work with 161,000 colleagues to serve 103 million customers worldwide.

We are leading the transformation of our industry and looking for talented individuals to be part of this transformation: individuals who care and who want to work in an environment where trust and inclusion foster innovation.

AXA Asia is a market leading insurance player offering a differentiated composite proposition in Life and General Insurance with operational presence in Hong Kong, Singapore, Indonesia, China, India, Malaysia, the Philippines, and Thailand.   AXA Asia is part of the AXA Group, headquartered in Paris and a worldwide leader in insurance and asset management with a presence in 59 countries. AXA Asia is committed to creating a sustainable, long-term business for our employees, customers and shareholders.

  • A competitive salary and benefits package

  • Medical cover and dental plan

  • Attractive pension plan

  • Rental reimbursement scheme

  • Extensive learning and development opportunities.