Actuarial Manager - Business Development

Munich Re Hong Kong Branch, part of Munich Re, the world's leading reinsurer, is seeking an Actuarial Manager to support the growth of profitable and sustainable Life & Health business in Hong Kong. In this role, you will be responsible for developing and managing client relationships, identifying and securing reinsurance opportunities, and providing actuarial and strategic support to clients. You will also contribute to product innovation, proposition development and digital initiatives, working closely with clients and internal stakeholders to deliver solutions that address evolving market and customer needs.

This position is based in Hong Kong and reports to Assistant General Manager, Head of Multinational Clients, Greater China.

Your Role

• Support the evaluation, negotiation and acceptance of Life & Health reinsurance opportunities in accordance with Munich Re's pricing, underwriting and risk management standards, ensuring profitable and sustainable business growth.
• Deliver high-quality client service by coordinating client requests, preparing pricing quotations, treaty documentation and business proposals, managing reinsurance accounts, monitoring portfolio performance, and ensuring timely and accurate execution of business transactions.
• Build and maintain strong relationships with assigned clients, serving as a key point of contact and trusted business partner. Support client discussions, account planning and strategic initiatives to identify opportunities for business growth and enhanced collaboration.
• Contribute to business development and consulting projects by analysing client portfolios, assessing business challenges, and developing data-driven recommendations and reinsurance solutions that create value for clients.
• Conduct research and market analysis on industry trends, regulatory developments, competitor activities, customer needs and emerging risks. Translate insights into actionable recommendations to strengthen Munich Re's market position and service offering.
• Support product development, proposition design and innovation initiatives by identifying market opportunities, evaluating customer needs and collaborating with clients and internal stakeholders to develop commercially attractive and sustainable insurance solutions.
• Contribute to digital and data-driven initiatives, including the development and promotion of digital propositions, analytical tools and value-added services that support clients' business objectives and customer engagement strategies.
• Represent Munich Re at client meetings, industry conferences, professional forums and marketing events, enhancing the company's reputation as a leading Life & Health reinsurer with deep local market expertise and strong technical capabilities.

Your Profile

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Business Administration or a related discipline.
• Qualified Actuary (FSA, FIA, FIAA, FFA, or equivalent) preferred. Candidates with significant progress towards actuarial qualification will also be considered.
• At least 5 years of relevant experience in life insurance, reinsurance, consulting, product development, pricing, valuation, risk management or related actuarial functions.
• Demonstrated experience in product development, proposition design, financial analysis and insurance business management, with a sound understanding of Life & Health insurance products and market dynamics.
• Experience managing client relationships and delivering projects involving multiple stakeholders, with the ability to balance commercial objectives and technical considerations.
• Strong analytical and problem-solving capabilities, with the ability to translate complex technical concepts into practical business solutions and recommendations.
• Excellent communication, presentation and interpersonal skills, with the ability to engage effectively with senior client representatives and internal stakeholders.
• Commercially minded with strong relationship-building skills, sound professional judgment and a proactive, solution-oriented approach to managing opportunities and challenges.
• Highly organized, self-motivated and capable of managing multiple priorities in a dynamic and fast-paced environment.
• Proficient in both spoken and written English and Cantonese; proficiency in Mandarin would be an advantage.

We see DEI as a business imperative, helping us to attract, grow and inspire a diverse, inclusive, and equitable workforce that better enable us to serve our customers, investors, and communities. Globally, we strive to build balanced teams across all aspects of difference. If you are interested in the role and believe you could contribute, we encourage you to apply even if your experience doesn't perfectly match every qualification.