Manager; Long Term Business – Group-wide Supervision – Financial Risk

Manager (Long Term Business – Group-wide Supervision – Financial Risk)

Broaden and deepen your knowledge and capabilities by making a genuine impact in shaping how we supervise multinational insurance groups.

Reporting to the Senior Manager (Group-wide Supervision), the incumbent will assume the following:

• Perform prudential supervision of major insurance groups through comprehensive financial risk monitoring, with a focus on reviewing solvency, liquidity, and related financial risks of the insurance group. Identify emerging vulnerabilities and assess the overall financial health of insurance groups
• Conduct actuarial analysis on assigned matters, integrate findings from off-site surveillance, on-site inspections, and actuarial reviews to form supervision recommendations from a group perspective
• Participate in supervisory colleges and crisis management group meetings
• Liaise and co‑ordinate with local and overseas regulators and industry/professional bodies in matters related to group‑wide supervision of major insurance groups. Support the IA’s participation in IAIS activities
• Perform other duties as assigned by senior management to facilitate the administration of the statutory functions of IA

• A Bachelor’s degree in actuarial science or related disciplines
• Fellow actuary with minimum 6 years’ relevant work experience (4 years of which were attained after becoming fellow) in risk and capital management, life actuarial practices, or regulatory fields. Candidates with less experience but strong relevant expertise may also be considered
• Solid actuarial knowledge and working experiences on capital, ALM, and financial risks of life insurance business; able to apply actuarial knowledge to risk‑based supervision from a group‑wide perspective
• Strong analytical, interpersonal and communication skills
• Proactive, strong sense of ownership and a good team player
• Strong ethical standards and integrity
• Strong command of written and spoken English;
  Chinese language ability will be an advantage

A competitive remuneration package commensurate with the successful candidate’s experience and qualifications on a 24‑month contract / permanent role will be offered, subject to work experience and interview performance.

Review of the applications will start as soon as possible and continue until the post is filled. Interested applicants may send a letter of application quoting the reference number in the heading, together with a full resume stating current and expected salaries by clicking "Apply".

The Insurance Authority is an equal opportunities employer. Applicants not invited for an interview within 2 months from the closing date may assume their applications unsuccessful. Applications may be considered for other suitable positions within IA. All applications will be handled in strict confidence and the information collected will only be used for recruitment purposes. All information on non‑shortlisted applicants will be destroyed after 6 months from the close of applications.