Manager; Long Term Business – Group-wide Supervision; Actuarial

Manager (Long Term Business – Group-wide Supervision) (Actuarial)
Responsibilities

• Assist in the prudential supervision of major insurance groups, with focus on conducting reviews and group-wide risk assessments covering financial risks as part of the GWS supervisory framework
• Perform actuarial analysis / assessment on assigned matters and provide actuarial advisory / support to the teams to facilitate decision making
• Participate in the preparations for supervisory colleges and crisis management group meetings
• Liaise with overseas insurance regulators and other financial regulators in performing group-wide supervision of major insurance groups
• 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
• Working experience s with economic capital, HKRBC, ICS and/or other jurisdictions’ capital regimes
• Sound knowledge of insurance products, asset/ liability and capital management, industry practices and market dynamics relating to the group insurance business
• Strong analytical, interpersonal and communication skills
• A team player with the ability to work under pressure
• Can-do attitude, self-starter and open to challenging tasks
• Strong command of written and spoken English

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.

The Insurance Authority is the independent statutory body whose principal function is to regulate and supervise the Hong Kong insurance industry to promote its stable development and to protect existing and potential policy holders. We are looking for talents who share the same vision to join us!