Assistant Valuation Manager

  • 35257
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • May 24, 2019
Insurance
RESPONSIBILITIES
  • Ensure timely and quality completion of the main actuarial tasks such as actuarial reserving processes under HK statutory and US GAAP basis, VNB & EV calculation and analysis, financial projection and analysis of business plan, DAC recoverability testing, dynamic solvency testing, asset liability cash flow testing and experience studies.
  • Prepare and review on monthly financial results, and provide analysis on financial variance in Monthly Operating Report and financial projection of business plan.
  • Drive the preparation of IFRS17 new financial reporting standard.
  • Prepare the Quantitative Impact Study of Risk Based Capital.
  • Recommend the assumptions setting for actuarial reserving and financial projection.
  • Ensure all the valuation processes compliance with local regulatory regimes, company internal guidelines and SOX requirement.
  • Provide guidance and coach juniors in the valuation team and support the professional development of actuarial studies in the actuarial department.
  • Enhance and streamline of valuation model and workflow.
QUALIFICATIONS
  • Bachelor degree in Actuarial Science or related discipline.
  • Newly qualified Fellow or close to attaining the qualification.
  • At least 4 years of actuarial experience in life insurance industry.
  • Strong knowledge in Hong Kong Statutory, USGAAP and IFRS accounting standard.
  • Excellent analytical skill with strong PC skills and knowledge of EXCEL and ACCESS.
  • Experienced in using of Actuarial software.
  • Good communication and interpersonal skill with good command of both English and Chinese.
  • Able to work under pressure and think independently.