Senior Manager, Economic Capital

  • 35406
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Jun 19, 2019
Insurance
RESPONSIBILITIES
  • Manage the production of SII and ECap results ensuring that results, including any sensitivity tests, are produced accurately and in-line with agreed timelines for group reporting purpose.
  • Manage the changes within the reporting cycle and ensure the impacts are properly quantified.
  • Analyze results to ensure that key movements are identified, understood, and articulated to key stakeholders.
  • Participate in any technical discussion for HK RBC development. Identify solution on methodology with respect to regulatory requirements and to alignment with internal economic capital framework.
  • Drive improvements in procedures, processes and controls for ECap reporting.
  • Interact with key stakeholders to ensure they are fully engaged as appropriate and to ensure effective and efficient integration of actuarial led improvements.
  • Actively monitor the company’s solvency position on both local regulatory and economic bases.
  • Assist in the identification and monitoring of management levers that can be utilized to manage the solvency position.
  • Communicate with stakeholders to ensure understanding of results and key drivers.
  • Provide supervision, guidance and coaching with the subordinates on actuarial knowledge.
  • Escalate any conflicts in staff and work requirements to ensure effective and efficient planning of resources.
QUALIFICATIONS
  • Bachelor degree in related discipline.
  • Fellow of Society of Actuaries, or other equivalent actuarial bodies.
  • Minimum of 8 years relevant working experience with at least 4 years in managerial role.
  • Good knowledge in actuarial concepts, insurance accounting, economic capital, and ideally HK regulatory requirements.
  • Good analytical, problem solving and organizational skills.
  • Good inter-personal and communication skills in both spoken and written English.
  • Proactive, able to work under tight deadlines/pressure and perform multiple tasks when needed.
  • Able to manage multiple internal and external stakeholders, multiple tasks and resource accordingly.
  • Prophet and stochastic modelling experience will be beneficial.