Senior Manager Insurance Risk

  • 36416
  • Life - Other
  • |
  • Hong Kong
  • |
  • Dec 10, 2019
Insurance
RESPONSIBILITIES
  • Oversight of new product initiatives, for both Company manufactured and third party manufactured products prior to launch.
  • Oversight of controls and risk mitigating actions in relation to new and re-priced products.
  • Oversight of product distribution risk, covering both company channels and non- company channels.
  • Oversight of controls and risk mitigating actions in relation to the distribution of products.
  • Liaise with Group Insurance on product and distribution initiatives with wider risk and capital implication for the region.
  • Oversight of reinsurance arrangement to ensure alignment with risk appetite, return objectives, capital usage and control exposure against mandates.
  • Oversight of underwriting in accordance with the risk appetite and risk mandate agreed.
  • Monitor insurance and product related risks against the risk appetite of the group.
QUALIFICATIONS
  • Extensive years of relevant experience in the insurance or related industry.
  • Actuarial qualification is not a pre-requisite but knowledge of financial dynamics of insurance products is desirable.
  • Strong experience in various aspects of an insurance business, and in particular a deep understanding of insurance products and their distribution. This requires detailed knowledge in the processes associated with product development and pricing, as well as in the range of distribution channels.
  • Robust understanding of actuarial work.
  • Ability to assess product related risk trends, both internally and externally.
  • Strong analytical skills.
  • Highly effective written and verbal communication skills.
  • Excellent interpersonal skills and ability to interact and build relationships with internal and external stakeholders.
  • Bachelor's degree or equivalent.