Actuarial Manager

  • 38577
  • Life - Actuarial
  • |
  • Hong Kong
  • |
  • Nov 10, 2020
Insurance
RESPONSIBILITIES
  • Support the development of the policies related to capital reporting and management under the GWS framework from IA.
  • Support the development of the capital reporting standard and methodology under the GWS framework.
  • Implement the capital reporting standard and methodology to local BUs and integrate into their valuation processes.
  • Review and support local BUs’ available capital and MCR/PCR under the GWS framework.
  • Support and prepare the consolidated available capital and MCR/PCR at Group level and explanation on the capital movements.
  • Prepare a solvency reporting dashboard and other relevant materials for the Capital Management Committee, ALMCO and Investment, Risk & Actuarial Committees.
  • Prepare relevant materials based on the disclosure requirements under the GWS framework for IA reporting.
  • Review and support the capital reporting under the HKRBC and Bermuda regulatory capital frameworks.
  • Review the movement of local solvency ratio based on local regulatory capital regime.
  • Support the development of business cases for new initiatives, e.g. M&A, new markets, channels development, partner acquisition, etc.
  • Any other duties as required by Group.
QUALIFICATIONS
  • 7+ years insurance experience in actuarial and/or risk management functions.
  • Fellowship or nearly fellowship member of an internationally recognized actuarial professional body.
  • Understanding of the interactions for insurance liabilities, capital, EC/RBC, HKRBC or Solvency II, financial reporting, and risks.
  • Understanding of market consistent valuation.
  • Working knowledge of applicable laws, regulations, rules, codes of conduct.
  • Communication skills.
  • Strong analytical skills.