Manager (Actuarial)
INSURANCE AUTHORITYSouthern districtUpdate time: February 27,2020
Job Description
Reporting to the Senior Manager (Section Head), Policy and Development, the Manager will assume the following:
Key Responsibilities
- Participate in developing the new Risk-based Capital solvency regime
- Conduct researches and make recommendations on various actuarial topics or issues, such as capital, ALM, product, investment, reinsurance, risk etc
- Provide life actuarial technical support and/or peer review across teams and divisions
- Support the development of legislation, rules and guidelines on insurance supervision
- Participate in conducting inspection and investigation to ensure insurers' compliance with regulatory requirements
- Liaise with industry and professional bodies on the actuarial topics relating to the regulation and development of the insurance industry
- Perform other duties as assigned by senior management to facilitate the administration of the statutory functions of IA
Requirements
- A Bachelor’s degree in actuarial science, statistics, accounting, finance, insurance or related disciplines
- Qualified actuary (FSA, FIA, FIAA or equivalent). Member of ASHK is a plus
- Minimum 5 years’ relevant experience in life actuarial practices. Experience with overseas solvency regime will be an advantage
- Practical knowledge of ALM, investment, insurance products, regulatory requirements, industry practices and market dynamics will be highly valued
- Professional, strong business acumen, open-minded, and able to work with a team in a collaborative environment
- Strong command of written and spoken English. Chinese language ability is an advantage
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