Reporting to the Head (Long Term Business – Major Groups), the incumbent will undertake the following:

Key Responsibilities

• Head and manage a team of regulatory / professional staff

• Lead the oversight of macroprudential and systemic risk surveillance

• Conduct prudential reviews and supervision of major insurance groups’ Group Internal Economic Capital Assessments and broader financial assessments, such as an Own Risk and Solvency Assessment, recovery and resolution plans and liquidity risk management
• Participate in formulating supervisory policies, requirements and methodology for major groups and/or authorized insurers
• Represent IA in international working groups such as those of the International Association of Insurance Supervisors (IAIS) as required
• Co-ordinate with industry and professional bodies on matters relating to the regulation and development of the life insurance industry
• Liaise with fellow insurance regulators and other financial regulators on prudential supervision of life insurers and in performing group-wide supervision of major insurance groups
• Perform other duties as assigned by senior management to facilitate the administration of the statutory functions of IA

Requirements

• A bachelor’s degree or professional qualification in accounting, actuarial science, finance, insurance or related disciplines
• Minimum 8 years' relevant work experience in accountancy, audit, life insurance, actuarial or regulatory fields

• Experience in participating in IAIS fora, including strong knowledge of regulatory requirements and international supervisory standards, insurance products, insurance companies operations and market dynamics relating to the insurance business. Work experience in a local or overseas insurance regulatory agency is preferable

• Strong analytical, leadership, interpersonal and communication skills

• Strong command of written and spoken English. Chinese language ability is an advantage