The scope of work of the Policy and Development Division covers the following:

• Draw up regulatory policies and requirements for the insurance sector
• Formulate and co-ordinate proposals to enhance global competitiveness and sustainable development of the insurance industry
• Liaise and collaborate with standard-setting bodies, financial regulators and industry bodies, both local and overseas
• Engage with industry practitioners and relevant stakeholders to solicit ideas and gauge feedback on issues of mutual interest or concern
• Provide secretariat and administrative support for statutory committees

Reporting to Executive Director / Associate Director of the Policy and Development Division, the incumbent will assume the following:

Key Responsibilities

• Lead a team of professional staff to promote the adoption of technology and drive innovation in the insurance sector
• Reach out to external interlocutors such as insurance companies and intermediaries, the Government, other financial regulators, technology start-ups and academic experts to glean insights on market trends and consumer aspirations, bridging them with policy formulation and market development functions
• Join hands internally with other divisions to examine how technologies can lead to greater operational efficiency and how our supervisory regime should evolve
• Conduct or participate in research on topics related to Insurtech
• Manage and keep track of progress on major projects and initiatives
• Other duties as assigned by the Executive Director / Associate Director

Requirements

• A Bachelor’s degree in computer science, software engineering, information systems, actuarial science, risk management, laws, business studies, economics, public administration or related disciplines
• Minimum 8 years’ relevant experience in insurance, risk management, financial services, public administration and/or related fields
• Experience in Fintech, Insurtech and Regtech / Suptech is an advantage
• Good understanding of the insurance industry and global financial markets
• Self-driven with strong motivation, leadership, analytical ability and interpersonal skills
• Capable of operating effectively in a multidisciplinary team environment
• Excellent command of spoken and written English and Chinese