Life Corporate Actuarial Assistant Manager from a reinsurer (Hong Kong)
Position Overview
While focus is on local reporting for a wide range of business in the fast-growing markets in Hong Kong, the role also includes supporting other areas of practice like process / control enhancement, projections for capital modelling and risk management. The role will provide the candidate with broad exposure to various types of financial reporting for the corporate.
Responsibilities
- Support the implementation of new requirements for HKRBC and the integration into the valuation process.
- Support the implementation of valuation for new product types into the business.
- Involved in the end-to-end process for HKRBC and IFRS17 valuation and reporting process. This includes scope confirmation, input preparation and review, models and tools run execution, results output, and results review.
- Support the ongoing enhancement of the valuation and reporting process by developing any change in practices to improve work efficiency, e.g., by different approach, streamlining data requirements, automation, etc. Maintains, documents, and supports results, approaches, and controls used to produce and monitor results.
- Support experience studies and assumption settings for new types of business.
- Support any projections for capital and communicates appropriate validation results and financial analytics.
- Compliance controls and audit checks on the valuation data and bases;
- Review works performed by more junior members of the team;
- Support other ad hoc analysis as required.
Requirements
- Associate or close to Fellow of Society of Actuaries or other equivalent actuarial bodies;
- 3 to 6 years’ working experience in life insurance/reinsurance companies;
- Experience in either HKRBC or IFRS17 reporting;
- Prophet modeling experience is preferred and a strong understanding of Excel, VBA and SQL; working knowledge on Alteryx is a plus;
- Strong analytical, data management skills, work attitudes to details and ability to manage multiple tasks simultaneously; and
- Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently and take a leading role in a wide variety of assignments.