AVP- Financial Risk Management from a Life Insurer (Thailand)
Job Duties
- Supporting Insurance & Financial Risk and supporting Head of Financial Risk on the development and implementation of the Insurance & Financial Risk Framework.
- Provide a formal second opinion on key financial and other business decisions, including investments, ALM, solvency and capital management.
- Assist and guide functional departments and business units to develop risk control measures and mitigation strategies on company local solvency, ERM/ORSA.
- Enhance interest rate risk management framework by implementing key rate duration gap and convexity gap with methodology ensuring reconciliation to Total Company level GAPS by category (RBC, Statutory, MCEV, AIFRS)
- Ensure that the methodology for calculating sensitivities is adequate and seek to continuously enhance its accuracy
- Prepare all related reports and presentation slides under Insurance & Financial Risk Management for the Local Management Risk Committee (LMRC) and Board of Risk Management Committee (BRMC) pack
- Support Insurance Risks and work closely with Product Development Team and Pricing Actuary on highlighting strong risk opinions on new, repricing and restyling of products
Qualifications
- At least 7 years of actuarial, investment or risk experience in life insurance companies
- Bachelor’s degree or higher in in Actuarial, Mathematics, Statistics, Finance, Engineering, or any relevant field
- Good in Team Management and strong in leadership skills.
- Excellent in both writing and presenting in English.