Reporting to Senior Manager (GI Actuarial, Policy and Legislation Division), the incumbent will undertake the following:
Key Responsibilities
- Lead subject matter expert topics, providing expert support across teams and divisions. Topics include GI reserving, catastrophe risk and other RBC regime related topics.
- Participate in the continued monitoring and review of the Risk-based Capital solvency regime
- Develop and build analytics and dashboards on the data collected under the new regime, for IA market monitoring and case supervision purpose.
- Keep abreast of the developments of insurance industry, conduct researches and conduct industry-wide reviews
- Provide expert support in developing legislation, rules and guidelines on insurance supervision
- Liaise with industry and professional bodies on actuarial topics relating to the regulation and development of the insurance industry
- Participate in IA’s information technology development projects
- Perform any other duties as assigned by senior management to facilitate the administration of the statutory functions of the IA
Requirements
- A Bachelor’s degree in actuarial science, statistics, finance, insurance, computer science or related field
- Qualified actuary with 6 to 15 years of relevant experience in GI actuarial practices
- Experience in reserving, underwriting, claims, risk management, data analytics and/or nat cat modelling will be valued
- Knowledge of the local regulatory requirements, actuarial practices, insurance products, industry practices and market dynamics of insurance business
- Professional, strong business acumen, open-minded, and able to work within and across teams in a collaborative environment
- Strong command of written and spoken English. Chinese language ability is an advantage
Application
Review of the applications will start as soon as possible and continue until the post is filled.