• Competitive
  • Hong Kong
  • Permanent, Full time
  • LMA Recruitment
  • 20 May 19

Senior Risk Analytics - Insurance

A reputable, international life insurance organisation is urgently looking for a Senior Risk Analytics Manager in their Hong Kong office. - Life Insurance - Strong risk management experience - Actuarial experience preferred

Main responsibilities:

-          Production, validation and communication of Solvency II Capital Requirements (SCR) and associated reporting. 

-          Create insightful Analysis of Change for SCR movement including the underlying drivers and their movement.

-          Establish trusted relationship with stakeholders in the China JV as well as (Asia wide) local, regional and group stakeholders.

-          Mentor junior staff and lead coordination of various functions during the Solvency II production cycle

-          Regular monitoring of the implementation of localized risk policies including monthly monitoring of the adherence to defined limits and creation of summary reports for senior management.

-          Support and lead in various projects such as ALM / RAF implementation with partner functions such as investments, finance and actuarial as well as any ad-hoc work such as limit extension requests.

-          Independent Review and analysis of the Market Value Balance Sheet for various countries

-          Prepare concise summaries for senior management for the quarterly regional risk management committee.

-          Drive the creation of business insights gained from Solvency II and local solvency reporting for senior management; identify potential issues and challenges to be raised by the Regional CRO and Regional CEO

-          Support the wider mandate of the regional risk analytics team and take project and coordination leads  


-          University degree in actuarial science, statistics or other similar major in recognized University

-          Qualified actuary or progressing well with actuarial exams

-          Excellent communication skills and teamwork; ability to influence a wide range of stakeholders at different levels; demonstrated experience to navigate ambiguity and to take decisions under uncertainty

-          Minimum 8-10 years’ actuarial experience in the life insurance industry, preferably in financial risk and life risk management or actuarial valuation

-          Knowledge in MCEV or Solvency II (especially Standard Formula), economic capital and risk-based capital frameworks

-          Deep understanding of different life products, their risk profile and relation to capital requirements under dynamically changing conditions

-          Good skills in Excel and actuarial valuation processes and tools

-          First managerial experience and experience in leading cross functional projects

-          Ideally (but not must) experience in ERM related processes and governance frameworks such as risk appetite frameworks, ORSA, setting and monitoring of risk limits

-          Fluent in English and Mandarin (compulsory)

Company Reg. No.: 201131609D

Licence No.: 11C4684

EA Reg no: R1106582

Suitable candidates currently based in Hong Kong are highly preferred.  Open to consider candidates outside of Hong Kong with relevant experience and right motivation.