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ALM Manager - MNC Life Insurer

  • Location:

    Hong Kong

  • Sector:

    Actuarial

  • Job type:

    Permanent

  • Salary:

    Up to HK$900000 per annum

  • Contact:

    Shirley Shao

  • Contact email:

    shirley.shao@oliverjames.com

  • Job ref:

    JOB-042022-167807_1651568439

  • Published:

    15 days ago

  • Expiry date:

    2022-06-02

About the company:

Our client is a reputable Insurance Group that providing a wide variety of life insurance products and services. They are looking for Actuarial talents to support their Financial Risk team in Hong Kong.

About the team:

You will report to the Department Manager, working closely with different teams and business heads to perform your role.

Job Responsibilities:

  • Direct management and production of the day-to-day ALM activities and tasks
  • Oversight and review of ALM activities across Asia Markets
  • Ensure an appropriate balance of assets and liabilities, in line with the applicable risk appetites and regulatory constraints
  • Enforcement of Group ALM policies, standards, and methodologies, adapt and enforce those policies and standards
  • Ensure all new products launched have an appropriate asset allocation strategy, and provide advice to the Pricing and Product teams on the ALM-friendliness of the product features
  • Engage with local entities on ad-hoc investment / ALM initiatives
  • Design, test and implement cross-asset LDI hedging strategies (both systematic & tactical)
  • Operate and extend a system framework enabling projection, back testing, monitoring, and implementation of dynamic hedging strategies
  • Support different entities deployment of structured products and other complex derivatives

Job Requirements:

  • Newly or nearly qualified actuary
  • 5 years' experience related to life insurance
  • Strong analytical and problem-solving skills with demonstrated ability to work with complex financial issues and concepts
  • Strong understanding of market consistent valuation and capital models
  • Good communication and interpersonal skills.
  • Always demonstrate initiatives and commitment, and able to work independently.
  • Effective command of English, both spoken and written.

Interested candidates please reach out to Shirley Shao at shirley.shao@oliverjames.com for further discussions.

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