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Head of Life Actuarial - MNC Life Insurer, Asia Pacific

  • Location:

    Hong Kong

  • Sector:

    Actuarial

  • Job type:

    Permanent

  • Salary:

    HK$1800000 - HK$2000000 per annum

  • Contact:

    Shirley Shao

  • Contact email:

    shirley.shao@oliverjames.com

  • Job ref:

    JOB-052022-168880_1652249217

  • Published:

    7 days ago

  • Expiry date:

    2022-06-10

Our client is a reputable Insurance Group that providing a wide variety of life insurance products and services. They are looking for Head of Actuarial to lead their Life Actuarial Function in Hong Kong.

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 Head of Actuarial to lead their Life Actuarial Function in Hong Kong.

About the team:

You will report to the HK CEO, working closely with different regional functions / offices.

Job Responsibilities:

  • Lead the Life Actuarial Function in performing the actuarial duties included but not limited to reserve valuation, life insurance product pricing, Participating products governance, Asset Liability Management and reinsurance management.
  • Be a member of the HK Management Team and relevant Committees.
  • Working and advise the CEO on multi-functional matters including business & product strategy, solvency requirements, dividend/crediting rate management, Financial, Capital & Asset Liability management, strategic planning and other actuarial related matters.
  • Calculate the HK Statutory and IFRS17 reserves & SII and to ensure the appropriateness of the methodologies and underlying models used as well as the assumptions made in calculation.
  • Adopt, implement and comply with Group and local policies, guidelines and procedures on actuarial related matters and performing the role of Appointed Actuary

Job Requirements:

  • Fellow actuary with 15+ years of actuarial experience with 5 years+ leadership and management experience
  • Experience in the life insurance industry with in-depth HK life insurance product knowledge
  • Strong leadership skills with demonstrated excellence in building and leading teams
  • Strong interpersonal skills and demonstrated experience communicating organizational strategy to create a clear vision of the future state and business objectives
  • Strong consultative and influencing skills with the ability to handle opposing perspectives and gain consensus

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

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