Assistant Manager, Actuarial
Generali Life (Hong Kong) Limited
- Company Industries:Insurance/Pension Funding
Job Information
- Post Date:2019-03-19
- Career Level:Middle
- Location:Admiralty
- Yr(s) of Exp:5 years
- Qualification:Degree
- Salary:Salary provided
- Employment Type:Full Time, Permanent
- Others:Full Time, Permanent
- Job Function:Actuarial Others
Job Description
Key Responsibilities:
- Valuation of life products and reporting of required capital
- Assist in developing and maintaining Prophet models of newly launched products to include in the valuation production for reserving, business planning, financial reporting and financial analyses for specified valuation bases
- Implement and enhance actuarial controls by cooperating with Finance function in analyzing and explaining key movements of the financial results and designing key financial controls.
- Participate in periodic actuarial investigation into the financial soundness of the company, including:
- regular reporting (both statutory and Group reporting)
- management information
- dividend recommendation and periodic rate declaration to meet Company policy in participating and universal life businesses
- ad hoc reporting requests from Regulator and Group
- Responsible for providing liability profile by product type, including cash flows, duration, convexity and VaR and coordinate with Investment Department to facilitate Asset Liability Management in accordance with Company policy.
- Conduct periodical experience studies and proposed required assumption changes where necessary
- Work with internal and external auditors to ensure the compliance of actuarial and risk related statutory requirements and Group Policies in in order to obtain satisfactory audit clearances.
Key Requirements:
- University graduate or equivalent
- Associate or nearly qualified fellow of a recognized Actuarial organization (e.g. Society of Actuary)
- At least 5-6 years of relevant experience in life insurance industry
- Proficient in MS Office applications, PROPHET
- Good command of English and Chinese
- Excellent communication and interpersonal skills
We offer 5-day work, good career prospects and attractive remuneration package to the right candidates. Interested parties please send full resume with expected salary to: The Human Resources Department, 5/F, Generali Tower, 8 Queen’s Road East, Hong Kong or via JobsDB.
Personal data collected will be strictly used for recruitment purpose only. All unsuccessful applications will be destroyed after two years.
Company Info
At Generali, diversity and inclusion are a critical part of our cultural transformation. We are committed to promoting a culture of inclusion that celebrates people's singularity and diversity with particular attention to disabilities, culture, and gender. Leveraging diversity to create long-term value: this is Generali. It is our differences that make the difference!
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