Generali is an independent, Italian Group, with a strong international presence. Established in 1831, it is among the world’s leading insurers and it is present in over 60 countries with total premium income exceeding €70 billion in 2016. With over 74,000 employees in the world, and 55 million clients, the Group has a leading position in Western Europe and an increasingly significant presence in the markets of Central and Eastern Europe and in Asia. In 2017 Generali Group was included among the most sustainable companies in the world by the Corporate Knights ranking.

To perform managerial actuarial works including:

• embedded value and new business value reporting,
• business planning, financial projections, financial analysis and budget monitoring,
• prophet modelling support of the actuarial functions, including new products, statutory reporting and Group reporting,
• special projects including regular DST, HK RBC and other ad hoc assigned by the Company. 

Key Responsibilities:

 1. To ensure financial soundness of the Company’s operations, the incumbent should assist appointed actuary to:

 a. Provide accurate liability calculations in a timely manner in fulfilling statutory requirements and in compliance with Group / Regional Guidelines.

 b. Perform investigation on the financial condition in respect of the Company’s long term business including liability adequacy test, dynamic solvency testing (DST) per AGN7, and Group embedded value report.

 c. Ensure healthy solvency position by regularly evaluating liabilities, monitoring the investment performance and managing the asset liability matching position.

 d. Conduct experience studies regularly and ensure the actuarial assumptions are supported by emerged experiences.

 e. Prepare and analyze business plan, and provide advices from actuarial aspects on how to grow the business.

f. Assist in Prophet Modelling for valuation and business planning.

Key Requirements: