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Manager (Policy and Development)

Insurance Authority

  • Company Industries:Charity/Social Services/Non-Profit Organisation

Job Information

  • Post Date:2022-09-07
  • Career Level:Middle
  • Location:Southern Area
  • Yr(s) of Exp:5 years
  • Qualification:Degree
  • Employment Type:Full Time, Permanent
  • Job Function:Accounting  Financial Analyst  Insurance  Actuarial  Banking / Finance  Risk M
  • Benefits:Dental insurance, Education allowance, Life insurance, Medical insurance, Performance bonus, Work from home, Five-day work week,

Job Description

The scope of work of the Policy and Development Division covers the following:
  • Draw up regulatory policies and requirements for the insurance sector
  • Formulate and co-ordinate proposals to enhance global competitiveness and sustainable development of the insurance industry
  • Liaise and collaborate with standard-setting bodies, financial regulators and industry bodies, both local and overseas
  • Engage industry practitioners and relevant stakeholders to solicit ideas and gauge feedback on issues of mutual interest or concern
  • Provide secretariat and administrative support for statutory committees
Reporting to the Senior Manager (Section Head), Policy and Development, the incumbent will assume the following:

Key Responsibilities
  • Assist in the formulation of policy initiatives and market development strategies to strengthen Hong Kong as a global risk management centre and regional insurance hub
  • Liaise actively with industry stakeholders, government agencies and other financial regulators on market development initiatives
  • Assist in the administration of an incentive scheme for insurance-linked securities
  • Research on global and local issues and trends concerning the insurance industry
  • Provide secretarial support for internal and external meetings
  • Perform other duties as assigned by senior management to facilitate the administration of the statutory functions of IA

Requirements
  • A Bachelor's degree or professional qualification in finance, insurance, actuarial science, economics, laws, accounting, public administration or related disciplines
  • Minimum 5 years’ relevant work experience in insurance, risk management, financial services, public administration and/or related fields
  • Self-driven and resourceful, with strong analytical and communication skills
  • Strong command of written and spoken English and Chinese
  • Capable of operating effectively in a multidisciplinary team environment
  • Good knowledge of the insurance industry and financial markets would be an advantage

Remuneration Package
A competitive remuneration package commensurate with the successful candidate’s experience and qualifications will be offered.

Application
Review of the applications will start as soon as possible and continue until 21 September 2022, or until the post is filled. Interested applicants may send a letter of application quoting the reference number in the heading, together with a full resume stating current and expected salaries by clicking "Apply Now".

The Insurance Authority is an equal opportunities employer. Applicants not invited for an interview within 2 months from the submission date may assume their applications unsuccessful. Applications may be considered for other suitable positions within IA. All applications will be handled in strict confidence and the information collected will only be used for recruitment purposes. All information on non-shortlisted applicants will be destroyed after 6 months from the submission of their applications.

Company Info

The Insurance Authority (IA) is an insurance regulator established under the Insurance Ordinance (Cap. 41). The principal function of IA is to regulate and supervise the insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders. 

IA now invites applications for the following position:

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