Insurance Authority 保險業監管局招聘

The Insurance Authority (IA) is the independent statutory body whose principal function is to regulate and supervise the Hong Kong insurance industry to promote its stable development and to protect existing and potential policy holders.

We are looking for talents who share the same vision to join us!

IA now invites applications for the following position:

Manager (GI Actuarial)

Reporting to Senior Manager (GI Actuarial, Policy and Legislation Division), the incumbent will undertake the following:

Key Responsibilities:

Lead subject matter expert topics, providing expert support across teams and divisions. Topics include GI reserving, catastrophe risk and other RBC regime related topics.
Participate in the continued monitoring and review of the Risk-based Capital solvency regime
Develop and build analytics and dashboards on the data collected under the new regime, for IA market monitoring and case supervision purpose.
Keep abreast of the developments of insurance industry, conduct researches and conduct industry-wide reviews
Provide expert support in developing legislation, rules and guidelines on insurance supervision
Liaise with industry and professional bodies on actuarial topics relating to the regulation and development of the insurance industry
Participate in IA’s information technology development projects
Perform any other duties as assigned by senior management to facilitate the administration of the statutory functions of the IA

Requirements:

A Bachelor’s degree in actuarial science, statistics, finance, insurance, computer science or related field
Qualified actuary with 6 to 15 years of relevant experience in GI actuarial practices
Experience in reserving, underwriting, claims, risk management, data analytics and/or nat cat modelling will be valued
Knowledge of the local regulatory requirements, actuarial practices, insurance products, industry practices and market dynamics of insurance business
Professional, strong business acumen, open-minded, and able to work within and across teams in a collaborative environment
Strong command of written and spoken English. Chinese language ability is 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 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".

The Insurance Authority is an equal opportunities employer. Applicants not invited for an interview within 2 months from the closing 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 close of applications.