Senior Manager – Risk Based Capital Actuary (RBC) recruitment

This is an exciting opportunity to join the growing team of a leading global Insurer.

Reporting to the Head of Insurance Economic Capital Management, this role will lead the development of Insurance Risk Based Capital (RBC) framework for Hong Kong and other Asian operations, whilst building the HK operations as Centre of Excellence for RBC production in Asia.

Providing actuarial services and expertise in all specialist areas of RBC, economic value and cost of options and guarantees, you will be able demonstrate your strong technical, communication and leadership skills. As a Senior Manager within this team, you will be given varying degree of autonomy to make decision depending on your knowledge and experience.

Main Responsibilities -

* Develop RBC framework and methodology in accordance with Group and international standards

* RBC to serve as an internal target capital requirement and report to Group

* Ensure timeliness, consistency, completeness, and control of RBC reporting across the region

* Embed RBC into product development, risk appetite statements, tactical and strategic asset allocation investment decisions

* Support management on managing the business using RBC

* Provide RBC analysis to relevant internal and external parties

* Work with Group on implementation of relevant RBC guidance

Experience and knowledge required -

* At least 7 years experience with minimum 3 years at post qualification and managerial capacity

* Degree holder in Actuarial Science, Mathematics, Statistics or other relevant disciplines

* Fully qualified actuaries FSA, FCIA, FIA or FIAA

* Good experience of insurance operation with sound knowledge in product pricing, actuarial valuation, financial business modeling, Investment ALM, and capital management

* Good knowledge /Experience in European Embedded Value (EEV), Economic Capital (EC) /Risk Based Capital (RBC) and Solvency II work would be an advantage.

* Good understanding of actuarial and business reality

* Be a self-motivated, pro-active self-starter with the ability and attributes to act and perform with minimal direction or instruction

* Business acumen is necessary

* Strong communication skills with high written and oral proficiency

To apply for this role please email your resume/cv to trobinson@morganmckinley.com.hk

Candidates not contacted within 4 weeks may consider their application for this role unsuccessful. Unless advised otherwise, unsuccessful candidates will be kept on file for future job opportunities.

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