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Job ref no.: CT3128539-01#0574
China Life Insurance (Overseas) Company Limited

Assistant Actuarial Manager - Par Fund Management

China Life Insurance (Overseas) Company Limited

Responsibilities:

 

  • Conduct annual dividend (bonus) review and recommend dividend change proposals to the relevant Committees and Board for approval
  • Review and recommend changes to company's dividend policy and any other non-guarantee elements (e.g. crediting rates for universal life business)
  • Manage and enhance the asset share and smoothing mechanism in accordance to company's dividend philosophy
  • Manage policyholder reasonable expectation including declaration of fulfillment ratios and dealing with customer queries etc
  • Improve dividend review methodology for existing and new participating products including process enhancement and automation
  • Support the actuarial control process including data, assumption, model and results validation for dividend review
  • Oversee the solvency, liquidity and financial/non-financial risks of participating funds and support the decision making process
  • Review the new types of participating products designed by the Product Development team
  • Conduct the sensitivity and scenario testing exercise for participating business and support the risk appetite setting for participating fund
  • Monitor the performance of the participating funds against internal risk tolerance and prepare management actions
  • Document dividend report, policy and internal governance process for auditing purpose

Requirements:

  • Degree holder with 4-6 years of relevant experience, preferably in life insurance industry
  • Good progress in actuarial examination
  • Strong analytical skills and attention to details
  • Good interpersonal, communication, planning, people management skills
  • Open and proactive attitude
  • Proficiency in actuarial software (e.g. Prophet) or experience in economic scenario generation (ESG) is an advantage
  • Candidate with less experience will be considered as Senior Actuarial Analyst

Application Method

We offer competitive salary and wide range of benefits such as medical insurance, education allowance etc. Interested parties please apply with full resume including current and expected salary by clicking Apply Now or by mail to Human Resources Department,Tower A,China Life Center,One Harbour Gate,18 Hung Luen Road, Hung Hom, Kowloon,Hong Kong. 

More job information
Job ref no. CT3128539-01#0574
Salary
Job Function
Industry
Location
  • Hunghom
Employment Term
  • Permanent
  • Full-time
Experience
  • 4 years - 6 years
Career Level
  • Middle management level
Education
  • Degree
Benefits
  • 5-day week
  • Discretionary bonus
  • Education subsidies
  • Insurance plan
  • Medical plan