Insurance Authority

Assistant Manager (GI Actuarial)

Insurance Authority

IA now invites applications for the following position:

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

Key Responsibilities

  • Support in subject matter expert topics, where the team provides expert support across teams and divisions. Topics include GI Reserving, Nat Cat Modelling and other RBC regime related topics.
  • Support in developing the Risk-based Capital solvency regime and the monitoring approaches or analytical indicators for supervisory focus
  • Keep abreast of the developments of insurance industry, conduct researches and conduct industry-wide reviews
  • Provide support in developing legislation, rules and guidelines on insurance supervision
  • Support in liaising 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
  • Part-qualified actuary with a minimum of 3 years’ 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 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.

More job information
Salary
Benefits
  • 5-day week
  • Dental plan
  • Insurance plan
  • Medical plan
Job Function
Location
  • Southern District
Work Model
  • On-site
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 3 years - 8 years
Career Level
  • Entry level
Education
  • Degree