Actuarial AD RBC - Global Insurer

Location: Hong Kong

Job Description

We are seeking a highly skilled and experienced professional to join our Actuarial Department as a Senior Manager/ Associate Director, Capital Management. The successful candidate will be responsible for capital management, RBC production, and supporting the broader actuarial functions within the organisation.

Key Responsibilities

• Lead and manage capital management initiatives, including capital optimisation, planning, and allocation.
• Oversee RBC production processes, ensuring accuracy, timeliness, and regulatory compliance.
• Develop and implement strategies to optimise capital efficiency and solvency positions.
• Provide insights and recommendations on capital management frameworks, policies, and methodologies.
• Support risk-based capital modelling and analysis to inform business decision-making.
• Engage with internal and external stakeholders, including regulators, to communicate capital-related matters.
• Collaborate with finance, risk, and actuarial teams to drive integrated capital management solutions.
• Monitor changes in regulatory requirements and assess their impact on capital adequacy and risk frameworks.
• Develop reports and presentations for senior management and board-level discussions.
• Drive continuous improvement in capital monitoring, reporting, and forecasting capabilities.

Requirements

• Bachelor’s degree in Actuarial Science, Finance, Mathematics, or a related field.
• Fellowship qualification with a recognised actuarial body (e.g., FIA, FSA, FIAA) preferred.
• Minimum of 8 years of experience in actuarial, capital management, or financial reporting roles.
• Strong technical expertise in capital management, regulatory capital frameworks, and RBC production.
• Proficiency in risk-based capital modelling and analysis.
• Experience working in the insurance or financial services industry.
• Solid understanding of local regulatory requirements and global capital adequacy standards.
• Ability to interpret complex financial and actuarial data to provide strategic recommendations.
• Exceptional problem-solving, communication, and stakeholder management skills.
• Proficiency in financial modelling tools and actuarial software.
• Strong leadership capabilities with experience in managing teams and projects.

Preferred Skills

• Experience in capital planning and optimisation in an insurance context.
• Knowledge of IFRS 17 and its impact on capital and financial reporting.
• Familiarity with economic capital modelling methodologies.
• Proven track record of engaging with regulators and external stakeholders on capital-related matters.