Associate Director, Financial Risk Management
AIA
- Hong Kong
- Permanent
- Full-time
- Perform risk assessments on a wide range of financial risk topics such as strategic asset allocation, internal capital and solvency management, inforce management, product and reinsurance pricing.
- Provide timely and constructive feedback while working with local BU risk officers to develop risk mitigation strategies which are practical and commercially sound.
- Develop and/or review standards, guidance notes, templates and other governance “tools” to support financial risk management processes in local BU’s.
- Risk Appetite Statement & Tolerances: Primary accountability for the development, maintenance, and monitoring of the Group’s Risk Appetite Statement, principles and tolerances for the Group.
- Own Risk Solvency Assessment (“ORSA”) & Recovery Plan: Support the development of the annual ORSA and Recovery Plan for AIA Group, and identify potential business actions deriving from these analyses.
- Stress & scenario testing for capital planning purposes: Develop and apply the Group stress testing framework to monitor the Group’s solvency and financial strength both on an actual and prospective basis.
- Analyze and identify key risks of inforce portfolio, to generate value-adding insight for risk management purposes.
- Compile, review and provide expert commentary on insurance risk metrics and watchlists, working to the standard of reliability and clarity which is required for submissions to the Group Financial Risk Committee.
- Participate in financial risk-related ad-hoc projects based on senior management requests or external developments.
- Minimum 10 years’ actuarial experience in a life insurer/reinsurer
- Significant practical experience in the fields of life insurance/reinsurance capital management or product pricing or internal economic capital model
- Fellowship in a recognized international actuarial professional body
- Assertive, self-motivated and customer-orientated
- Sound problem solving and decision-making skills
- Strong leadership skills with the confidence to challenge consensus views
- Good communications and interpersonal skills
- Time management skills
- Strategic planning skills
- Computer literate in MS Office