- Identify and monitor key portfolio risks, rate review triggers and financial KPIs to ensure timely action is taken when necessary
- Identifying early warning signals and managing portfolio risks such that proactive action can be taken to protect the value of the inforce and ensure its sustainability
- Facilitate the feedback loop process, ensure alignment and effective information flow between relevant cross-functional teams
- Performing portfolio deep dives to review treaty profitability and propose actions to improve treaty performance.
- Reprice reviewable rate treaties and/or provide technical peer reviews.
- Complete quantitative experience analysis and valuation for recaptures or non-contractual change on the inforce
- Driving initiatives on the inforce to deliver on key financial KPIs and inforce solutions
- Manage the production of regular and ad hoc monitoring analysis, including claims, retention/lapse, and other.
- Act as a key input provider for business steering and in-force management via monitoring experience and communicating lessons learned and reserving implications to key stakeholders
- Monitor treaty's rate review trigger or internal KPI to ensure timely action is taken when necessary.
- Support the team leader in providing referral review and approval on client treaty recapture and re-pricing activities requiring PSM/CUO sign-off based on defined referral governance authority
- Support for transactions both pre-deal as key business bound representatives, and post deal onboarding implementation
- Ensure new business is onboarded appropriately considering its risk profiles and materiality. This includes developing operating manuals for large complex deals that define clear roles and responsibilities in the ongoing management and reporting of new business.
- Nearly qualified or qualified actuary with a recognised Actuarial professional body
- Minimum 5+ years of L&H valuation or pricing experience in reinsurance or primary insurance
- Good technical knowledge in areas of liability portfolio management (e.g. experience analysis, product pricing and valuation, financial performance analysis).
- Working knowledge of IFRS 17 financial reporting and embedded valuation methods (eg. MCEV, EEV, TEV).
- Strong analytical skills, good understanding of financial reporting systems, actuarial models and data management
- Experience in regular experience monitoring and highlight/ investigate variance in experience and its root causes.
- Solid knowledge of the Hong Kong insurance market and products. Fundamental understanding of the Asian insurance and reinsurance industry, and knowledge of the main products and services offered by Swiss Re and its competitors would be a plus
- Excellent interpersonal, communication and organisational skills
- Ability to liaise with various stakeholders on different in-force management initiatives.
- Ability to navigate in ambiguity and to work autonomously.
- Fluent in written and spoken English, fluent in Cantonese is a plus.
-
Actuarial Manager
22小时前
Manulife Hong Kong, 香港 全职Job Description · Actuarial Manager / Assistant Actuarial Manager / Actuarial Specialist · The Opportunity · The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Actuarial ...
-
Sun Life Financial Inc. Hong Kong, 香港 全职You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspir ...
-
Sun Life Financial Inc. Hong Kong, 香港 全职You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspir ...
-
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
-
Actuarial Manager
22小时前
Company 28 - Manulife (International) Limited Hong Kong, 香港 全职Description · Actuarial Manager / Assistant Actuarial Manager / Actuarial Specialist · The Opportunity · The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Actuarial Man ...
-
Company 331 - Manulife Financial Asia Limited Hong Kong, 香港 全职Description · The opportunity · The Asia Valuation Shared Services Center (VSSC) is a centralized team with team members located across Asia Division servicing Asia BUs. The VSSC is responsible for providing timely and accurate liability modeling services and analytics to the A ...
-
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
-
Manulife Hong Kong, 香港 全职Job Description · The opportunity · The Asia Valuation Shared Services Center (VSSC) is a centralized team with team members located across Asia Division servicing Asia BUs. The VSSC is responsible for providing timely and accurate liability modeling services and analytics to t ...
-
Manulife and John Hancock Hong Kong, 香港 全职We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out ...
-
Actuarial Manager, HKRBC
14小时前
ConnectedGroup Limited Hong Kong, 香港 全职As an Actuarial Manager specializing in HKRBC, Reporting. You will play a pivotal role in ensuring compliance with regulatory requirements and providing strategic insights into our risk management practices. You will lead a team responsible for analyzing, reporting, and interpret ...
-
HSBC Hong Kong, 香港 全职Some careers have more impact than others. · If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers op ...
-
Aegon Hong Kong, 香港 全职Responsibilities Prepare and perform IFRS 17 financial results and corresponding analysis as needed. · Prepare and develop source of earnings analysis to provide insight on inforce profitability. · Prepare appropriate data and SoX controls for reporting process · Perform sensitiv ...
-
HSBC Hong Kong, 香港 Permanent - 全职Some careers have more impact than others. · If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers o ...
-
MatchTalent Limited Hong Kong, 香港 全职Responsibility: · Develop and maintain financial projections and analysis for insurance mergers & acquisitions · Lead life and annuity product development initiatives · Prepare client presentations and case studies · Collaborate with management consulting teams on projects · Mana ...
-
Actuarial Manager, ALM
14小时前
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
-
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
-
Swiss Re Hong Kong, 香港 全职About the Team · The Portfolio Management (PM) team forms part of L&H Portfolio Steering & Monitoring (PSM) within the Chief Underwriting Office (CUO). The PSM purpose is to generate insights and connect our business to proactively steer L&H in delivering sustainable profit. Port ...
-
AIA Group Ltd Macau, 香港 全职At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. · It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of someth ...
-
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
-
Prudential plc Hong Kong, 香港 全职Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our peop ...
Portfolio Management Actuary - Hong Kong, 香港 - Swiss Re
描述
About the Team
The Portfolio Management (PM) team forms part of L&H Portfolio Steering & Monitoring (PSM) within the Chief Underwriting Office (CUO). The PSM purpose is to generate insights and connect our business to proactively steer L&H in delivering sustainable profit. Portfolio Management APAC covers seven markets - Australia & New Zealand, China, Hong Kong & Taiwan, Japan, Korea, South East Asia and India.
As part of APAC PM team, this role reports to the Head L&H Portfolio Management Greater China and working closely with other team members. Whist this role will focus on Hong Kong and Taiwan market, it also includes participation in regional initiatives and offer great exposure to leaders at the executive level, including frequent access to Asia and Global Directors. In addition, the team works closely with other departments in L&H Community, including Pricing, Client Markets, Claims, Valuation, and Finance.
About the Role
Key Responsibilities
1) Portfolio Management: actively participate and support the team's responsibilities to provide high quality deliverables, engage and closely collaborate with Market Units, other internal partners and external clients to perform effective management of the inforce portfolios.
2) Smart Circles: actively support the establishment and facilitation of Smart Circles, by providing portfolio insights and proactively steer management actions in delivering sustainable profit.
3) Driving initiatives on the inforce portfolio to maximize value and manage risk. This includes:
4) Experience Monitoring:
5) Inforce Referrals and Transactions:
6) Support Group wide and regional projects as required, including other priorities of the L&H PSM team.
About You
About Swiss Re
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
Keywords:
Reference Code: 129021
 Limited&v=024){kind=logo}
