Assistant Actuarial Manager, Valuation - Hang Seng Insurance - Hang Seng Bank (HK)

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join Hang Seng 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, Hang Seng offers opportunities, support and rewards that will take you further.
Insurance
Hang Seng Bank was one of Hong Kong's bancassurance pioneers with insurance business footprint started since 1965. Over the years, Hang Seng Bank has been committed to serve its customers by providing full spectrum of insurance products including Life Insurance manufacturing, distribution of General Insurance and Medical products, and MPF business.

Insurance is a fast-growing business and is one of the key drivers of Hang Seng Bank. As a well-established insurance entity, we take care of every need of our customers with an optimized service excellence through the Bank's retail and commercial network, with a dedicated team of professionals in place.
We are currently seeking a high caliber professional to join our department as Assistant Actuarial Manager

Principal Responsibilities

• Manage to produce the Cash flow and CSM results according to the IFRS 17 Target Operating Model
• Perform analytical review of IFRS17 result including financial reporting, business projection, and assumption setting
• Support regulatory reporting
• Coordinate with Finance to communicate IFRS17 result with senior stakeholder
• Ensure robustness of new models and operational efficiency of new processes and activities, such as market condition update (MCU) and forecasting
• Ensure proper control and validation in place under the new governance and control framework
• Coach junior staff

Requirements

• University degree in actuarial sciences or related
• Minimum 4 years of experience with proven exposure in reporting processes and the reporting control environment
• Strong interpersonal skills with proven ability of planning and problem solving
• Good progress in actuarial exams of a recognized actuarial organizations
• Proficiency in both English and Chinese

RBW

You'll achieve more when you join Hang Seng Bank Limited.

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Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.

Issued by Hang Seng Bank Limited