Senior Vice President, Structured Solutions

4 weeks ago


Kwun Tong District, Hong Kong SAR China Peak Re Full time
Senior Vice President, Structured Solutions (Life & Health Business)

2 days ago Be among the first 25 applicantsCompany Overview:

Peak Reinsurance Company Limited (“Peak Re” or the “Company”) is a Hong Kong-based global reinsurance company. Since commencing its operations in 2012, the Company has grown steadily to rank 27th among global reinsurance groups in terms of net reinsurance premiums written. The Company reported a net profit after tax of USD160 million against reinsurance revenue of USD750 million in the first half of 2023 (six months ended 30 June 2023). With a total equity of USD1,260 million as of 30 June 2023, Peak Re enjoys an “A-” rating by AM Best. Peak Re is authorised by the Insurance Authority of Hong Kong under the Insurance Ordinance (Cap. 41). The Company offers both Property & Casualty (“P&C”) and Life & Health (“L&H”) reinsurance, striving to provide clients around the globe with innovative and tailored reinsurance, risk management and capital management solutions.Job Responsibilities:Lead in the marketing and client communications, structuring reinsurance solutions with a focus on capital motivated solutions, pricing, modelling, risk analysis, and other structuring activities in a capital efficient way and a timely manner.Assess and analyse risk exposure in potential transactions and prepare documentation of these risks in detailed risk analysis reports.Review and provide timely feedback on work, including data, assumptions, modelling, sensitivity testing, and documentation. Participate in ad-hoc department projects as needed.Assist risk management and operations personnel with monitoring experience of in-force treaties.Perform other duties as assigned.Job Requirements:FIA, FSA, or Equivalent Certification. CFA qualification is a plus.More than 12 years of actuarial experience in Life Insurance/Reinsurance or relevant non-insurance experience.Solid experience in structuring and pricing Risk and Capital Oriented Reinsurance solutions, Strategic Asset Allocation, Asset Yield Enhancement, Hedging, improving illiquid premium, and duration matching reinsurance solutions.Deep understanding and practical knowledge of solvency/capital regimes/accounting rules for major Southeast Asian markets; knowledge of other markets, such as Hong Kong, China, Bermuda, Solvency II, and Swiss SST, is a plus.Good oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.Strong investigative, analytical, and problem-solving skills.Ability to balance detail with departmental goals/objectives.Ability to translate business needs and problems into viable/accepted solutions.Ability to manage multiple projects and/or teams simultaneously.Seniority Level

Mid-Senior levelEmployment Type

Full-timeJob Function

Other

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