Manager, Risk Management

Overview Join to apply for the Manager, Financial Risk Management (Actuarial background preferred) role at CTF Life . This position reports directly to the Head of Financial Risk Management ("Head of FRM") with focus on financial and insurance risk management. Strong candidates with less experience may be considered for Assistant Manager position. Responsibilities Support the Head of FRM on developing and implementing the risk management policies and controls on financial and insurance risk areas; oversee regulatory solvency risk and perform holistic forward-looking risk and solvency assessments. Identify, assess, monitor and report financial risks (e.g. market, credit), insurance risks (e.g. persistency, morbidity, mortality, expense) and liquidity risk in collaboration with Actuarial, Product & Pricing, Investment and ALM teams. Provide risk review and opinion on new/revamp product initiatives including product features and risk implications. Liaise, influence and propose to key stakeholders possible changes in product design to achieve optimal risk and return trade-off. Develop investment limit framework; work closely with the investment team in identifying and assessing risks associated with new asset types and/or new investment proposals, and support on the review of SAA and investment plan. Prepare the annual ORSA for the company and develop stress scenarios used in stress & scenario testing for capital planning purposes. Prepare month-end expected credit loss (ECL) calculation; maintain and update the ECL methodology. Work with other risk managers in delivering meeting materials to relevant risk committees and for group reporting. Collaborate with operational risk team in risk exercises, including risk register, internal control adequacy assessment, emerging risk assessment. Support in other risk-related delivered as warranted by the CRO or Head of FRM. What we look for Bachelor’s Degree in Actuarial, Risk Management, Finance or related discipline At least 6 years of pricing, actuarial and/or risk management experience in a life insurance company or consultancy firm Qualified actuary with corporate pricing/actuarial/risk management background; CFA/FRM/PRM/CERA designation preferred Strong knowledge of financial and insurance risk management, life insurance products, ALM, and actuarial knowledge Knowledge of Bloomberg CMGR is an advantage Excellent analytical skills coupled with a pragmatic approach to problem solving Self-driven, able to manage multiple priorities, and attention to detail Strong influencing and interpersonal relationship skills to build networks across the organization Strong written and verbal communication skills with ability to cater for technical and non-technical audiences in both English and Chinese Fluent in English, Putonghua and Cantonese preferred Personal Information Collection Statement At Chow Tai Fook Life Insurance Company Limited ("the Company") we respect the privacy of your personal data and are committed to fully complying with the Personal Data (Privacy) Ordinance ("the Ordinance"). The personal data that we collect and/or hold (whether contained in this application form or otherwise obtained) includes your personal details, contact information, education and training details, employment details, financial details, and information on your social circumstances. Provision of personal data by you is mandatory for selection purposes. Personal data collected through this application will be used by the Company to assess your suitability to assume the job duties of the position for which you have applied. The Company may not be able to process your application if you fail to provide your personal data. Applicants not contacted within four weeks after the interview / test may consider their application unsuccessful. The information provided will be kept for 2 years for consideration of other suitable posts. Seniority level Mid-Senior level Employment type Full-time Job function Finance and Sales Industries Insurance #J-18808-Ljbffr