Associate Director, Actuarial

Description

Responsibilities :

• Owner of the statutory valuation of Hong Kong & Bermuda branch’s policy liabilities and risk capital; this includes at the minimum the timely and accurate reporting of the policy liabilities and risk capital quarterly and annually, preparation of the statutory forms quarterly and annually.
• Perform solvency reporting, monitoring, and sensitivity analyses across all TLB solvency bases (Bermuda, Hong Kong) and recommend actions (including quantification of impacts) to improve solvency and to manage against uncertainty.
• Perform solvency stress testing which is typically aligned with the tests performed within the ORSA, and to consider recovery plan and management actions.
• Own the projection and reporting of capital generation, including the sensitivities of capital generation.
• Own the management and governance of matching adjustment or liquidity premium as applicable to local solvency bases; including topics related to fund segregation.
• Perform the statutory duties in accordance with the Hong Kong IA & BMA regulation and other applicable regulation / legislation relating to Actuarial.
• Advise the senior management and regional office on actuarial issues regarding solvency, capital, investment, profits, product development and pricing (including oversight on premium certificate), reinsurance and others.
• Assess and provide opinion on reinsurance arrangements.
• Attend the Company’s Risk and Capital Committee Meeting or relevant Industry’s meeting
• Develop the team member’s competency through identifying and implementing learning and development initiatives.
• Perform or participate in ad-hoc regional projects as assigned.
• Provide support to TLIB statutory (actuarial) requirements.

Requirements :

Equal Opportunity Employer

Aegon Asia provides equal employment opportunities for employees and applicants throughout the employment life cycle, including recruitment and selection, promotions, transfers, training and development, compensation and benefits, performance management, disciplinary procedures, Company-sponsored social and recreational programs and termination. No one will be discriminated against because of race, color, religion, sex, age, national origin, sexual orientation, gender identity, pregnancy, family circumstances, physical or mental disability, marital status, participation in the uniformed armed services or any other status protected by law.