Reserving Actuarial Manager

As a Reserving Actuary, you will join the Finance function, working independently and taking initiative to provide critical Reserving insight directly to the business. The role will include traditional reserving analysis and business insight, but also exposure to capital and cashflow modelling, and other finance and business topics, with regular exposure to a wide range of senior stakeholders. This role provides a unique opportunity to take a “whole P&L” knowledge and responsibility – this is fundamentally important to the success of our business.

Job Responsibilities:

• Owning Reserving analysis, communication, and output for various lines of business – applying technical and business skills
• Regular and clear communication to senior stakeholders (internally, regulators, auditors), using Reserving insight to identify the strategic actions we can take to improve our business
• Coordinating with the local HK business, and regional teams, to help manage the Reserving process, and identify issues/roadblocks before they happen
• Development of efficient processes to tightly integrate our processes/data/knowledge into the future reporting framework
• On-going monitoring and analysis of RBC implementation, actively applying actuarial skills and insurance knowledge to optimize use of financial resource, for example by maintaining a strong link between Finance and Investment Management
• Understand and explain both our IFRS 4 and IFRS 17 Reserving analysis (i.e. impact of changing payment patterns on discounting)
• Support other Reserving and PPM tasks – audit, P&R, Planning etc…

Job Requirements:

• Strong attention to detail, curious and enthusiastic to understand all details of your work
• Bachelors Degree in Actuarial Science, Statistics, Mathematics, Computer science or a related subject
• 5+ years of experience in an actuarial role within P&C insurance, ideally some experience in Hong Kong
• Near-qualified or qualified status with one of the major Actuarial bodies
• Strong analytical and problems solving skills is essential
• Knowledge of IFRS 17 is essential. Any knowledge of HK RBC regime would be highly beneficial.
• Knowledge of ResQ, R and/or SQL
• Strong English language communication skills, and ideally Cantonese or Mandarin skills

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? 

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great! 
Join us as we constantly explore new ways to protect our customers and the planet.
 

• Location(s):  HK - Hong Kong