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Job

Connecting

Director

  • Location

    Hong Kong City

  • Sector:

    BFSI

  • Job type:

    Permanent

  • Contact:

    Matt Siu

  • Contact email:

    matt.siu@claremontconsulting.asia

  • Salary high:

    0

  • Salary low:

    0

  • Published:

    over 2 years ago

  • Expiry date:

    2018-04-22

Director

Are you looking for unlimited opportunities to develop and succeed?  With work that challenges and makes a difference, within a flexible and supportive environment, we can help to achieve your dreams and aspirations.

Role Summary

A new accounting standard for insurance contracts, IFRS 17.  This represents the most significant change to financial reporting requirements ever undertaken by the insurance industry

You will lead the implementation of IFRS 17 for insurance operations in the Asia Division, drive the training of IFRS 17 to the countries, work with various areas to assess the financial and business implications of the new standard and provide the information necessary for senior management to understand and assess the implications of certain policy decisions.  This role will lead and drive results on all these areas.

Responsibilities

  • Become a subject matter expert on IFRS 17
  • Drive and conduct trainings of IFRS 17 to the local business units and other related areas
  • Lead the financial and business impact assessment of Asia and co-ordinate with other areas where required
  • Drive the implementation through working collaboratively and communicate effectively with various areas such as finance, capital management, pricing and product development, etc.
  • Support local business units in discussion with regulators
  • Key contributor in developing the valuation system requirements for IFRS 17

Qualifications

Knowledge/Skills/Competencies/Education

  • Degree holder with professional actuarial qualifications such as FSA, FIA or equivalent
  • Minimum 7 years' of relevant working experience in insurance industry
  • Solid actuarial knowledge and experience in valuation, financial reporting, pricing
  • Strong analytical and problem solving skills with demonstrated ability to work with complex financial issues and concepts
  • Strong technical/modeling skills, knowledge or experience in Microsoft
  • Access, FoxPro, VBA, AXIS an asset
  • Attention to detail
  • Good communication and relationship skills
  • Always demonstrate initiatives and commitment, and able to work independently
  • Able to manage multiple and conflicting requests from various parties
  • Effective command of English, both spoken and written

Attractive remuneration package and career advancement opportunities will be offered to the right candidate. 

 

APPLY FOR THIS JOB

Interested parties or referrals please send your CV to matt.siu@claremontconsulting.asia 

Your interests will be treated in the strictest of confidence and will be used for recruitment purposes only.