(Assistant) Manager, Enterprise Risk & Governance

Rural Community Insurance Agency Inc; Hong Kong; Hybrid; HKD 900,000 - 1,300,000; Full time

Job summary

Zurich in Hong Kong seeks a risk professional to embed and enhance Enterprise Risk Management and operational risk processes across the local business. You will coordinate risk assessments, review controls, and prepare insightful risk reports for management and regulators.

The role requires knowledge of HK Insurance Authority requirements, strong analytical skills, and the ability to engage senior stakeholders.

Qualifications

• Bachelor's degree in actuarial science, finance, commerce, risk management, engineering, or a related discipline
• Minimum 3 years of experience in risk management, operations, actuarial, or audit, preferably within life insurance or financial services in Hong Kong
• Good understanding of Enterprise Risk Management concepts and relevant Insurance Authority requirements, including GL21, GL10, GL14, GL20 and the Hong Kong Risk-Based Capital regime
• Experience in risk advisory and interaction with senior management or regulators is highly regarded
• Experience with risk metrics, KRIs, capital measures, data visualization, or AI-enabled tools is an advantage
• Knowledge of risk management methods and tools, including risk and control self-assessment, risk quantification, ORSA, and stress and scenario testing
• Strong business acumen, analytical and problem-solving skills, with sound commercial judgement and the ability to navigate complexity and ambiguity
• Excellent report writing, communication, presentation, stakeholder management, and influencing skills
• Ability to work independently, take initiative, and provide practical, risk-based advice and constructive challenge
• Fluent in English proficiency in Cantonese and/or Mandarin is an advantage

Responsibilities

• Support the Chief Risk Officer in embedding and enhancing the Enterprise Risk Management and operational risk frameworks across Zurich's Hong Kong business
• Coordinate risk and control assessments, top risk processes, and the tracking of issues and actions across business functions
• Review and constructively challenge internal controls, key business initiatives, new products, and material operational changes
• Prepare clear and insightful risk reports for management, the Risk Control Committee, the Board Risk Committee, Regional and Group Risk, and regulators
• Support oversight of key risk areas, including operational, investment, insurance, conduct, technology, cyber, and emerging risks
• Maintain risk governance documentation, including risk policies, committee terms of reference, attestations, and regulatory submissions
• Support compliance with Insurance Authority requirements, Zurich Group Risk Policy, the annual ORSA, risk appetite, and stress testing under the Hong Kong Risk-Based Capital regime
• Promote a strong risk and governance culture through stakeholder engagement, constructive challenge, and risk training

Skills

ERM concepts

Regulatory requirements

Analytical skills

Stakeholder management

Report writing

English proficiency

Cantonese/Mandarin

Education

Bachelor's in actuarial science/finance/commerce/risk management/engineering

Tools

Data visualization

AI-enabled tools

ORSA tools

Job description

Job Accountabilities

• Support the Chief Risk Officer in embedding and enhancing the Enterprise Risk Management and operational risk frameworks across Zurich's Hong Kong business
• Coordinate risk and control assessments, top risk processes, and the tracking of issues and actions across business functions
• Review and constructively challenge internal controls, key business initiatives, new products, and material operational changes
• Prepare clear and insightful risk reports for management, the Risk Control Committee, the Board Risk Committee, Regional and Group Risk, and regulators
• Support oversight of key risk areas, including operational, investment, insurance, conduct, technology, cyber, and emerging risks
• Maintain risk governance documentation, including risk policies, committee terms of reference, attestations, and regulatory submissions
• Support compliance with Insurance Authority requirements, Zurich Group Risk Policy, the annual ORSA, risk appetite, and stress testing under the Hong Kong Risk-Based Capital regime
• Promote a strong risk and governance culture through stakeholder engagement, constructive challenge, and risk training

Job Qualifications

• Bachelor's degree in actuarial science, finance, commerce, risk management, engineering, or a related discipline
• Minimum 3 years of experience in risk management, operations, actuarial, or audit, preferably within life insurance or financial services in Hong Kong
• Good understanding of Enterprise Risk Management concepts and relevant Insurance Authority requirements, including GL21, GL10, GL14, GL20 and the Hong Kong Risk-Based Capital regime
• Experience in risk advisory and interaction with senior management or regulators is highly regarded
• Experience with risk metrics, KRIs, capital measures, data visualization, or AI-enabled tools is an advantage
• Knowledge of risk management methods and tools, including risk and control self-assessment, risk quantification, ORSA, and stress and scenario testing
• Strong business acumen, analytical and problem-solving skills, with sound commercial judgement and the ability to navigate complexity and ambiguity
• Excellent report writing, communication, presentation, stakeholder management, and influencing skills
• Ability to work independently, take initiative, and provide practical, risk-based advice and constructive challenge
• Fluent in English proficiency in Cantonese and/or Mandarin is an advantage

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 .

• Location(s): HK - Hong Kong
• Remote working: Hybrid