Assistant Manager / Manager, Enterprise Risk & Governance

Zurich Insurance (Hong Kong); Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Zurich Insurance Group (Zurich) Hong Kong is seeking a proactive risk professional to support the Chief Risk Officer in embedding and enhancing the Enterprise Risk Management and operational risk frameworks across the Hong Kong business. You will coordinate risk and control assessments, monitor top risks, and track issues across functions, while challenging internal controls and new initiatives.

The role requires strong communication and the ability to produce clear risk reports for management

Qualifications

• Bachelor's degree in actuarial science, finance, commerce, risk management, engineering or related discipline.
• Minimum 3 years of risk management, operations, actuarial or audit experience in HK.
• Solid understanding of ERM and HK Insurance Authority requirements.
• Experience with risk metrics, data visualization or AI-enabled tools is advantageous.
• Strong communication and stakeholder management skills.
• Fluent in English; Cantonese/Mandarin an advantage.

Responsibilities

• Support the Chief Risk Officer in embedding and enhancing the ERM 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

Risk management

Governance

Stakeholder engagement

Report writing

Analytics

English proficiency

Education

Bachelor's degree in risk-related field

Tools

Data visualization

Key risk indicators

Job description

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

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With

about 53,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich's customers include individuals, small businesses, and mid-sized and large companies, as

well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. Further information about Zurich is available at

Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With

about 53,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich's customers include individuals, small businesses, and mid-sized and large companies, as

well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. Further information about Zurich is available at