Associate Director, Capital Management

AIA (Vietnam) Life Insurance; Hong Kong; Presencial; HKD 1.200.000 - 1.900.000; Jornada completa

Descripción de la vacante

AIA Hong Kong is seeking a senior Capital Management leader to drive capital efficiency, oversee reporting including sensitivity analysis and ORSA, and shape the three-year solvency and remittance plan. You will coordinate with Finance, Risk, Investment and Actuarial teams, ensuring governance compliance and effective stakeholder engagement with Group Office and regulators.

As the head of Capital Management for AIA Global entities, you will own entity capital plans, embed a customer-first

Responsabilidades

• Lead the Capital Management team to drive efficient capital generation and reporting.
• Oversee ORSA, stress testing, solvency analysis, and capital planning aligned with regulatory requirements.
• Coordinate with Finance, Risk, Investment, and Actuarial teams for integrated capital strategy.
• Act as liaison with senior management, Group Office and regulators to align capital strategies.

Descripción del empleo

Transform insights into action and impact.

At AIA, your skills, perspective and ideas can help us protect customers, balance risk and opportunity, and contribute to our Purpose of helping millions of people live Healthier, Longer, Better Lives. Across our diverse markets, you will take on real-world challenges, collaborate with talented colleagues and bring together data, technical expertise and commercial understanding to strengthen customer solutions and support sustainable growth.

Join us to shape better decisions, grow through new experiences and extend your impact across Asia.

About the Role

• Drive the company's financial performance by enhancing capital efficiency and delivering innovative capital solutions that support sustainable growth.
• Lead, develop, and inspire a high-performing Capital Management team, fostering a culture of accountability, collaboration, and continuous improvement.
• Oversee the timely and accurate delivery of all capital-related reporting, including: HKRBC quarterly sensitivity analysis, Stress testing, Capital plans and ORSA SST report
• Lead initiatives to optimize capital generation and support dividend remittance to the Group, ensuring full compliance with regulatory requirements and internal governance policies.
• Act as a key liaison with internal and external stakeholders, including senior management, Group Office and regulators, to ensure alignment on capital strategies and reporting expectations.
• Partner with Finance, Risk, Investment, and Actuarial teams to drive integrated capital planning and informed decision-making across the organization.
• Assume end-to-end accountability for the capital management and S&P credit-rating management of AIA Global, within the approved capital strategy, risk appetite and delegated authorities.
• For AIA Global, formulate entity-level recommendations, coordinate the required governance and drive approved actions through implementation, while escalating matters with AIA Group's implication.

The entities covered are AIA-I HK, AIA-I MC, AIA Co. HK, AIA Everest and AIA Global.

This role contributes to the delivery of customer outcomes that are reliable, thoughtful, and create meaningful impact for customers and society. The role holder is expected to embed a customer first mindset in all decisions and actions by developing a clear understanding of customer needs, taking end to end ownership to resolve issues, and working collaboratively across teams to continuously enhance the customer journey-both directly and indirectly.

Roles and Responsibilities:

1. Regular Financial Closing (Stress Capital and Sensitivity Testing) - Lead the team to (i) Perform reserve, capital requirement and stress capital calculation follow the internal time schedule; (ii) Ensure proper control is implemented and demonstrate to meet internal control requirement; (iii) Perform analysis on reserves, capital requirement and solvency to explain movements driven by market conditions, demographic shifts, and business strategies, and take appropriate actions. Ensure that relevant AIA Global capital movements and emerging issues are incorporated into forward-looking management advice.
2. Own Risk and Solvency Assessment (ORSA) - Lead the team to (i) Design own risk scenarios and perform the solvency risk assessment aligned with tight regulatory timeline; (ii) Review Target Capital Framework to ensure regulatory compliance while maintaining flexibility for capital management. (iii) Ensure proper control is implemented; (iv) Analyse results to interpret impacts from market, demographic, and strategic factors, and recommend management actions to drive desired outcome, and support Appointed Actuary 's sign off on Stress and Scenario Testing (SST); (v) Prepare Board-level documentation (vi) Handle regulatory inquiries and requests with clear and professional communication. Incorporate AIA Global into the relevant planning and stress-assessment processes where applicable to its legal and regulatory framework (which is governed by Commercial Insurer Solvency Self-Assessment, CISSA).
3. Capital Management and Strategic Plan - (i) Oversee current and projected capital positions through regular monitoring and analysis of fungible assets. Identify and implement actions to strengthen capital and asset fungibility.; (ii) Lead the team in developing the 3-year Strategic Plan for solvency and remittance capacity, ensuring alignment with internal timelines and coordination across planning, reporting, and Group Office teams on assumptions, models, and methodologies.
   • a. For AIA Global, own the entity capital plan and ongoing capital position, including target capital levels, solvency outlook, capital generation, funding and remittance capacity, early-warning indicators and management actions. Present recommendations to the Head of Capital and Liquidity Management, CFO and relevant governance forums, and execute approved actions within delegated authority.
   • b. Lead the capi