Director, Capital Management & Solvency

AIA Hong Kong and Macau; Hong Kong; Presencial; HKD 1 200 000 - 1 800 000; Tempo integral

Resumo da oferta

AIA Hong Kong and Macau seeks a seasoned Head of Capital Management to lead a high-performing team across capital planning, risk and reporting. You will drive capital efficiency, oversee ORSA, stress and sensitivity analyses, and coordinate with Finance, Risk, Investment and Actuarial colleagues to deliver integrated plans and compliant submissions.

In this role you will engage regulators and Group Office, present at board level, and shape the 3-year solvency strategy while ensuring timely

Qualificações

• University / College graduate in Actuarial Science, Mathematics and Statistics, Business Administration or related subject with at least 10 years’ experience in life insurance.
• Fellowship in Actuarial professional examination.
• Strong people management and analytical skills.
• Strong communication, presentation and project management skills.
• Ability to deal with multiple priorities.
• Solid experience and knowledge in insurance product, corporate actuarial work, statutory / economic / EV / IFRS reporting & regulatory filing, solvency & capital management.
• Proficiency in MS Office. Knowledge in Actuarial Software, e.g. Prophet is an advantage.
• The incumbent is required to obtain relevant license if the job involves regulated activities.

Responsabilidades

• 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.
• 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).
• 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 capital assessment of AIA Global business expansion and material strategic initiatives, clearly setting out capital needs, return, solvency resilience and credit-rating implications before key decisions are made.

Conhecimentos

Capital management

Financial reporting

Stakeholder management

Regulatory compliance

Risk management

Formação académica

Actuarial/Mathematics background

Fellowship in Actuarial

Ferramentas

Prophet

MS Excel

Descrição da oferta de emprego

AIA Hong Kong and Macau seeks a seasoned Head of Capital Management to lead a high-performing team across capital planning, risk and reporting. You will drive capital efficiency, oversee ORSA, stress and sensitivity analyses, and coordinate with Finance, Risk, Investment and Actuarial colleagues to deliver integrated plans and compliant submissions.

In this role you will engage regulators and Group Office, present at board level, and shape the 3-year solvency strategy while ensuring timely