精算崗

The People's Insurance Co of China (HK), Ltd

Hong Kong

On-site

HKD 614,000 - 1,004,000

Full time

14 days+

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Job summary

The People's Insurance Co of China (HK), Ltd in Hong Kong is seeking an actuarial professional to join our team in Sheung Wan. You will participate in IFRS 17 monthly closing, handle actuarial assumptions and FPSL platform operations.

Responsibilities include reserve valuation, pricing model development, and RBC/C-ROSS reporting support. A bachelor's degree in actuarial or related field is required; experience in general insurance actuarial work is preferred.

Qualifications

  • Bachelor's degree or above in actuarial, statistics, mathematics, financial engineering, or related fields.
  • Understanding of IFRS 17 standard requirements, with project experience preferred.
  • Experience in actuarial work in general insurance (non-life) is preferred.
  • Possession of associate actuary or higher qualifications from China, North America, the UK, or equivalent is preferred.

Responsibilities

  • Participate in IFRS 17 monthly closing, responsible for actuarial assumptions and FPSL platform running.
  • Conduct reserve valuation and management, business quality monitoring.
  • Carry out pricing model development, product and project pricing.
  • Assist in relavent works for RBC, C-ROSS reporting.
  • Complete other related tasks assigned by superiors.

Skills

Analytical thinking
Mathematical modelling
Programming
Teamwork

Education

Bachelor's degree in actuarial, statistics, mathematics, financial engineering or related fields

Tools

FPSL platform
IFRS 17 understanding

Job description

Sheung Wan, Central and Western District

Job Responsibilities:

Participate in IFRS 17 (accounting standard) monthly closing, responcible for actuarial assumptions and FPSL (Financial Product Subsidiary Ledger) platform running.

Conduct reserve valuation and management, business quality monitoring.

Carry out pricing model development, product and project pricing.

Assist in relavent works for RBC, C-ROSS reporting.

Complete other related tasks assigned by superiors.

Qualifications:

Full-time bachelor's degree or above in actuarial, statistics, mathematics, financial engineering, or related fields.

Understanding of IFRS 17 standard requirements, with project experience preferred.

Experience in actuarial work in general insurance (non-life insurance) is preferred.

Possession of associate actuary or higher qualifications from China, North America, the UK, or equivalent is preferred.

Solid mathematical foundation, skills in programming and modelling is preferred.

Strong logical thinking, good writing skills, strong communication skills, and ability to handle pressure; team spirit and cooperation, and a proactive attitude.

Your application will include the following questions:

  • Which of the following statements best describes your right to work in Hong Kong?
  • What's your expected monthly basic salary?
  • What is your highest level of education?
  • Do you have Mathematical Modeling experience?
  • Have you worked in a role which requires a sound understanding of IFRS 17?

PICC is one of the leading insurance companies in China and plays a significant role in Chinese insurance market. Being a member of PICC, PICC (HK) strives to provide high quality general insurance services to our valued clients in Hong Kong and mainland China.

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