Senior Risk Management Manager

BOC Group Life Assurance Company Ltd; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

5-day work week

Training & development opportunities

Job summary

BOC Group Life Assurance Company Ltd in Hong Kong seeks a seasoned risk leader to conduct risk assessments across initiatives such as new products, asset allocation reviews, and hedge programmes. You will monitor ALM risks, contribute to capital and liquidity discussions, and oversee capital adequacy and risk governance within a life insurance setting.

The role requires 9+ years in risk/actuarial or investment functions, strong analytical and communication skills, and proficiency in English and

Qualifications

• Degree in Actuarial Science, Risk Management, Finance, or related disciplines.
• Professional qualification such as FSA, FRM, CFA, or equivalent.
• Minimum 9 years of solid experience in risk management, actuarial, or investment functions within life insurance.
• Strong understanding of insurance capital framework, par fund management and/or risk governance practices.
• Excellent analytical, problem solving and communication skills.
• Ability to work collaboratively with cross-functional teams and senior stakeholders.
• Proficient in spoken & written English & Chinese (Cantonese & Mandarin).

Responsibilities

• Conduct risk assessment on initiatives including new products, SAA, TAA, and hedge programmes.
• Monitor and assess ALM risks and contribute to investment, capital, and liquidity discussions.
• Evaluate capital adequacy and liquidity risk for product balance sheet management.
• Lead risk governance initiatives and monitor market risks.
• Identify emerging risks and perform scenario analysis.
• Participate in regular risk reporting and ad-hoc risk projects.

Skills

Risk management

Actuarial

Analytical

Communication

Cross-functional

Stakeholder mgmt

English & Chinese

Education

Actuarial Science degree

Finance degree

Risk Management degree

Job description

Conduct risk assessment on various initiatives, including new products, strategic asset allocation (SAA) and tactical asset allocation (TAA) review, and hedge programmes, to ensure alignment with the company’s risk appetite, internal governance and regulatory requirements.

Monitor and assess Asset-Liability Management (ALM) risks and contribute to investment, capital, and liquidity management discussions.

Evaluate and oversee capital adequacy and liquidity risk to ensure product balance sheet management. Monitor and manage market and non-market risks.

Support Par fund management and investment planning from a risk perspective.

Lead investment risk management initiatives to enhance the governance framework, risk control, oversight, and monitoring of market risks.

Identify and evaluate emerging risks, conducting scenarios analysis and maintaining proactive awareness of industry and macroeconomic trends.

Participate in regular risk reporting and ad-hoc risk-related projects

Job Requirements

• Degree in Actuarial Science, Risk Management, Finance, or related disciplines.
• Professional qualification such as FSA, FRM, CFA, or equivalent.
• A minimum 9 years of solid experiences in risk management, actuarial, or investment functions within life insurance industry.
• Strong understanding of insurance capital framework, par fund management and/or risk governance practices is preferred.
• Excellent analytical, problem solving and communication skills.
• Ability to work collaboratively with cross-functional teams and senior stakeholders.
• Proficient in spoken & written English & Chinese (Cantonese & Mandarin).

We offer 5-day work week, attractive remuneration package and excellent training & development opportunities.

(Data collected will be used for recruitment purpose only.)