Regional Risk Actuary, Asia

Primary Details

Time Type: Full time

Worker Type: Employee

To assist in the provision of services in risk management, capital management and other analytical risk activities. Maintain databases and reporting functions; provides input into business decisions through the risk analysis of trends and business opportunities and conduct analysis of business needs in compliance with the Group derived risk management framework.

Responsibilities :

• Lead quantitative assessments of risk and capital including risk appetites, underwriting, claims and reserving reviews.
• Assist in the overall development and execution in relation to Capital Modelling control frameworks and services to ensure business objectives are met.
• Develop and improve risk dashboards, risk policies and governance processes that enhances risk management and culture.
• Identify and quantify top insurance risks across Asia/Hong Kong and put together agenda to review, assess, and implement actions to manage exposures.
• Conduct annual and quarterly business plan stress testing.
• Assist with preparation of risk and capital reports for regulatory submissions on annual basis.
• Maintain and comply with documentation of key capital modelling processes and policies to ensure.
• Compliance with all material legal and regulatory requirements.
• Adherence to relevant actuarial standards and good practice.
• Delivery of relevant internal and external reporting.
• Monitor and stress test capital positions.
• Develop insurance risk management policies, including new processes and procedures.
• Ensure risk exposures captured and managed within risk management framework.

Requirement :

• 5+ years of experience in general insurance industry working in the above areas.
• Strong skills in data analysis and reporting.
• Advanced Excel skill and other analytical tools.
• Effective written and verbal communication and influencing skill.
• Good problem-solving skill.
• Ability to organize own work within defined procedures and meet deadlines.
• Ability to work independently but in a team environment.
• Part qualified / qualified – Casualty Actuarial Society, Actuaries Institute Australia, or equivalent body.
• Experience of working within the actuarial function for general insurers.
• Preparation of risk dashboards and reports on insurance risk.
• Business plan stress testing and capital management preferred.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.