Senior Manager, ALM Strategy and Portfolio Management job in Hong Kong

Hong Kong Sun Life Financial Inc.

Job Ref:	JR00095565
Employer:	Sun Life Financial Inc.
Sector:	Investment Life Insurance Professional/Financial Services
Qualifications:	Fully Qualified Actuary
Software:	Excel VBA
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	Hong Kong
City:	Hong Kong
Post Code:	Not specified
Map:	(Show on map)
Description
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. Job Description: Job description (heading) / Description du poste (titre) Support the First Line of Defense function adopting the Three Lines of Defense (TLD) framework. Manage all Market Risks including interest rates, equity, credit spread, currency, liquidity, derivative risk, etc. Hedging strategies and hedge cost valuation Market risk tolerance limit (MRTL) sensitivity testing (Market Risk) EaR reporting Formulate and analyze ALM strategies for insurance and surplus funds to drive business performance success and support diverse ALM initiatives with collaboration with multiple stakeholders, including Hong Kong, Regional Office and Corporate. Analyze and prepare regular and ad-hoc reports and projects related to ALM risks (including interest rate, equity, credit spread, currency, and liquidity risks) ensuring adherence to operating guidelines. Actively manage to the local guidelines to ensure Compliance with Corporate Financial Risk Management Policies. Provide advice on value driven initiatives to drive/ enhance Financial results. Deliver on the execution/ application of the "Best Practice" ALM practice in Hong Kong to fully leverage the Global ALM Practice. Develop and maintain ALM asset and liability models used for financial projection, analysis and IFRS17 reporting. Streamline existing reporting processes by developing tools and recommending new methodologies to improve the efficiency of production process. Support local Asset Liability Committee, ALM working group meetings and Crediting Rate Committee with SLHK Leaders & Regional Office Lead and steer ad-hoc ALM related projects Preferred skills (heading) / Compétences particulières (titre) Strong understanding of liability and life products Actuarial and financial risk management knowledge Solid Knowledge in financial reporting, including IFRS17, CGAAP and HK RBC reporting Knowledge of ALM strategy development / modelling / portfolio construction is an asset Knowledge of investment (including derivatives) preferably within an insurance company Proficient in Microsoft Excel, preferably with VBA Experience in AXIS modelling is a plus. Ability to manage multiple priorities and to deliver according to deadlines Ability to coach and guide analyst and deliver the tasks efficiently Ability to manage multiple priorities and to deliver according to deadlines Ability to develop / enhance reporting tools in Microsoft Excel Ability to coach and guide analyst and deliver the tasks efficiently Qualifications (heading) / Compétences (titre) Degree holder in Actuarial Science, Mathematics / Statistics, Engineering or Finance Qualified actuary 6+ years of Actuarial experience; preferably with 2+ years in ALM / Investment / Financial Risk within a life insurance organization Responsibilities (heading) / Responsabilités (titre) Reporting to the AVP, ALM Strategy and Market Risk Management. This role would also require the candidate to work closely and help to manage relationships with actuaries, finance, ALM and investment professionals in supporting ALM related assignment. Job Category: Actuarial Posting End Date: 14/06/2024

ref: (JR00095565) 12 days ago

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Senior Manager, ALM Strategy and Portfolio Management job in Hong Kong

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