FIND YOUR 'BETTER' AT Blue Cross

We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we’d love to hear from you.

About the Role

Responsible for providing actuarial services covering all aspects of the insurance business and financial control, including valuation calculations, statutory reporting, risk assessment and premium setting

Roles and Responsibilities:

Actuarial Valuation:

• Support to run IFRS 17 financial reporting and RBC statutory reporting on a regular basis, ensure detailed analysis on variances in key financials and identify underlying key drivers behind financial results; lead auditor engagement for regular reporting
• Support the preparation of IFRS17 for the company where the PAA methodology for General Insurance differs from GMM and VFA under Life insurance. Liaise with other parties of Group to ensure accurate reporting as well as smooth integration to the Group system
• Prepare RBC for Blue Cross highlighting difference to IFRS17 basis and corresponding implications.  

Financial Management:

• Support to perform regular forecast on financial KPIs, highlight the risks and opportunities of financial management for meeting Group's financial objectives; Assess the impacts from assumption changes to facilitate the decisions

Governance & Controls:

• Ensure standard methodology for process & controls, process being clearly documented audit trail of actuarial valuations including data, models, assumptions and analysis to support the delivery of high-quality financial results and analysis

Ad-hoc Analysis:

• Perform the ad-hoc analysis or impact assessment to reveal the financial implications; Identify areas on improving the efficiency and optimizing the reporting process through operational improvement and automation

Others:

• Ability to work independently and as a team, work with supervisor and provide  mentorship to subordinates to ensure delivery of reporting, management information and analysis in an accurate and timely manner.

Minimum Job Requirements:

• University / College graduate in Actuarial Science or related fields
• Minimum 2 years of relevant experience
• Good progress in Actuarial professional examination
• Knowledge in general insurance products, HKRBC and IFRS 4/ IFRS 17 will be an asset
• Sound knowledge in IFRS 17-related actuarial and accounting system, e.g. SAS sub-ledger is a plus
• Good command of written and spoken English and Chinese
• Proficient in MS Office and data analysis techniques is required

Others:

• You are required to obtain the relevant license(s) if your job involves regulated activities

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.