Area:All Cities
Industry Category:Sciences
Position:Actuarial / Statistics
Department:
Number Of Recruits:several
Nature Of Work:Full Time
Gender Requirements:Male
Marriage Requirement:No marital status restrictions
Education Level: College Diploma
Work Experience:No work experience restrictions
Age:Above 18 years old
Salary Package:Negotiable
Job Purpose
To develop and maintain a best-practice risk management capability that is embedded across the business.To develop and drive a sound, open and pro-active risk culture, working closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed.Key Accountabilities
Ensure that effective risk management framework is established and implemented to comply with AXA Group, regional and relevant international and statutory risk management standards.Assist management in identifying and assessing the risks which they face including emerging risks. Understand the operating environment, and assist and guide each function to develop risk control measures and mitigation strategies.Continually improve and identify new and effective risk metrics that inform management about trends in risk outlook for targeted areas of risk.Provide pro-active, formal second opinion on key financial or other business decisions, including but not limited to investments, ALM, product development & pricing, capital management, distribution compensation.Actively contribute in certain management committees, such as the Product Management, Investment & ALM, and Audit & Compliance committees.Express opinions clearly and ensure key issues are highlighted and addressed, ensuring that any proposals are compliant with Regional and/or Group standards, mitigation actions are implemented, submissions to Regional Risk committee are of high quality.Participate in the company’s Risk committee to ensure that senior management regularly reviews the risk profile of the business and associated mitigation plans.Drive a sound risk culture, promoting open discussion within the business, debate and challenge across functional units, independent peer review as norm in key decisions, pro-active management of risks & issues.Work closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed.Provide high-quality input to product development teams to contribute to good product design, pricing & governance, to investment teams during ALM or other investment proposals to ensure proper asset strategies, and the like.Qualifications
Associate member of a recognized actuarial institute, CERA or member of other risk institutes preferred. Less than this generally qualifies for officer level only.Graduate degree (post-graduate, preferred) in Mathematics, Actuarial Science, Statistics, Economics or other course relevant to Risk.Minimum 5 years relevant experience in health, financial services, life insurance, etc.Solid experience in Health insurance