Senior Expert P&C Asia
Regular Employment
Location: Hong Kong, Hong Kong SAR, HK
About the Role
This role is senior expert role and serves as the key technical specialist for the Asia Division Non-Life Actuarial Reserving Asia team on matters of:
• Regulatory reporting development across all jurisdictions in an evolving data and AI landscape
• IFRS17 migration preparation from RCP to FPSL
• Data issues across all systems including balancing the needs of regulatory vs group requirements
• Data preparation, issues and other matters arising from the major infrastructure change as part of the legacy decommissioning project
• Advancing the integration of coding applications and AI into the team
Additionally, it is expected that the role will involve mentoring junior staff and supporting their career development in an evolving environment.
Core Responsibilities
• Ownership for the development and delivery of IFRS4 standardised reporting platform for all branches inclusive of
• Automation and Maintenance of Quarterly Reserve Balances (Non-SRCS Shanghai)
• Development and Assumption setting in Planning and Projection models (including scenario testing)
• Maintenance of local required risk margins and claims handling expenses
• Support for development of simpler reporting SRCS Shanghai
• Act as the key coordinator between Asia AAs and the global team in development of automated, standardised Actuarial Valuation Reports to ensure adequate coverage and applicability to local requirements..
• Act as the key owner for resolving long-standing and emerging data issues across all aspects of the reserving process (bookings, SPIRE, LLM, IFRS17)
• Develop tools to support Global Line of Business reserving teams/SPIRE/Local AAs in bridging the gap Local Regulatory Requirements.
• Support local branch management reporting with standardisation.
• Assist in technical matters on the Legacy Decommission Project (LDP) impacting local Asia branch requirements including in collaboration with finance and risk management.
• AA SRI Singapore (for the right candidate and subject to approval)
• Mentor Junior staff
About the Team
We are part of a global team within Group Finance, working cross-functionally with colleagues in Underwriting, Client Management, Claims, and Finance. We value strong communication skills alongside technical expertise. Our work is demanding, but we encourage strong collaboration and knowledge sharing. We are committed, curious, and support one another.
About You
• Proven leadership and management skills in a global environment.
• Expert systems knowledge and understanding
• Expert understanding of IFRS4 and IFRS17 accounting bases
• High proficiency coding skills (R preferably) or willingness to learn fast
• Willingness, persistence and patience to pursue ideas to full understanding
• Experience mentoring junior staff across both technical and career development
• Fellowship qualifications from an internationally recognised actuarial organization
• Ability to collaborate with technical staff and build consensus on maximally standard solutions for non-standard problems
• Ability to work independently on solution development.
• Proficient in English; additional Asian language skills (e.g. Mandarin or Cantonese) are an advantage
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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Reference Code: 138216
Reference Code: 138216
