Chief Actuary Officer

4 weeks ago


Shanghai, Shanghai, China Allianz Full time
Working place: Shanghai, China

Reporting line: Chief Finance Officer, Allianz China Life

Number of direct report: 3

Team Size: over 20

Working language: Chinese, English

Objectives of the Role:

The role is to direct and organize the actuarial functions, provide actuarial advice to CFO/Executive Committee, in order to maximize the value of business to shareholders in the long run. There is also a fiduciary duty to the Board of Directors and the Regulator.

The key responsibilities are:
  1. Review and ensure proper pricing for all products
  2. Review and arrange necessary reinsurance arrangement
  3. Ensure that dividend philosophy is properly set up and dividend scales are properly recommended
  4. Compute and manage the solvency of the company in collaboration with Risk Dept
  5. Perform experience analysis and ensure the reasonableness of actuarial assumptions on pricing / valuation / planning
  6. Proper provision and reporting on the liabilities of insurance policies and to ensure the adequacy of reserves
  7. Perform business projection and other necessary actuarial reports, e.g. EV report
  8. Ensure cost of sales compensation are properly appraised
  9. Give recommendations and opinions on the management of the OE's insurance / underwriting risks as well as on the OE's solvency position.
  10. Build a strong actuary team
  11. Other tasks assigned from reporting manager.
Qualifications

• Master or above in actuarial, insurance or finance related

• At least 10 years of experience in the Actuarial area, at least 5 years of managing experience in the Finance or Actuarial area

• At least 3 years post qualification from a recognized Actuarial body (e.g. Society of Actuaries, Institute of Actuaries)

Key Competence

• Good understanding of Insurance Business.

• Strong analytical skills

• High integrity level

• Good communication skills

• Good role model

• Ability to motivate the department staff

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let's care for tomorrow.

Note: Diversity of minds is an integral part of Allianz' company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.

  • Shanghai, Shanghai, China HSBC Full time

    We are currently seeking an experienced professional to join our team. In this role, you will: l Define product strategy which takes into account the diversity of segments and channel culture differences through the proposition and design. l Implement the defined product strategy with execution excellence. l Lead & drive the execution of new product...


  • Shanghai, Shanghai, China HSBC Full time

    We are currently seeking an experienced professional to join our team. In this role, you will: l Define product strategy which takes into account the diversity of segments and channel culture differences through the proposition and design. l Implement the defined product strategy with execution excellence. l Lead & drive the execution of new product...


  • Shanghai, Shanghai, China AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...


  • Shanghai, Shanghai, China AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...


  • Shanghai, Shanghai, China AIA Group Ltd Full time

    At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial...

  • Actuarial Assistant

    2 months ago


    Shanghai, Shanghai, China Hannover Re Full time

    If you want to experience how things are done in our office Hannover Re Shanghai, China, start planning your next career step with us and join our collaborative team on a permanent, full-time basis, commencing at the earliest possible date as a Actuarial Assistant.Your TasksClosely monitor and accelerate statement checking process Analyze data from actuarial...


  • Shanghai, Shanghai, China Hannover Re Full time

    Let's connect: We are looking for a Chief Executive Officer (CEO) to head the Hannover Re Shanghai Branch in China. Your primary responsibility is to lead Hannover Re's teams in China with strategic vision and expertise. You can look forward to Lead the team to achieve high engagement and performance at all levels Create and maintain an environment...

  • Actuarial Associate

    2 weeks ago


    Shanghai, Shanghai, China Gen Re Full time

    Your Role You are a member of the Asia Life/Health Regional team supporting data management and analytics initiatives, as well as other related actuarial activities for internal and external clients in Asia. Your Key Responsibilities Perform data management tasks such as data collection and cleaning, data extraction, transformation, as well as loading...


  • Shanghai, Shanghai, China Page Executive Full time

    About Our Client Our client is a commercial stage in-licensing pharmaceutical company focusing on addressing the unmet clinical needs in the Southeast Asian and Middle Eastern markets.Their pipeline is build upon cooperation with global pharmaceutical and biotech players with key focus area in Oncology, Metabolic, Ocular, CVS and Dermatology disease....


  • Shanghai, Shanghai, China Page Executive Full time

    About Our Client Our client is a commercial stage in-licensing pharmaceutical company focusing on addressing the unmet clinical needs in the Southeast Asian and Middle Eastern markets.Their pipeline is build upon cooperation with global pharmaceutical and biotech players with key focus area in Oncology, Metabolic, Ocular, CVS and Dermatology disease....

  • Actuarial Associate

    4 weeks ago


    Shanghai, Shanghai, China General Re Corporation Full time

    Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health...

  • Actuarial Associate

    2 weeks ago


    Shanghai, Shanghai, China General Re Corporation Full time

    Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health...

  • Actuarial Associate

    4 weeks ago


    Shanghai, Shanghai, China General Re Corporation Full time

    Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health...

  • Actuarial Intern

    2 weeks ago


    Shanghai, Shanghai, China Milliman Full time

    About Milliman Milliman is among the world's largest providers of actuarial, risk management, and related technology and data solutions. Our consulting and advanced analytics capabilities encompass healthcare, property and casualty insurance, life insurance and financial services, and employee benefits. With more than 4,800 employees and revenue of...


  • Shanghai, Shanghai, China AIA Group Ltd Full time

    FIND YOUR 'BETTER' AT AIAWe 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...


  • Shanghai, Shanghai, China American International Group, Inc. Full time

    Your future team As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG's...


  • Shanghai, Shanghai, China American International Group, Inc. Full time

    Your future team As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG's...


  • Shanghai, Shanghai, China American International Group, Inc. Full time

    Your future team As an actuary at AIG, you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk. Our Actuaries are on the frontlines, quantifying risk, pricing insurance and reserving losses for AIG's...


  • Shanghai, Shanghai, China Kistler Group Full time

    As a strong leader located in our Office in Shanghai and a member of the extended Executive Committee of Kistler Group, you move Kistler China into the center of gravity of the Kistler Group by implementing our China strategy of profitable growth. Chief Operating Officer Kistler China Your Tasks: Manages all operations of the Operation Center...


  • Shanghai, Shanghai, China HSBC Full time

    The job holder is expected to be an independent and objective body that reviews, monitors and manages investment asset related projects and/or issues in asset management and asset liability management. Where appropriate, the job holder shall provide advice to and via the Chief Investment Officer and other senior executive in general on investment proposals,...