The key accountabilities of
this role are to:
- Ensure AXA Group’s Financial Risk Management
Standards, policies and frameworks, are established and followed accordingly
with appropriate adaption to AXA Hong Kong’s operating condition, if needed
- Support Audit Risk Compliance Committee and Board
Risk Committee on financial risk related matters, both technically and
- Support CRO in ensuring an effective 2nd
line of defense on financial risk management by providing technical 2nd
opinion on areas such as:
- Investment & ALM strategies, Strategic Assets
assumptions in different basis, Solvency II Best Estimated Liability, IFRS
& Local Statutory reserving etc.
contingencies plans to access liquidity are in place and tested annually
- Ensure that comprehensive risk profiles are
prepared, maintained and reported in the financial aspects of AXA Hong Kong’s
business through close collaboration with front line business partners such as
Investment, Finance and Actuarial team. When needed, support the annual risk
assessment process for specific functional departments such as Finance,
- Support CRO in developing specific financial risk
- Coordinate with
Investment, Actuarial and other relevant parties to assess and implement
financial risk mitigation strategies, e.g. the use of various types of
- Monitor the
controls of any investment mandate and derivatives programs being developed for
risk mitigation or other purposes
- Support the implementation of AXA Group’s Risk
Appetite & financial risk limits monitoring process by engaging in more
technical discussions at the working level, if needed
- Ensure proper compliance to various Solvency II requirements
- Enforcement of internal
model policies such as data quality, model governance, change & validation
- Support the
preparation of the Own Risk and Solvency Assessment Report
- Ensure the “Use
Test” requirements are followed such as ALM decisions are made with proper
assessment on the impact to the full range of Risk Appetite metrics
- Drive a sound risk culture, promoting open
discussion within the business, debate and challenge across functional units,
independent peer review as a norm with regard to key reports and decisions, and
pro-active management of risks and issues. Work closely and collectively with
functional units to support management in ensuring their risks are identified,
assessed, reported and managed
- At least 5 years of financial services industry
- Background in an insurance-related financial
discipline, ideally with some experience of risk management or key Investment
- Strong knowledge and experience in quantitative
finance such as the application of derivatives for hedging purposes, ALM, VaR
- Good business understanding and knowledge of the
insurance industry and awareness of risks within life insurance products is a
- Professional designation preferred, such as CFA,
FRM, CERA, FSA/ASA (or equivalent)
- Strong report writing,
presentation and verbal communication skills in English
Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.
In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.
AXA Hong Kong, a member of the AXA Group, prides itself of serving over 1 million customers in Hong Kong and Macau. Besides being one of the largest health protection providers in Hong Kong, it is also the number 1 General Insurance provider1 and a market leader in motor insurance.
AXA Hong Kong is committed to helping its customers achieve stability and prosperity through providing a comprehensive range of life, health, property and casualty protection, as well as wealth management and retirement solutions.
We believe it is our inherent responsibility to support the communities we operate in, hence creating a sustainable business via constant and considerable contribution in the dimensions of health, environment and the community.
AXA is an equal opportunity employer. We are committed to promote Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximize their personal potential.
1Based on 2013 Office of the Commissioner of Insurance market share statistics
We offer excellent career prospects and attractive remuneration package to the right candidates.