Responsibilities:

1. Ensure AXA Group’s Risk Management Standards, policies and frameworks, are established and followed accordingly with appropriate adaption to AXA HK’s operating condition, if needed

2. Support the Audit Risk & Compliance Committee (ARCC) and Board Risk Committee on all General Insurance (GI) risk related matters, both technically and logistically

3. Support the GI Risk team in establishing and ensuring an effective 2nd line of defense by providing technical 2nd opinion and/or support in:

• GI independent reserving 2nd opinion review
• Producing regulatory ORSA report (and related deliverables) and setting the annual Local Target Capital levels
• Setting / enhancing governance procedures and providing reviews in relation to various GI Hub initiatives
• Annual review and validation of reinsurance strategies (and assistance in modelling of large claims), analysis of retention limits, catastrophe reinsurance capacity etc. Ensure reinsurance cover is sufficient, not excessive, and cost efficient
• GI Product Approval Process, Group Referral Process (both direct and reinsurance treaty business), and review of Portfolio Management Process
• Support CRO to provide 2nd opinion on Strategic Plan
• Data quality validation in reinsurance data submission with respect to annual Catastrophe Reinsurance quotation process, AXA Group reporting on reinsurance treaties and facultative for Solvency II purpose and data quality on annual atypical modelling.
• Support in identification of emerging risks
• Underwriting & claims practices

4. Support the maintenance of the complete Risk Appetite Framework, including annual setting of indicator limits, risk limits determination and quarterly risk position quantification in all GI related risks

5. 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

6. Develop and drive specific GI risk mitigation strategies e.g. follow up on independent review or audit, both externally and internally etc.

Qualifications:

• At least 3 years of relevant experience in General Insurance industry in the area of actuarial, underwriting or risk management
• Professional designation: working towards qualifying as a Fellow General Insurance Actuary from any major actuarial institutional body
• Confident in challenging the 1st lines in all aspects relating to GI risk matters and demonstrates the ability to work collaboratively with business partners to achieve a best practice outcome
• Strong people communication and presentation skills in English and preferably Cantonese

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 51 markets and serving 94 million customers worldwide. Our purpose is to act for human progress by protecting what matters.

As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation.

We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company.

AXA is an equal opportunity employer. We are committed to promoting 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 maximise their personal potential.

Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company.

Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits) , Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).