Overall risk management, including enterprise risk management and operational risk management
Distribution payroll and administration
Preparation of required financial reports:
Quarterly and annual reports (local RBC, CGAAP)
Dynamic Solvency Testing and Stress Test Reports
Others (including business cases for M&A and other investments as required)
Monthly MIS on financial performance metrics
Monitor and provide advice to senior management on actuarial & financial matters.
Provide direction to day-to-day actuarial and finance areas.
Manage solvency and capital position.
Develop and co-ordinate investment strategy for the General Funds and ensure successful implementation of the strategy by working closely with Asia General Accounts Investment team - via the monthly and quarterly Investment Committees (IC) and seeking approval where necessary from AALCO and the local Board.
Co-ordination and preparation of materials for Audit Committee, Investment Committee and Board as required.
Co-ordinate and manage relationships with :
IA, AMCM, MPFTC concerning financial and actuarial matters
Be an integral part of the Manulife HK & Macau executive leadership group, leading the business direction and execution
Member of the Asia Finance Leadership Team
Key member of working committee with exclusive bank partners in driving business results and relationship
Uphold and be a champion of Manulife's values
Be responsible to recruit, develop, appraise and manage a high-powered Actuarial and Finance team
Participate in appropriate industry leadership groups and forums
Key Performance Indicators
Consistent, accurate reporting and MIS
Commercial advice to the business
Earnings, NBEV, product margins, persistency
Expenses managed within plan
Capital managed within plan
ALM and investment performance
Customer satisfaction on products and investment earnings on par fund
Risk management
Employee Engagement
Education and Experience
15 years insurance experience
10+ years of leadership experience
Qualified Actuary or
Chartered Accountant / CPA
Strong insurance background
Experienced life insurance executive
Proven leadership
High collaborative skills
Clear business vision and acumen
Understanding of distribution models, systems and processes
Strategic Thinking
Presentation skills and Influencing skills
Clear communication skills
This Position Description is intended to describe the general nature and level of the work being performed by employees in this job. It is not intended to be a complete list of all responsibilities, duties and skills required for this job classification.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html .
Manulife is an Equal Opportunity Employer
Benefits
Vision insurance
Additional Information
General Description:
This position is responsible for financial management, profitability, capital management and solvency of Manulife International Limited to meet the growth objectives and goals within parameters monitored by all relevant local regulators.
Manulife · Hong Kong