The Insurance Authority (IA) is an insurance regulator established under the Insurance Ordinance (Cap. 41). It replaced the Office of the Commissioner of Insurance, a government department, to regulate insurance companies with effect from 26 June 2017. The principal function of IA is to regulate and...

The Insurance Authority (IA) is an insurance regulator established under the Insurance Ordinance (Cap. 41). It replaced the Office of the Commissioner of Insurance, a government department, to regulate insurance companies with effect from 26 June 2017. The principal function of IA is to regulate and supervise the insurance industry for the promotion of the general stability of the insurance industry and for the protection of existing and potential policy holders. IA is expected to take over the supervision of insurance intermediaries from the three Self-Regulatory Organizations in September 2019.

IA now invites applications for the following position:

Assistant Manager (Long Term Business)

Job level Middle
Work exp Minimum 3 Years
Education Bachelor Degree
Location
Wong Chuk Hang
Employment type Permanent
Benefits 5-day week, Dental plan, Medical plan, MPF
Industry Government / Civil Services / Public Sector / Public Utilities
Job function Banking / Finance > Others
Government / Social Service > Others
Insurance > Others
Published On 09/11/2019
ref. AM/LTB/8/19

Reporting to the Senior Manager (Section Head) / Manager (Long Term Business), the Assistant Manager will assume the following:

 

Key Responsibilities

  • Perform prudential supervision of authorized life insurers
  • Participate in conducting inspection and monitoring life insurers' compliance with regulatory requirements
  • Other duties as assigned by senior management to facilitate the administration of the statutory functions of IA

 

Requirements

  • A Bachelor’s degree or professional qualification in accounting, actuarial science, finance or related disciplines. Qualified or partially qualified CPA / actuary is recommended
  • Minimum 3 years’ relevant experience in accounting, actuarial, audit, finance, life insurance, or regulatory fields
  • Knowledge of the local regulatory requirements, insurance products and industry practices is preferable
  • Strong analytical, interpersonal and communication skills
  • Good command of English and Chinese

 

Remark: Candidates with less experience may also be considered.

 

Remuneration Package

A competitive remuneration package commensurate with the successful candidate’s experience and qualifications will be offered.

 

Application

Review of the applications will start as soon as possible and continue until the posts are filled. Interested applicants may send a letter of application quoting the reference number in the heading, together with a full resume stating current and expected salaries by clicking .

 

The Insurance Authority is an equal opportunities employer. Applicants not invited for an interview within 2 months from the closing date may assume their applications unsuccessful. Applications may be considered for other suitable positions within IA. All applications will be handled in strict confidence and the information collected will only be used for recruitment purposes. All information on non-shortlisted applicants will be destroyed after 6 months from the submission of applications.