The position will be responsible for leading a team of valuation actuaries to provide actuarial support, advice and technical expertise in all aspects of matters related to actuarial valuation.  Also, the role holder is responsible for strict compliance with all the local statutory requirement applicable to Cigna Hong Kong, including but not limited to IFRS, Insurance Authority reporting, HK RBC.  In addition the role holder play an active role in the Asset-Liability Management for the company.  Furthermore the role holder has to ensure all Cigna internal guidelines are met on actuarial reserving basis, financial reporting, capital and risk management.  This individual plays a key role to develop the valuation team through training, coaching, planning and prioritizing resources.

Job Responsibilities:

• Ensure timely and quality completion of the main actuarial tasks such as actuarial reserving processes under HK statutory basis, IFRS reporting, HKRBC reporting, and Insurance Authority reporting

• Own the Asset-Liability Management function for the company to ensure adjusted investment return is optimized within the company’s risk appetite.

• Own the agenda for the Investment and Asset Liability Committee meeting and support CFO/Chief Actuary accordingly

• Drive the capital management for the company, including the annual capital plan and regular forecast.  Partner with finance team on cash flow forecasting to develop optimal asset allocations

• May also perform US GAAP valuation, and other actuarial and financial analysis such as business plan,  VNB & EV reporting, as needed

• Recommend the assumptions setting for actuarial reserving and financial projection based on the results of experience studies

• Ensure all the valuation processes compliance with local regulatory regimes, company internal guidelines and SOX requirement

• Manage and provide guidance to all the members in the valuation team and support the professional development of actuarial studies in the actuarial department

Job Qualifications:

• Bachelor degree with FSA, FIA, FIAA or equivalent actuarial designation

• As least 8 years of actuarial experience in life insurance industry

• Strong knowledge in Hong Kong Statutory, USGAAP and IFRS accounting standard

• Excellent analytical skill with strong PC skills and knowledge of EXCEL and ACCESS

• Good communication and interpersonal skill with good command of both English and Chinese

• Able to work under pressure and think independently

About Cigna

Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you’ll enjoy meaningful career experiences that enrich people’s lives. What difference will you make?

What d