
Avp, Risk, Asia
1 week ago
**Description**:
The AVP, Risk plays a key role supporting the Risk function of the Asia BU, whose responsibilities include:
- Overall supervision of the risk management system
- Performance of the Own Risk and Solvency Assessment (ORSA) or equivalent
- Monitoring, validation and analysing economic capital requirements
- Risk identification and assessment in relation to the Asia BU
- Carrying out ‘second line’ risk management in relation to the business and operations, including risk monitoring and assessment, and providing risk management tools and guidance
- The production of risk management information
- Oversight of the implementation and ongoing compliance with the risk management framework of the Pacific Life Re Division
- Recording and investigating operational events and supporting a strong risk management culture
- Reporting to appropriate RIBM and Pacific Life Re Division bodies, including the Division Risk Management Committee and the Asia Risk Management Committee
**Qualifications & Experience**:
- A relevant professional qualification, preferably with 7+ years’ relevant business experience, ideally in an insurance environment
- Preferably an understanding of:
- Risk management frameworks and how to implement and maintain them
- Use and implementation of economic capital models
- Actuarial processes and requirements, including assumption development and modelling approaches
- Relevant aspects of the regulatory environment
- Relevant financial reporting standards
- Strong understanding of life (re)insurance industry
- Ability to work independently and proficient in Microsoft Office tools
**Key Skills**:
- Demonstrates an appropriate level of technical skills for their role and an appreciation of current issues affecting their profession and the life reinsurance industry;
- Ability and confidence to provide robust challenge to colleagues, including senior management, and a willingness to challenge the status quo;
- Ability to communicate complex concepts and information to a variety of stakeholders (management, regulators, board, staff) both orally and in writing
- Is able to build good rapport and relationships both externally and internally;
- Communicates in a clear and practical manner both verbally and in writing;
- Shows initiative, flexibility and resourcefulness;
- Takes responsibility for the quality, completeness and accuracy of work;
- Critically evaluates and challenges current work practices;
- Is able to deal with challenging deadlines and prioritises effectively;
- Provides accurate and timely updates and escalates issues appropriately;
- Shares information, knowledge, and experience openly.
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