# Senior ALM Manager, Group Insurance

**Company**: Finance
**Location**: Central, Hong Kong Island
**Experience**: senior
**Job type**: full-time
**Category**: Insurance
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612241582?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/job/senior-alm-manager-group-insurance-46fd61a4-725/

## Description

We are currently seeking a high calibre professional to join our team as a Senior ALM Manager, Group Insurance.

In this role you will:

- Drive delivery across the ALM community by supporting ALM strategic developments and rollout of ALM framework across HSBC Life

- Align ALM strategic development directions across Actuarial, Finance, Risk and Investments functions at Group and local insurance levels

- Support Group and local ALM teams in developing and refining ALM models and strengthening ALM and hedging capability at Group and local entities

- Plan and execute reviews of ALM exercises, including assessment and challenge of Strategic Asset Allocations (SAAs) and strategic hedging strategies complementing the SAAs; prepare concise materials for governance

- Support and develop ALM optimisation under IFRS 17 and local solvency regimes, including new RBC regimes Hong Kong and C-Ross in China

- Contribute to evaluation of new product development and new investment initiatives, from ALM point of view

- Lead governance activities, including overseeing model governance in line with Group Model Risk policy, and ALM procedures, and escalating issues to the Head of ALM as appropriate

- Support the ALCM HUB implementation to drive synergies across Group Insurance Finance and entities, strengthen asset–liability strategy, and enhance balance sheet decision-making

To be successful you will need:

- Qualified actuary with strong experience in life insurance companies or consulting in a similar ALM-focused role

- A clear communicator able to engage senior stakeholders across the business and with the ALM community within HSBC Life entities

- Knowledge of IFRS 17 reporting and relevant solvency regimes in HK and China

- Experience in derivatives hedging and investments is an advantage

- Experience delivering ALM work using SunGuard Asset Liabilities Stochastic (ALS) platform (or equivalent stochastic ALM tooling) is an advantage

- Ability to drive delivery through a pragmatic project approach: clear framework, clarity on content and deliverables, effective stakeholder engagement and management

- Strong influencing skills and ability to work with international and virtual teams

- Strong quantitative and analytical skills, including ability to “think outside the box”

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## Skills

### Required
- actuarial
- ALM
- IFRS 17
- solvency regimes
- derivatives hedging
- investments
- SunGuard Asset Liabilities Stochastic (ALS)
- project management
- stakeholder engagement
- quantitative analysis

### Nice to have
- experience in life insurance companies
- consulting in ALM-focused role
- knowledge of solvency regimes in HK and China

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Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612241582?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)