Senior Insurance Regulatory Reporting Manager


Salary:

$80000 - 110000 / month

Location:

Central and Western District

Date posted:

September 6, 2018

Employment type:

Temporary

Reference:

FKFM92018

Specialisation:

Project consulting


Description

The Company

This role-holder will manage the regulatory and statutory reporting of Insurance in Hong Kong (comprising 3 legal entities and 2 branch operations) to ensure all statutory and regulatory requirements are met. A limited amount of oversight over the results of Insurance's regional business is also required, initially on a 12 months contract.

The Role

  • Manage the submission of all regulatory returns to the relevant regulators in Bermuda and Hong Kong (HKMA, OCI, MPFA, and IRD) for the Insurance legal entities in Hong Kong (including its branches in Taiwan and Macau).
  • Responsible for preparing the HKFRS-based financial statements in Hong Kong (local GAAP)
  • Responsible for preparing all relevant tax calculations and for liaising with the HBAP Tax team accordingly.
  • Act as the central point of contact for all regulatory and statutory reporting matters in Hong Kong.
  • Assist in the development of the financial reporting team for Hong Kong Insurance whilst achieving optimal working relationships with the relevant offshore centre teams in India
  • Support the management of Finance in Insurance and in HBAP under the direction of the leadership team
  • Manage a team of 3 FTEs
  • Lead change as relevant to the regulatory reporting area; a significant amount of change will be required in current activities, as a result of upcoming changes in regulatory requirements by the relevant regulators in Bermuda, Hong Kong (HKMA, OCI and MPFA), Taiwan, Macau and China.
  • Work closely with the Senior Manager, Insurance Group Reporting to understand the implication of the upcoming changes in regulatory requirements by the relevant regulators in Bermuda, Hong Kong (HKMA, OCI and MPFA), Taiwan, Macau and China, and to facilitate the implementation of such changes in the reporting process.
  • Responsible for preparing the Finance related papers for the INAH Audit and Risk Committee and any corporate governance-related forums and committees.


Your Profile

  • Expert knowledge of Life Insurance accounting, reporting and capital regimes in Asia, with proven track record in Insurance Finance.
  • Expert knowledge of EV principles and business dynamics.
  • Proven record in managing in an international environment.
  • Expert knowledge and understanding of major technical components of the insurance balance sheet and their dynamics.
  • Proven leadership ability and teamworking skills.
  • Excellent communication skills and ability to manage multiple stakeholders (internal and external) and conflicting priorities.
  • Professional accounting qualification, such as ACA, ACCA or equivalent.
  • Strong sense of risk management and controls, change management skills combined with a mindset of continuous improvement and aiming for excellence
  • Immediately available highly preferred and will be considered first

Apply Today

To apply online (Word attachment only), please click the 'Apply' button. Please note that only short-listed candidates will be contacted.



Hong Kong

21st Floor, Nexxus Building 41 Connaught Road, Central, Hong Kong Island Central, Hong Kong Island +852 3653 7300
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