Senior Manager, Group Investments (ALM Reporting)

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves over 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com

PURPOSE

This role will support the ALM Analytics Lead to define ALM metrics and reporting requirements, as well as to develop, maintain, produce and consolidate all necessary management reports related to ALM positions and risk monitoring across the Group, to enable management to make well-informed ALM decisions.

KEY ACCOUNTAIBILITIES

• •Define and roll out Group-wide ALM-related reporting requirements, with regular review to ensure ongoing appropriateness
• •Produce and monitor ALM risk metrics (e.g. duration gaps, key-rate duration, hedge ratios, etc.) across business units, and consolidate for Group management reporting
• •Develop reporting templates for business unit report and Group consolidation, and establish reporting processes and timeline
• •Automate ALM-related processes and accelerate reporting timeline to enable early indications on key risk positions and emerging trends to senior management
• •Perform sensitivity and stress testing on key ALM metrics as required
• •Provide clear analysis and commentary on changes in ALM positions
• •Ensure consistency of ALM metric definitions and reporting across BUs
• •Ensure data quality, reconciliation, and controls in all reporting outputs
• •Collaborate with other Group and BU functions (e.g. actuarial, investment, finance and risk teams) to validate data and reasonableness of results
• •Prepare materials for GALMCO, GRC and other governance forums

QUALIFICATIONS / EXPERIENCE

• •10+ years of experience in ALM, actuarial, investment, or financial risk management within insurance, preferably with experience in financial or management reporting
• •Degree in Actuarial, Finance, Economics, Mathematics or related discipline
• •Professional qualification (FSA / FIA / CFA / FRM or equivalent) strongly preferred

KNOWLEDGE & TECHNICAL SKILLS

• •Good understanding of ALM concepts (duration, KRD, convexity, liquidity, etc.)
• •Familiarity with insurance balance sheet metrics (IFRS, economic capital, solvency)
• •Solid understanding of insurance products (par, non-par, ILP etc.)
• •Solid experience in risk analytics such as stress testing and scenario analyses
• •Strong analytical skills; experience with ALM reporting tools advantageous
• •Strong attention to detail with focus on data quality, controls, and governance
• •Clear communication of results and ability to draft clear and concise commentary
• •Good understanding of stress testing and scenario analysis frameworks