Life Risk Manager

Overview Job Title Life Risk Manager Reports To Head of Life Risk Management Division/Department Office of the President Job Purpose To develop and maintain a best-practice risk management capability that is embedded across the business. To develop and drive a sound, open and pro-active risk culture, working closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed. Responsibilities Risk management framework Ensure that effective risk management framework is established and implemented to comply with AXA Group, regional and relevant international and statutory risk management standards. Assist management in identifying and assessing the risks which they face including emerging risks. Understand the operating environment, and assist and guide each function to develop risk control measures and mitigation strategies. Continually improve and identify new and effective risk metrics that inform management about trends in risk outlook for targeted areas of risk. Formal risk opinion Provide pro-active, formal second opinion on key financial or other business decisions, including but not limited to investments, ALM, product development & pricing, capital management, distribution compensation. Actively contribute in certain management committees, such as the Product Management, Investment & ALM, and Audit & Compliance committees. Express opinions clearly and ensure key issues are highlighted and addressed, ensuring that any proposals are compliant with Regional and/or Group standards, mitigation actions are implemented, submissions to Regional Risk committee are of high quality. Risk culture Participate in the company’s Risk committee to ensure that senior management regularly reviews the risk profile of the business and associated mitigation plans. Drive a sound risk culture, promoting open discussion within the business, debate and challenge across functional units, independent peer review as norm in key decisions, pro-active management of risks & issues. Work closely and collectively with functional units to support management in ensuring their key risks are identified, assessed, reported and managed. Provide high-quality input to product development teams to contribute to good product design, pricing & governance, to investment teams during ALM or other investment proposals to ensure proper asset strategies, and the like. Skills and Qualifications Educational Qualifications Associate member of a recognized actuarial institute, CERA or member of other risk institutes preferred. Less than this generally qualifies for officer level only. Graduate degree (post-graduate, preferred) in Mathematics, Actuarial Science, Statistics, Economics or other course relevant to Risk. Relevant Experience About 5 years experience in financial services, including minimum 2 years in life insurance actuarial or related work. Less than this qualifies for officer level only. Experience in asset-liability management, product pricing and development, investment, capital management, financial analysis and projection, valuation or similar work. Personal Characteristics/Behaviors Demonstrable leadership, and strategic and critical thinking. Effective at analyzing problems, synthesizing relevant information, identifying key issues and recommending appropriate solutions. Able to collaborate effectively with multiple customers and/or colleagues outside own team. Excellent verbal and written English communication skills required Good negotiation and influencing skills Other Requirements #J-18808-Ljbffr