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Actuarial Intern

Other-InternNo visa sponsorship
AXA logo

at AXA

Other

Posted 8 days ago

No clicks

**Actuarial Intern - AXA Hong Kong** Support AXA HK's ALM & Monitoring team in managing market risks, conducting SAA studies, tracking investment guidelines, and developing strategic plans. Key responsibilities include quantifying risk metrics like effective duration gap using Actuarial Prophet, ensuring SAA complies with regulatory constraints, monitoring investment performance, and involvement in ad-hoc projects. Requires undergraduate study in Actuarial Science, some Actuarial exam progress, proficiency in Excel, and attention to detail. Join AXA HK, a leading global insurer committed to human progress, sustainability, and diversity.

Compensation
Not specified

Currency: Not specified

City
Hong Kong
Country
Hong Kong

Full Job Description

Responsibilities: This role will sit under the ALM and Monitoring team of the AXA HK Investment Department. Examples of tasks to be covered by this role includes: Supports the ALM team in its day-to-day management of AXA HKs market risks exposure. This includes quantification of various balance sheet level risk metrics like effective duration gap, convexity gap using the Actuarial Prophet model, as well as keeping track of the progress of the hedging program that mitigates those market risks. Supports the ALM team in the Strategic Asset Allocation (SAA) studies. Assists in defining the SAA of AXA HK to ensure a sustainable long term investment strategy with an appropriate balance of assets and liabilities, that in line with applicable risk appetites, various regulatory constraints (for both group and local, e.g., Solvency II, IFRS 17, HKRBC) and policyholder reasonable expectation. This includes Actuarial Prophet model run (both deterministic and stochastic, subject to product features), quantification of various risk metrics and preparing materials for senior management. Supports the monitoring of the investment market and AXA HKs investment portfolio. This may include, for example, to track the compliance with investment guidelines and risk limits, and to monitor the investment performance under both economic and accounting basis. Supports the ALM team in developing the strategic plan, including projecting investment income and total returns based on asset models and economic assumptions. Supports ad-hoc ALM and investment projects, for example, process transformation and automation. Qualifications: Undergraduate students major in Actuarial Science or related quantitative subjects. Some progress in the Actuarial professional exams. Interested in pursuing a career in the Actuarial field. Proficient in computer applications like Excel. Collaborative and detail minded. About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers needs and leveraging and investing in technology and digital transformation. We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company. AXA is an equal opportunity employer. We are committed to promoting Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential. Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company. Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits) , Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).

Actuarial Intern

Compensation

Not specified

City: Hong Kong

Country: Hong Kong

AXA logo
Other

8 days ago

No clicks

at AXA

Other-InternNo visa sponsorship

**Actuarial Intern - AXA Hong Kong** Support AXA HK's ALM & Monitoring team in managing market risks, conducting SAA studies, tracking investment guidelines, and developing strategic plans. Key responsibilities include quantifying risk metrics like effective duration gap using Actuarial Prophet, ensuring SAA complies with regulatory constraints, monitoring investment performance, and involvement in ad-hoc projects. Requires undergraduate study in Actuarial Science, some Actuarial exam progress, proficiency in Excel, and attention to detail. Join AXA HK, a leading global insurer committed to human progress, sustainability, and diversity.

Full Job Description

Responsibilities: This role will sit under the ALM and Monitoring team of the AXA HK Investment Department. Examples of tasks to be covered by this role includes: Supports the ALM team in its day-to-day management of AXA HKs market risks exposure. This includes quantification of various balance sheet level risk metrics like effective duration gap, convexity gap using the Actuarial Prophet model, as well as keeping track of the progress of the hedging program that mitigates those market risks. Supports the ALM team in the Strategic Asset Allocation (SAA) studies. Assists in defining the SAA of AXA HK to ensure a sustainable long term investment strategy with an appropriate balance of assets and liabilities, that in line with applicable risk appetites, various regulatory constraints (for both group and local, e.g., Solvency II, IFRS 17, HKRBC) and policyholder reasonable expectation. This includes Actuarial Prophet model run (both deterministic and stochastic, subject to product features), quantification of various risk metrics and preparing materials for senior management. Supports the monitoring of the investment market and AXA HKs investment portfolio. This may include, for example, to track the compliance with investment guidelines and risk limits, and to monitor the investment performance under both economic and accounting basis. Supports the ALM team in developing the strategic plan, including projecting investment income and total returns based on asset models and economic assumptions. Supports ad-hoc ALM and investment projects, for example, process transformation and automation. Qualifications: Undergraduate students major in Actuarial Science or related quantitative subjects. Some progress in the Actuarial professional exams. Interested in pursuing a career in the Actuarial field. Proficient in computer applications like Excel. Collaborative and detail minded. About AXA Hong Kong and Macau AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters. As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers needs and leveraging and investing in technology and digital transformation. We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles - as an investor, an insurer and an exemplary company. AXA is an equal opportunity employer. We are committed to promoting Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximise their personal potential. Our people strategies are designed to enhance employee well-being and professional growth, ultimately empowering them to excel within the company. Click here to learn more about our Benefits (https://www.axa.com.hk/en/benefits) , Culture (https://www.axa.com.hk/en/culture-and-values), & Career Development (https://www.axa.com.hk/en/career-development).