AVP, Quality Assurance - Chong Hing Insurance Company Limited

Responsibilities:

• Stay up-to-date with changes in regulatory requirements, guidelines and industry standards related to underwriting and reinsurance in Hong Kong
• Ensure compliance with relevant laws, regulations, and codes of conduct governing the insurer's underwriting and reinsurance activities as well as internal policies
• Monitor industry developments and regulatory changes, and update the organization's compliance framework accordingly
• Review and analyze underwriting policies, procedures, and guidelines to ensure compliance with regulatory requirements and industry standards
• Review underwriting submissions, reinsurance contracts, and other relevant documents to verify compliance
• Oversee reinsurance arrangements, including treaty and facultative agreements, to ensure compliance with regulatory requirements and industry standards
• Conduct regular compliance monitoring and reporting on underwriting and reinsurance activities
• Ensure that policies and procedures are aligned with regulatory requirements and industry standards

Requirements:

• Bachelor's degree in Law, Business, Finance, or a related field
• Professional certification in compliance, insurance, or a related field (e.g., CPC, CIC, FLMI, ANZIIF)
• At least 8 years of experience in compliance, underwriting, or reinsurance in the insurance industry, with a focus on handling underwriting and reinsurance business
• Strong knowledge of Hong Kong insurance regulations, guidelines, and industry standards related to underwriting and reinsurance
• Excellent analytical, communication, and problem-solving skills
• Ability to work independently and as part of a team
• Proficient in both spoken and written English and Chinese, fluent in Putonghua is an advantage