Head of Economic Scenario Production (Actuarial)

About the role

We are looking for a senior actuarial professional to lead end‑to‑end Economic Scenario Generator (ESG) production for our global insurance business, covering Hong Kong and Guangzhou. The role combines model ownership, calibration governance and team leadership to deliver market‑consistent, risk‑neutral scenarios for IFRS 17 and local regulatory valuations.

Key responsibilities

• Lead ESG production delivery across HK and GZ, meeting monthly and quarterly timelines and quality standards.
• Own the calibration framework and governance for key assumptions, ensuring market‑consistent, risk‑neutral scenario outputs.
• Provide direct calibration updates and defensible commentary on market movements and their impact on valuations.
• Act as Model Owner, maintaining documentation, controls, audit trail and compliance with model risk requirements.
• Maintain robust production processes, independent review, issue management and continuous automation.
• Manage ESG vendor relationships, driving issue resolution, enhancements and contract performance.
• Lead, coach and develop a team of quantitative analysts in Hong Kong and Guangzhou.

Required profile

• Fellow of an Actuarial Institute (FIA/FSA/FSI or equivalent) with strong post‑qualification actuarial experience.
• Proven quantitative modelling experience in ESG/stochastic modelling, derivatives or market risk models, and Monte Carlo methods.
• Deep knowledge of interest‑rate modelling, yield‑curve construction, volatility and correlation concepts.
• Expertise in assumption and methodology governance, including setting, reviewing and defending calibration choices.
• Solid understanding of insurance liability risk profiles and their influence on scenario design.
• Track record of adopting advanced technology such as cloud or distributed computing to improve run‑time performance and scalability.
• Experience engaging with auditors, regulators and model‑risk stakeholders and managing third‑party vendors.

Required skills

• ESG stochastic modelling
• Monte Carlo simulation
• Interest‑rate modelling
• Yield‑curve construction
• Volatility and correlation modelling
• Cloud and distributed computing
• Model optimisation and automation