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Financial services
Detailed Descriptions
Latest Position and Perspective in Hong Kong

Increasing demand for experienced professional actuaries to meet market development

The market demand for experienced professional actuaries is going to increase in the coming years in light of the development in the local regulatory regime and international standards of the insurance sector, in particular the implementation of the Risk-based Capital Regime, the International Financial Reporting Standards 17 – Insurance Contracts, etc.

Overseas talents are required to meet market demand in the near future while it takes time for local graduates to obtain qualifications and acquire adequate experience.

Description of Tasks

Actuaries with expertise in carrying out actuarial valuation related to the establishment’s product pricing, assets and liabilities management and risk management, and supervising the preparation of valuations and reports as required.

Typical Qualifications

First degree in actuarial science, mathematics, statistics, economics, commerce or business administration; and at least 3 years of post-qualification experience in actuary-related field.

Enquiry on the Profession

Financial Services and the Treasury Bureau