Job Description

About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves over 40 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit

PURPOSE

This role will support the ALM Analytics Lead to develop, maintain, and enhance the Group's asset modelling capabilities, including asset valuation models, ESG, stress testing tools etc., to enable robust asset-side analytics under a market consistent valuation framework.

KEY ACCOUNTAIBILITIES

Develop, maintain and drive automation of asset valuation models for various asset classes, including but not limited to fixed-income, alternatives, real estates, derivatives etc., including asset risk analytics such as duration, KRD, convexity, etc.
Develop and maintain Group economic scenario generator (ESG) models for various market risk factors
Support SAA/TAA and portfolio optimization exercises through asset return modelling and stochastic simulation.
Provide advice on economic risk calibrations of different asset classes
Provide timely inputs to the regular monitoring of ALM risk metrics, focusing on asset-related valuation and stress testing
Ensure model governance, data quality, validation, and controls are in place, with clear documentation and compliance with internal policies and best practice
Provide clear analysis and commentary on changes in asset risk positions
Acting as SME on asset risk analytics to collaborate with other Group and BU functions (e.g. actuarial, finance and risk teams), and provide advice on asset risk modelling as necessary
Prepare materials for GALMCO, GRC and other governance forums as necessary

QUALIFICATIONS / EXPERIENCE

10+ years of experience in asset modelling, quantitative finance or risk management
Degree in Quantitative Finance, Economics, Mathematics or related discipline
Professional qualification (CFA / FRM or equivalent) strongly preferred

KNOWLEDGE & TECHNICAL SKILLS

Solid understanding of various asset classes, including their risk characteristics
In-depth knowledge in different modelling approaches of yield curves, credit spread, equity, FX and other market risk factors
Strong quantitative programming skills (Python, R, Matlab or equivalent)
Experience with stochastic simulation techniques and economic scenario generators.
Strong analytical skills and attention to details, with focus on data quality, controls, and governance
Clear communication of results and ability to draft clear and concise commentary
Good understanding of stress testing and scenario analysis frameworks