Risk Manager, Greater China & Southeast Asia

Munich Re is a global leader in reinsurance and risk solutions. We are looking for a Risk Manager to join Munich Re’s Greater China and Southeast Asia team. In this role, you will implement, maintain, monitor, and enhance the risk and capital management framework for the region, support the group risk team in assessing market risks for global projects, and fulfil regulatory requirements as second-line defence personnel for the China onshore platform. This position reports to the Chief Risk Officer, Munich Re Beijing.

Your Role

Risk Management Framework – Greater China & SEA

• Implement and maintain the regional risk management framework in line with Munich Re Group overarching standards.
• Establish and monitor key risk measures, controls and KRIs.
• Ensure alignment with regulatory frameworks including C-ROSS, HKRBC and SGRBC2.
• Identify operational risks and support the business with mitigation measures.
• Maintain high-quality documentation of methodologies, procedures and processes.
  
  

Market Risk Management

• Further develop and enhance the market risk framework, including but not limited to interest rate, equity, credit default, credit spread and FX risks in close cooperation with Munich Re Group risk functions. This includes integrating and coordinating processes for new products.
• Strengthen integration between business planning, stress testing, capital and risk processes.
• Engage actively with business units across Greater China and South East Asian countries, as well as the responsible risk teams for deals in the respective countries.
  
  

Business Partnering & Risk Deep-Dives

• Provide timely, independent risk insights to support business decisions.
• Conduct ad-hoc deep-dive risk assessments and recommend mitigation strategies.
• Drive effective risk identification and promote acceptance of assessments by business stakeholders.
  
  

Risk & Capital Reporting

• Prepare and enhance regular risk and capital reports for group and regional stakeholders including the risk teams and the relevant Excos.
• Ensure reporting consistency, clarity and timeliness as frameworks evolve.

Your Profile

• Tertiary qualifications in actuarial science, CFA, business/commerce or a risk management–related field.
• 7+ years’ experience in capital management, risk management or related functions.
• Strong past experience in market risk management and experience with hedging schemes.
• Proven ability to understand complex transactions containing both market and insurance risks.
• Broad understanding of the Life insurance industry and strong knowledge of regional regulations (China, Hong Kong, Singapore).
• All relevant qualifications as required by any regulator such as the futures industry professional qualification examination as required in the Regulations on Insurance Funds Participating in Treasury Bond Futures Trading in China.
• Strong analytical skills and sound judgement with the ability to give clear advice and propose practical solutions.

• Excellent stakeholder management and understanding of processes in large organizations.
• Adaptability, collaboration skills and commitment to continuous improvement.
• Alignment with Munich Re competencies in innovation, expertise, collaboration and decision-making.