The scope of work of the Policy and Development Division covers the following:

• Develop or update legislation and guidelines on insurance supervision and protection of policy holders
• Introduce regulatory or other initiatives to facilitate the development of the insurance industry
• Formulate regulatory policies and supervisory requirements on insurers
• Liaise with the Government, financial regulators, industry and standard setting bodies, both local and overseas, on policy issues

Reporting to the Executive Director / Associate Director, Policy and Development, the incumbent will assume the following:

Key Responsibilities

• Lead a team of professional staff
• Involve in policy formulation, co-ordination and execution of various projects on policy initiatives (eg legislative initiatives)
• Co-ordinate and communicate with stakeholders including the Government and industry organizations; and prepare relevant materials (eg meeting materials and presentations)
• Monitor the progress of any work plan as developed and assigned by the Executive Director
• Other duties as assigned by the Executive Director to facilitate the administration of the statutory functions of IA
  

Requirements

• A bachelor’s degree in law, public administration, actuarial, accounting, insurance, business, economics or other related fields
• Minimum 8 years’ relevant experience in public administration, insurance, or other related fields. Experience in policy and regulatory related issues is an advantage
• Good understanding of the insurance industry and financial markets
• Strong leadership, analytical and interpersonal skills
• Excellent command of spoken and written English and Chinese. Proficiency in Putonghua is a plus