Overview
Capital & Corporate Finance Associate Jobs in Hong Kong, Hong Kong SAR at Generali Asia
Title: Capital & Corporate Finance Associate
Company: Generali Asia
Location: Hong Kong, Hong Kong SAR
Generali is one of the largest global insurance and asset management providers. Established in 1831, we have presence in 50 countries globally, with a total premium income of more than € 92 billion. With more than 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the Lifetime Partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.
At Generali, diversity and inclusion are a critical part of our cultural transformation. We are committed to promoting a culture of inclusion that celebrates people’s singularity and diversity with particular attention to disabilities, culture, and gender. Leveraging diversity to create long-term value: this is Generali. It is our differences that make the difference!
Capital Management and corporate finance activities are intense in the Asia Region, covering 8 different jurisdictions and Life, P&C and holding companies. The role requires understanding of insurance business and insurance accounting, and basic understanding of insurance regulation and legal matters.
Responsibilities:
Solvency and Capital
Monthly monitoring of solvency position of local Business Units (BUs), alert team members when solvency is approaching threshold (i.e. soft limits).
Update of the solvency and capital database.
Support the capital injections and debt transactions process, to have capital / sub-debt is injected timely in order to ensure local operations complies with local requirements (i.e. solvency and or liquidity requirements).
Management of the Anaplan system.
Support Financial Governance in the Liquidity Risk reporting
Support the Regional ALM process when required
Capital Management Plan
Support the Strategic Planning process on basic assessment of capital projections, ensuring alignment with Group assumptions, and on any other related requirements.
Prepare documentation for stakeholders with some degree of autonomy.
Support the preparation of the Capital and Cash deep dives meetings with Head Office.
Management of Anaplan system for capital planning
Corporate Finance
Support on Finance workstream on M&A and Bancassurance opportunities, such as with the review and analysis of the Business Plan, check on alignment with Group methodology
Support on the review and validation of valuation of participations and monitor accounting impacts such as Goodwill, impairments, etc.
Support on analysis of local BUs capital structure and capital requirements / optimization opportunities (i.e. optimization of capital employed through B/S management, interest rate hedging, simplifications of shareholding structure, etc.)
Requirements:
University graduate, major in Finance or Business Management with strong analytical background, or certification such as CFA
3-5 years working experience in Finance or similar functions, ideally with exposure to insurance industry
International experience is a plus
Basic knowledge of insurance business and operations/processes
Mature and proactive
Team player with good communication skills
Strong analytical and problem-solving ability
Adaptable, flexible and comfortable working in a fast-paced and frequently changing business environment
Ability to manage complex situations and meet deadlines
We offer 5-day work, good career prospects and attractive remuneration package to the right candidates. Interested parties please send full resume with expected salary for application.
Personal data collected will be strictly used for recruitment purpose only. All unsuccessful applications will be destroyed after two years.
