OneDegree is an InsurTech company, with a virtual insurer license granted by the Hong Kong Insurance Authority in 2020 Since then, we have grown quickly into the leading Hong Kong virtual insurer with an ambition to bring consumers a seamless and instant insurance and claim experience through technology. We currently offer multi-line digital insurance products, including pet, medical, fire and home insurance for individuals, and cyber security and digital asset insurance for enterprise businesses.
We are seeking a highly skilled and motivated Assistant Finance Manager / Finance Manager to lead our finance team. This role is critical in ensuring robust financial management, regulatory compliance, and strategic decision-making. The ideal candidate will have a strong background in financial reporting, team leadership, and cross-functional collaboration.
Responsibilities
- Financial Reporting and Controlling
- Lead the preparation of monthly consolidated reports across multiple business units and entities.
- Oversee regulatory submissions, including financial and risk-based capital reports, to the Hong Kong Insurance Authority.
- Manage year-end audits in collaboration with external auditors and ensure compliance with IFRS standards.
- Enhance reporting efficiency by streamlining processes and implementing automation tools.
- Strategic Planning and Analysis
- Develop and monitor financial projections and budgets in alignment with organizational goals.
- Collaborate with departments such as R&D, Marketing, and Product teams to optimize resource allocation and achieve financial targets.
- Provide actionable insights through KPIs, including acquisition costs, loss ratios, and payment sensitivity analysis.
- Internal Controls and Compliance
- Strengthen internal controls by establishing clear authorization metrics, expense guidelines, and reconciliation procedures.
- Ensure adherence to risk valuation standards and corporate policies.
- Cross-functional Support
- Partner with Product, Claims, and Customer Care teams to improve payment workflows and customer satisfaction.
- Support system migrations to maintain data accuracy and streamline financial processes.
