The appointee will be required to-

• (a)Devise the operational details and technical guidelines for implementing the key recommendations of the Voluntary Health Insurance Scheme (VHIS);
• (b)Assist in the setting up of a regulatory agency under the Food and Health Bureau (FHB) to oversee the implementation, enforcement and operation of the VHIS, to investigate cases of non-compliance, to handle complaints concerning the VHIS, etc.;
• (c)Work out the technical guidelines and interface with the regulatory agency regarding compliance with the requirements of the VHIS;
• (d)Assist in overseeing the progress of the consultancy studies on various specialised topics of the VHIS and ensuring the quality of the deliverables.

Candidates should have:

• (a)A University degree in accounting, actuarial science, economics, finance, mathematics, physics, operation research or statistics;
• (b)Fellow membership of at least one of the following professional bodies: - Society of Actuaries, United States of America; - Institute of Actuaries, Australia; - Institute and Faculty of Actuaries, United Kingdom; - Canadian Institute of Actuaries; or - Casualty Actuarial Society, United States of America;
• (c)A minimum of three years post-fellowship full-time working experience, of which at least two years of experience in health insurance product development and / or health insurance policy administration in Hong Kong; and
• (d)A minimum of Level 3 / Grade C in HKCEE or equivalent in both English and Chinese languages, or equivalent.