AVP, Actuarial Valuation - HSBC Life

Some careers grow faster than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an AVP, Actuarial Valuation.

Principal Responsibilities

• The jobholder is responsible for guiding the team working on the business planning, stress testing, Economic Capital and other reporting requirements in the Life Actuarial Department to support business needs and reports to the Head of Economic Capital and Stress Testing
• The jobholder is responsible for Business Planning, Prophet Model Testing & Model Governance and regular update to various management committees
• The jobholder will also provide support on Balance Sheet optimization projects and ad-hoc projects
• The jobholder works closely with the regional office, external actuarial consultants, internal & external auditors and regulators, ensuring adherence to the HSBC guidelines in the IFIM and statutory regulations

• Newly/Nearly Qualified Actuary from a recognized Actuarial examination body
• At least 6 years of Actuarial experience
• In depth experience with reporting processes and the reporting control environment
• Knowledge of Singapore reporting standard, RBC2, is a plus
• Excellent communication skills, both written and spoken
• Good technical, analytical and problem solving skills
• Ability to work effectively under pressure with competing and at times rapidly evolving priorities
• Ability to develop cohesive working relationships with internal and external stakeholders
• Strong Prophet skills is an advantage
• Team managing experience is an advantage

You’ll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.