Job Description

Some careers open more doors than others. If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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 is a world-class institution where 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 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 team of high-performing individuals to build skills and explore new experiences to realize the full potential of being part of HSBC. Together we pursue efficient ways of working. We harness the latest data and technology solutions to achieve meaningful outcomes for our clients. The protection we offer creates 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 a Manager, Actuarial Services. Principal Responsibilities

• Perform valuation projects assigned which may involve solvency, balance sheet and profit & loss management, bonus investigation, stress testing, etc
• Support valuation reporting work if needed
• Support asset and liability management
• Support new product assessment, including but not limited to reserving/solvency bases review, valuation modelling requirements etc
• Support assumption review
• Responsible for maintaining local Model Governance standards as per HSBC guidelines
• Complete ad-hoc projects assigned, provide guidance to junior colleagues
• Work closely with the group office and external Actuarial consultants, ensuring adherence to the HSBC guidelines and statutory regulations
• Opportunity to expose to/involve in the discussions and meetings with senior stakeholders within the organization

Requirements
Requirements

• University graduate in a relevant discipline in Actuarial Studies, with good progress in actuarial exams of an international recognized actuarial body
• 5 years or above of Actuarial experience, with some experience in life valuation is preferred
• Candidate with less experience or qualification will be considered for Assistant Manager position
• 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 manage and complete projects within timeline
• Ability to work independently, work well with others as interaction with other departments may be required
• Team player with good interpersonal skills and positive attitude
• Hands-on experience in Prophet, experience in ALS is a plus

To be considered for this role, the relevant rights to work in Singapore is required. You’ll achieve more when you join HSBC.
www.hsbc.com/careers 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.