Job Description

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 specialise 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 a Senior Associate, Actuarial Services. Principal Responsibilities

• The jobholder is responsible for providing assistance to the valuation, stress testing and other reporting requirements in the Actuarial Services Department to support business needs
• The jobholder supports the computing of reserves and capital requirements for solvency monitoring, solvency projections and business planning purposes
• Perform valuation projects assigned which may involve solvency, balance sheet and profit & loss management, bonus investigation, stress testing, etc.
• 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
• Work closely with the group office and external Actuarial consultants, ensuring adherence to the HSBC guidelines and statutory regulations

Requirements
Requirements

• University graduate in a relevant discipline in Actuarial Studies, with good progress in actuarial exams of an international recognized actuarial body
• 2 years or above of Actuarial experience, candidate with less experience will be considered for Associate position
• Excellent communication skills, both written and spoken
• Good technical, analytical and problem solving skills
• Team player with good interpersonal skills and positive attitude
• Hands-on experience in Prophet 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.