Assistant Manager, Actuarial Services - HSBC Life

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 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 Assistant Manager, Actuarial Services.

Principal Responsibilities

In this role you will

• Responsible for providing assistance to the valuation and other reporting requirements in the Actuarial Department to support business needs
• Supports the computing of reserves and capital requirements for Risk-Based Capital (RBC2) solvency monitoring
• Perform valuation projects assigned which may involve solvency, balance sheet and profit & loss management etc
• Support new product assessment, including but not limited to reserving / solvency bases review, valuation modelling requirements etc
• 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

To be successful you will need

To be considered for this role, the relevant rights to work in Singapore is required.

Opening up a world of opportunity

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.