Actuarial Manager - HSBC Life

Job level Middle
Work exp 4 Years To 6 Years
Education Bachelor Degree
Within Hong Kong
Industry Banking
Job function Banking / Finance > Account / Relationship Management
Banking / Finance > General / Operations
Banking / Finance > Retail Banking / Branch Banking
Published On 15/10/2019
ref. 0000DPTL

Some careers open more doors than others.

If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.

HSBC Life is a world-class institution where 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 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 realise 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 caliber professional to join our team as Actuarial Manager.

In this role, you will

  • Be responsible for daily actuarial working, mainly financial reporting and other actuarial analytic related issues. 
  • Provide support to other teams as needed and work with Chief Actuary’s Office to provide key analytical services.
  • Comply with regulatory requirement and IHO risk management framework including IFIM
  • Support Actuarial Analytics and Model teams in implement the new methodology, assumption and model development
  • Ensure the proper control in place as complied with the SOX and IHO standards
  • Identify any area of process streamline and execute appropriate enhancement on the day to day work flow
  • Coordinate with Finance and Chief Actuary Office in supporting the earning forecast and analysis
  • Supervise and train junior staff
  • Conduct day to day actuarial work for the financial reporting and other actuarial analytic related issues
  • Prepare the regulatory filings to authorities and industry bodies, including forms and dynamic solvency test.  
  • Ensure that the financial reporting work is compliance with the External and Internal Audit
  • Provide support to Model and Actuarial Analytics teams, including valuation of new product conversion onto the Prophet system, implementation of new methodology and assumptions and conduct the UAT in accordance with Group standards
  • Provide support on the actuarial items, reserves or PVIF, and MI information under various reporting basis, statutory and IFRS, for various stakeholders, including Risk, Local Business and IHO
  • Support the earning forecast and analysis 

To be successful in this role, you should meet the following requirements

  • Extensive experience in an actuarial role at a global insurance firm
  • University graduate in Business Administration, Actuarial Science, Business Finance or related discipline
  • Qualified Actuaries preferred
  • Corporate actuarial may be an advantage
  • Strong communication skills and good interpersonal skills 

For further details and application information please visit our career site, search under reference number 0000DPTL

You’ll achieve more when you join HSBC.


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Issued by The Hongkong and Shanghai Banking Corporation Limited