Associate, Actuarial Services - HSBC Life

at  HSBC

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 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 an Associate, Actuarial Services.

Principal Responsibilities

• Responsible for providing assistance to the valuation, stress testing and other reporting requirements in the Actuarial Services Department to support business needs
• Supports the computing of reserves and capital requirements for solvency monitoring, solvency projections and business planning purposes
• Perform ad-hoc valuation tasks assigned which may involve solvency, balance sheet and profit & loss management, bonus investigation, stress testing, 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

• University graduate in a relevant discipline in Actuarial Studies
• Excellent communication skills, both written and spoken
• Good technical, analytical and problem solving skills
• Team player with good interpersonal skills and positive attitude

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

• Responsible for providing assistance to the valuation, stress testing and other reporting requirements in the Actuarial Services Department to support business needs
• Supports the computing of reserves and capital requirements for solvency monitoring, solvency projections and business planning purposes
• Perform ad-hoc valuation tasks assigned which may involve solvency, balance sheet and profit & loss management, bonus investigation, stress testing, 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 regulation