Actuarial Analyst, Product - HSBC Insurance

Job description

Some careers shine brighter than others
If you're looking for a career that will help you stand out, join HSBC and fulfil your potential.

HSBC Insurance provides a comprehensive range of life products and services to suit the every possible need of our personal, commercial, corporate, institutional and private banking customers. As a leader in new life insurance business and Hong Kong's largest administrator of retirement schemes, the business serves this diverse client portfolio from its management offices in Hong Kong and through a wide network of banking, consumer finance and insurance subsidiaries throughout the Asia-Pacific region.

We are currently seeking a high caliber professional to join our team as Actuarial Analyst, Product .

Principal responsibilities

· Assisting in product pricing including feasibility study on new products, modelling and assumption setting, preparing pricing documents and approval papers
· Preparing rate tables, calculator specification and calculation tools for system development
· Analyzing reinsurance quotations and reviewing reinsurance treaty
· Reviewing marketing materials, such as product brochure and policy provision et cetera
· Comply with internal controls and risk standards, such as Pricing Guideline, Group Insurance risk management framework including IFIM and EUC et cetera
· Set up individual life products, preparation of user requirements, review of product specification, preparation of test plan and conduct user acceptance test of related functions for new individual life products
· Manage insurance system for enhancement or upgrade on Life 400, support inforce production fixes
· Ad hoc requests from other entities, such as Group Insurance, product teams and GN16 et cetera

Desired profile

Qualifications :

Requirements

·  University Degree in Actuarial Science or Statistics or related discipline
·  Strong knowledge of Computer application software such as MS Office and Excel
·  Excellent communication, interpersonal and analytical skills
·  Strong self motivation and ability to work under pressure
·  Great sense of ownership and servicing mindset to ensure efficient and effective customer service processes
You'll achieve more when you join HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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.