Assistant Manager And Actuary - HSBC Life

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.

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 Assistant Manager And Actuary .

Principal responsibilities

· Provide support in delivering the financial and business analyses for managing the product portfolio of the company, which involves all line of life products including universal life, participating products, non participating products and Investment Linked Assurance Schemes products.
· Assist in building actuarial model in accordance with the Group standards.
· Provide rate tables for Life Admin System.
· Prepare user requirement of sales illustration.
· Assist in business profitability analysis, and in depth product review and analysis
· Support Business As Usual tasks on life supports, Guidance Note 16 reprojection and management information reports.
· Be responsible for production of special quotations and responses to customer enquiries.
· Be responsible for the development and maintenance of the illustration tools for special quotations and bespoke policy benefit illustrations.
· Support regional Centre of Excellence business, including local and regional product and actuarial best practices in relation to Universal Life products management.
· Work closely with business units distributing products to ensure product management is aligned and professionally executed.
· Share knowledge and provide guidance to the contractors in the Product Management team
· Motivate and guide the self development of junior staffs

Desired profile

Qualifications :

Requirements

·  University Graduate in Mathematics or Actuarial Studies
·  Solid working experience in actuarial field within life insurance or reinsurance settings, which includes pricing, valuation, reporting, and asset liability management
·  Solid experience in life insurance industry in Hong Kong is preferred
·  Possess strong technical and programming skills
·  Be a self motivated and proactive self starter with the ability and attributes to act and perform with minimal direction or instruction
·  Possess strong interpersonal and communication skills

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.