Assistant Manager, Actuarial Pricing - HSBC Insurance


Job Description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC.  As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey.  If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers have more impact than others. 

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC Life is a world-class institution where 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 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 realize 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.

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

We are currently seeking a high caliber professional to join our team as an Assistant Manager, Actuarial Services

Principal responsibilities

  • The jobholder is required to liaise and coordinate actuarial and risk inputs with local Capital and Reporting Actuarial teams, as well as Products, Distribution, Operations, Investment and Finance Teams based locally. There exists a need to ensure a close working relationship and regular connectivity with HSBC Group and Hong Kong colleagues as well as other external parties involved in the product development and product maintenance life cycle.

  • The role will have ad hoc liaison with the Products, Distribution and Policy Servicing teams to closely support with client requests around in force policy statement updates, post sales illustrations, channel incentive analysis, marketing campaign setup.

  • The candidate will manage the monthly reporting which is due for reporting internally to Finance and Product Committees. In doing so, there is a requirement to investigate, understand report and unusual trends and identify business drivers in accordance with the profitability results.

  • The role may have ad hoc involvement working on risk management related projects including addressing market risk mitigation, insurance risk review, and operation risk management.

  • There may occasionally be exposure to other non-product development activities as well as involvement in department wide exercises such as periodic experience studies updates, financial stress tests, board reports, regulatory initiatives, systems infrastructure upgrades, sales tools and marketing support.

  • The jobholder will be supporting the Head of Pricing to safeguard the financial health of the insurance company and protect the interest of policyholders as well as in ensuring the statutory responsibilities under the Insurance Act are met.


  • University graduate in a relevant discipline for example Actuarial Science, Statistics, Economics

  • Qualified actuary from a recognized actuarial examination body.

  • Experience with Prophet, Excel and PowerPoint is a must.

  • Relevant years of actuarial experience, pricing experience is preferred

  • Sharp communication skills will be important as clear business connectivity is required.

  • Engaging and open minded working attitude with emphasis on being a good team player.

  • Meticulous with a keen eye for detail in risk assessment and profitability analysis.  

You’ll achieve more when you join HSBC.

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

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

Issued by The Hongkong and Shanghai Banking Corporation Limited.

Job Field : Insurance

Primary Location : Asia Pacific-Singapore-Singapore-Singapore

Schedule : Full-time Shift : Day Job

Type of Vacancy : Country vacancy

Job Posting : 07-Jul-2020, 09:46:24 Unposting Date : 12-Jul-2020, 17:59:00

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