Actuarial Analyst

7 months ago


Hong Kong, Hong Kong SAR China HSBC Full time

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. 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.

Join our fast-growing Asia Wealth Management teams

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 calibre professional to join our team as an Actuarial Analyst, HSBC Life .

Principal responsibilities

Support Senior Manager and Actuary in day to day duties and activities
Support and advise the Senior Manager and Actuary on reviewing the Economic Capital methodology, model and result of the company. To provide oversight on the Economic Capital calculation Process to ensure the process is robust and any movement in the capital requirement can be adequately explained. Communication of Economic Capital results to senior management in a layman manner, and to lead the embedding of Economic Capital into business decisions
Support and advise Senior Manager and Actuary on reviewing the profitability of all lines of business. Support the development of Insurance Hong Kong's bancassurance in respect of product development, product positioning, competitive analysis and sales incentive design in order to meet the company's strategic and business plan
Finance Actuarial, support and advise the Senior Manager and Actuary to oversee and monitor IFRS results of the company, including the reserve, PVIF and reserve adequacy under the Insurance Companies Ordinance. Responsible for review and challenge of the key economic and non economic assumptions for life business Requirements Excellent communication skills Project management experience, organizational skills and ability to think innovatively Experience preparing or conducting briefings and interfacing at all levels of management Demonstrated initiative, autonomy and commitment to process improvements Demonstrated ability to think strategically balanced with practical day to day execution Demonstrated negotiation, leadership and problem solving skills

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