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Actuarial Analyst
2 weeks ago
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. 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 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 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.
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 results of the company. Provide oversight on the Economic Capital calculation process to ensure it is robust, and any movement in the capital requirement can be adequately explained. Communicate Economic Capital results to senior management in a layman manner and lead the embedding of Economic Capital into business decisions.
- Support and advise the 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.
