Data-Driven Actuarial Leader for Business Innovation

2 days ago


Hong Kong, Central and Western District, Hong Kong SAR China HSBC Full time
Job Description

At HSBC, we are 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.

Company Overview

HSBC is a world-class institution with a dynamic and innovative workplace. Our team of high-performing individuals is empowered to build skills and explore new experiences to realise the full potential of being part of HSBC.

We pursue efficient ways of working by harnessing 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.

Role Summary

We are currently seeking a high calibre professional to join our team as an Assistant Actuarial Manager, Business Analytics. This role will involve producing new business metrics (NB CSM and VNB) for financial reporting and internal MI reporting.

Key Responsibilities
  • Produce new business metric (NB CSM and VNB) for financial reporting and internal MI reporting.
  • Support analytical review for new business management, including sensitivities, analysis of change, business projection, assumption change impact, and IFRS17 VFA eligibility and onerous assessment.
  • Coordinate with various teams (Finance, Product, Pricing, Modelling as well as IFRS reporting team) to facilitate new product launch, such as accounting opinion, system and model development.
  • Involve in impact analysis and actuarial model implementation for business changes, such as new product implementation, new management practice, methodology change and reinsurance initiative.
  • Ensure robustness of new models and operational efficiency of reporting process after new products launch and business change.
Requirements
  • University graduate in Actuarial Studies or related discipline.
  • Good progress in actuarial exams of a recognized actuarial organizations.
  • Team player with good interpersonal skills and positive attitude.
  • Proficient problem solving and analytical skills.
  • Preferred experience in IFRS17.
Salary Information

The estimated annual salary for this role is between $80,000 to $110,000 depending on location and qualifications.



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