Description - External
Some careers grow faster than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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 in Singapore is the combination of AXA Singapore and HSBC Insurance. Here 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 in Singapore 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 combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create 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 a Head of Corporate Actuarial.
Principal Responsibilities
Actuarial responsibilities in HSBC Life are split between the Appointed Actuary (regulatory deliverables such as RBC2 reporting and discretionary benefit decisions) and the Head of Corporate Actuarial (corporate actuarial deliverables such as financial reporting and the modelling and assumptions supporting these, and strategic actuarial projects). The Head of Corporate Actuarial will work closely with the Appointed Actuary, and will also work closely with the CFO and CEO of INSP to formulate business strategy and to maximize business development opportunities.
- Review the profitability of all lines of business.
- Set, monitor and review product and business profitability objectives for the life business in view of business profitability, risk tolerance level
- Have significant influence on business strategy as well as business development plan
- Work closely with the Head of Financial Reporting and Control to ensure financial reporting is robust.
- Provide expert advice to the senior management of INSP including CEO, CFO and CRO.
- Coach, train and motivate a team of actuaries to provide actuarial advice to the INSP Management team
- Provide actuarial advice and support to the INSP Board and Management team on ad-hoc basis on various initiatives
- Implement relevant group policies
- To discharge compliance responsibilities by implementing Compliance policy and procedures
- To discharge the Business Money Laundering Control Officer's responsibilities by implementing anti-money laundering policy and procedures
Qualifications - External
- Min. 10 years of experiences in Actuarial.
- Deep understanding of and expertise in IFRS17.
- Excellent communication skills.
- Project management experience, organizational skills and ability to think innovatively.
- Experience preparing and/or conducting briefings and interfacing at all levels of management.
- Need to attend Board meeting and Audit Committee.
- 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.
You’ll achieve more when you join HSBC.
http://www.hsbc.com/careers
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.
Issued by The Hongkong and Shanghai Banking Corporation Limited.
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