Assistant Actuarial Manager - HSBC Life

Job description

Job description

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 Assistant Actuarial Manager .

Principal Responsibilities

·  Medical Product Pricing & Analysis
·  Conduct pricing analysis for medical insurance products, ensuring competitiveness and profitability
·  Assist in developing pricing models and methodologies based on actuarial principles and market trends
·  Support the development of premium rate structures, risk assessments, and underwriting guidelines
·  Support to refine assumptions for medical claims, utilization trends, and product performance
·  Monitor and analyze healthcare cost trends, regulatory changes, and competitor pricing strategies
·  Support in Medical Product Valuation & Reserving
·  Assist in reserving calculations and financial modeling for insurance liabilities, including IBNR reserves
·  Support in data validation, assumption setting, and stress testing related to valuation
·  Help in preparing regulatory reports and ensuring compliance with applicable financial reporting requirements

Requirements

·  Bachelor’s degree in actuarial science or related equivalent
·  3–5 years of experience in insurance product pricing, actuarial support, or risk analysis
·  Exposure to medical insurance pricing and healthcare cost analysis is preferred
·  Basic understanding of general insurance reserving, financial modeling, and regulatory reporting is a plus
·  Strong proficiency in Excel, actuarial software, and data analytics tools
·  Excellent stakeholder management and communication skills
·  Strong problem-solving skills and ability to work under tight deadlines

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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