Head of Reinsurance - HSBC Insurance

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.

Wealth and Personal Banking (WPB) helps deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities and exceptional people. Our international network and breadth of expertise enable us to support individuals, families, business owners, investors and entrepreneurs. Wealth and Personal Banking has four key business areas responsible for efficiently bringing the best of HSBC to our clients through a broad and relevant suite of wealth and retail banking capabilities: Asset Management, Global Private Banking & Wealth, HSBC Life, Retail Banking & Strategy and COO & Digital Transformation.

We are currently seeking a high caliber professional to join our team as a Head of Reinsurance - HSBC Insurance.

Role Purpose

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

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.

Principal responsibilities:

·  Business partner to HSBC’s local Business Units for new business; sharpen underwriting capability; and increase underwriting capacity for (Ultra/High Net Worth business)
·  Fully leverage reinsurance as a new business, risk, financial and capital management tool ; work collaboratively with actuarial, underwriting, finance and other departments
·  Optimize reinsurance efficiency with regular review of reinsurance structure and (e.g. retention level)
·  Be an active partner in the development of innovative health & protection solutions including digital, leveraging data & analytics, health and wellness activities and next-gen underwriting approach.
·  Ensure reinsurance administration is efficient, effective, and comprehensive
·  Negotiate and conclude deals and structures with reinsurers

Requirements

Requirements

·  Multiple years’ work experience in life and health insurance and/or reinsurance space
·  Experience in business development, product development, technical management (underwriting & claims), health care and wellness
·  Demonstrated ability to build relationship with different stakeholders, influence and drive performance
·  Proven track record, self-directed and high energy
·  Excellent leadership and communication skills 
·  Bottom line orientated, analytical and strategic thinker

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.