Assistant Vice President, Inforce

-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. Here 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 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 an **Assistant Vice President, Inforce & Fund Management.**

**Principal Responsibilities**

In this role you will

Investment Linked Policy (“ILP”) Fund Management
- Responsible for monitoring and management of ILP funds including compliance with MAS307, preparing the ILP Sub-Fund annual and semi-annual reports, annual due diligence / Know Your Customers (“KYC”), risk classification review, corporate action, new fund launches, management of customer communication and other ad-hoc projects
- Enhance and automate existing processes to improve turnaround times and accuracy
- Manage both internal and external stakeholders including external fund managers to provide accurate information on a timely basis

Inforce Management
- Develop data analysis capabilities within the team to monitor customer preference and support new investment solution initiatives
- Improve fund platform proposition to meet the needs of existing policyholders and help drive sales for new business
- Responsible for the management of Index Universal Life indices including performance monitoring and also holding the overall procurement process

Strategic Initiatives:

- Design, price and monitor portfolio initiatives across all life insurance products, including reinsurance
- Prepare regular reports on initiatives performance, persistency trends, financial impact, customer behaviour analysis
RequirementsTo be successful you will need
- Bachelor’s degree in actuarial science or related field
- Has prior regulatory, reporting experience and knowledge of insurance products
- Detail oriented with a commitment to accuracy and quality
- Strong interpersonal skills with proven ability of planning and problem solving
- Experience with Excel VBA

To be considered for this role, the relevant rights to work in Singapore is required.

**Opening up a world of opportunity**

Issued by The Hongkong and Shanghai Banking Corporation Limited.