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Assistant Manager, Life Pricing
2 weeks ago
**Some careers grow faster than others.**
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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 an** Assistant Manager, Life Pricing.**
**Principal Responsibilities**
- Drive the end-to-end product pricing process, including:
- Developing and maintaining pricing models, Excel PIs and other calculators
- Preparing reports and documentation for internal and regulatory product filing
- Supporting the pricing head in the preparation of product approval decks to be submitted to the product approval committee
- Reviewing reinsurance terms and rates for new products
- Working with product implementation team to implement new products in the PI and backend administration systems
- Liaising with the modelling team to ensure that products are promptly and accurately modelled in Prophet
- Actively participate in and support the improvement of pricing processes and methodology
- Provide actuarial technical guidance to junior team members
Requirements
**Requirements**:
- Min. 5 to 8 years of life actuarial experience
- Very strong technical background
- In good progress with actuarial exams
- Strong understanding of Singapore RBC regulations
- Experience in MCEV or Prophet knowledge is a bonus
- Organized, motivated team player who is dynamic and adapts well to changes
- Strong verbal and written communication
To be considered for this role, the relevant rights to work in Singapore is required.
**You’ll achieve more when you join HSBC.**
Issued by The Hongkong and Shanghai Banking Corporation Limited.