Senior Vice President, Corporate Actuarial
5 months ago
Some careers open more doors 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 Senior Vice President, Corporate Actuarial.
Principal Responsibilities
The jobholder will be reporting to the Head of Corporate Actuarial. The key responsibilities will be as below The jobholder is responsible for managing the team members working on the IFRS17 production in coordination with the other team lead, with a primary focus on ensuring high quality production and explanation of the results The jobholder will support the Head of Corporate Actuarial in working closing with the Finance team to ensure timely production of analytical review of the monthly and quarterly productionHSBC has a strong risk culture which helps to ensure we protect customers’ funds, lend responsibly and support economies. As all employees the job holder will be responsible for the management of risk in his role and function as well as ensuring compliance from IFRS17 production perspective to the Risk Management Framework (RMF) applied throughout the Group, as well as with section 404 of the US Sarbanes-Oxley (SOX) Act of 2002 which HSBC is also required to comply with.
In addition, the role will also include the following activities:
The jobholder will also liaise with the other actuarial teams (Appointed Actuary, Pricing) on topics such as assumptions settings, new products inclusion in IFRs17 framework The jobholder will also provide support ad-hoc to the Chief Actuary on other corporate actuarial topics The jobholder works closely with the regional office, external actuarial consultants, internal & external auditors and regulators, ensuring adherence to the HSBC guidelines in the IFIM and statutory regulations Requirements Qualified Actuary from a recognized Actuarial examination body At least 12 years of Actuarial experience with strong experience in IFRS17 reporting In depth experience with reporting processes and the reporting control environment Experience in Singapore regulatory regime is an advantage Strong communication & presentation skills-
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