Actuarial Manager (GBF&R)

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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Actuary

Principal responsibilities

• Develop and manage the IFRS17 reporting tools, especially the Planning and Forecasting model, ensuring accuracy and punctuality of the reporting deliverables and Financial Resource Planning processes.
• Lead the user acceptance testing of the model including managing model change process and driving model remediation
• Support HSBC’s model risk governance processes and conversations with internal and external audit.
• Provide subject matter expertise on the Group’s solutions, processes and controls.
• Produce insightful analysis and communicate this clearly to relevant stakeholders.
• Support the management of the Guangzhou team together to deliver a range of projects and deliverables.
• Execute or oversee the execution of required controls and support a strong control culture within the Guangzhou team.
• Develop and maintain strong relationships with the local markets and wider colleagues in the Global Business Finance & Reporting team.

Requirements

• Qualified / nearly qualified actuary with a recognised professional body (SOA, IFoA, etc.).
• Degree holder in Actuarial Science or equivalent with a strong technical insurance background.
• Significant insurance experience within relevant areas such as business partnering, IFRS17 reporting and/or system development.
• Possess strong technical knowledge on planning and forecasting. Candidates with experience in life insurance products will be preferred.
• Strong understanding of insurance products, business models, actuarial concepts, modelling techniques, and regulatory regimes such as (Risk Based Capital).
• Experience of python development for insurance valuation process is an advantage
• Experience of managing actual valuation or modelling projects and delivering against agreed timelines.
• Strong communication skills with fluency in spoken and written English.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

You’ll achieve more when you join HSBC.

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.

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