Assistant Manager, Pricing - HSBC Life

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. 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. We are currently seeking a high calibre professional to join our team as an Assistant Manager, Pricing. Principal Responsibilities

• Advise stakeholders on all aspects of product pricing, profitability and actuarial risk
• Review pricing models with proper and appropriate controls in accordance with Group standards
• Proactively involve and participate in new product development’s workgroup and proactively provide comments and feedback whenever and wherever it is necessary
• Provide advises to Senior Manager/ Head of Individual Life Pricing / Chief Actuary on overseeing and monitoring financial results
• Review and monitor profitability information (eg. VNB, MCVNB, capital demand, CSM and etc) as well as review policyholder’s non-guaranteed benefits (eg. DoD rate, dividend, terminal bonus, crediting rate and etc)
• Conduct annual profitability review, in depth product review/analysis and etc

Requirements

• University graduate in Actuarial Studies or related discipline
• Preferably be a qualified actuary from a recognized actuarial body such as FSA, FIA, FAA
• Ability to work independently and meet tight deadlines without compromising quality
• Excellent communication skill
• Possess strong problem solving skills for wide range of problems
• Good command of spoken and written English
• Proficiency in Microsoft Office, and knowledge of Prophet is preferable

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. Issued by The Hongkong and Shanghai Banking Corporation Limited.