Assistant Actuarial Manager - HSBC Life

HSBC

  • Kowloon City, Hong Kong
  • Permanent
  • Full-time
  • 3 days ago
Job descriptionSome 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 Actuarial Manager.Principal ResponsibilitiesIn this role you will
  • Support the preparation and submission of statutory returns, financial disclosures, and other IA-mandated filings (e.g., business statistics, capital returns, solvency monitoring)
  • Ensure adherence to IFRS 17, HKRBC, GL34 and other regulatory frameworks
  • Support the Head of Regulatory Reporting in responding to queries by the regulators (e.g. IA) on reporting matters
  • Implement efficient workflows to streamline reporting processes, reducing manual effort and risk
  • Collaborate with Finance, Risk, and IT teams to align data inputs and reporting outputs
  • Maintain comprehensive process documentation and implement improvements based on lessons learned
  • Proactively identify and mitigate reporting risks
RequirementsTo be successful you will need
  • Educational Background: A degree in finance, accounting, economics, or a related field is preferred. Familiarity with HK insurance regulatory frameworks and financial reporting standards is a plus
  • Analytical Skills: Strong analytical abilities to interpret financial data and regulatory requirements. Ability to identify trends and discrepancies in data
  • Attention to Detail: High level of accuracy and attention to detail in preparing reports and ensuring compliance with regulatory standards
  • Communication Skills: Effective verbal and written communication skills to collaborate with team members and present findings clearly
  • Technical Proficiency: Proficiency in Microsoft Excel and other data analysis tools. Knowledge of L400 and GCP is plus
  • Team Collaboration: Ability to work collaboratively within a team environment, contributing to shared goals and supporting colleagues.
  • Problem-Solving Skills: Ability to approach challenges logically and develop practical solutions to ensure compliance and improve reporting processes
  • Time Management: Strong organizational skills to manage multiple tasks and meet deadlines in a fast-paced environment
Opening up a world of opportunityHSBC 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.

HSBC