Actuarial Analyst (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 Actuarial Analyst.

Principal responsibilities

• Support development of the IFRS17 reporting tools, including but not limited to Global CSM Engine, Market Condition Update and Planning and Forecasting model, ensuring accuracy and punctuality of the reporting deliverables.
• Support the user acceptance testing of the model including test execution and defect triage
• Provide subject matter expertise on the Group’s solutions, processes and controls.
• Produce insightful analysis and summarize findings to senior stakeholders
• Execute required controls and support a strong control culture
• Collaborate with the local markets and wider colleagues in the Global Business Finance & Reporting team

Requirements

• Degree holder in Actuarial Science or equivalent with a strong technical insurance background.
• Good progress towards actuarial qualification (FSA/FIA/FFA/Equivalent)
• Good knowledge of life insurance products and balance sheet dynamics, obtained through exam progress and meaningful work experience
• Strong knowledge of IFRS17 and/or financial reporting is essential
• Experience in actuarial software, in particular Prophet modeling, is preferred
• Experience in Python, Alteryx, Power BI would be highly beneficial
• Ability to meet tight deadlines, in an evolving business and regulatory context
• Strong communication skills with fluency in spoken and written English
• Strong interpersonal skills including the ability to form effective relationships with local markets and wider teams in Global Business Finance & Reporting team in
• Keep up-to-date on the latest developments in modelling, actuarial techniques, financial reporting, auditing requirements, and relevant regulation

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.