Assistant Vice President - Decision Sciences

• Strong technical knowledge of actuarial models and techniques across some of the traditional acutarial areas such as statutory valuation, risk based capital reporting (Solvency II / Hong Kong RBC / Singapore RBC2), embedded value reporting, financial reporting (IFRS17), business planning, experience analysis, product pricing etc.
• Strong understanding of operation of par business including stochastic modelling, dynamic policyholder behaviour, modelling of management actions etc.
• Experience of modelling (coding) in any of the actuarial cash flow modelling software (such as Prophet, RAFM) as a coder is desirable. Should have atleast worked as a model user.
• Experience in pensions modelling would be an added bonus
• Knowledge or awareness of model risk regulations such as SR 11-7 or SS 1/23 would be an added bonus
• Ability to prioritise competing demands and demonstrate flexibility to meet dynamic requirements
• Bachelor s or Master s or PhD degree in a quantitative discipline like Financial Mathematics, Statistics, Econometrics, Quantitative Finance, Economics or Engineering.
• Atleast 10 actuarial exams (as per old curriculum), preferably fully qualified, with over 5-10 years experience in the insurance industry.
• Operate and influence within a changing and rapidly developing regulatory environment.
• Continually support HSBCs approach to conduct and cultivate a positive risk aware culture, which is designed to ensure we deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets.
• Maintain awareness of operational risk and minimise the likelihood of it occurring, including its identification, assessment, mitigation and control, loss identification and reporting in accordance with the HSBC Operational Risk Management.
• Adopt a risk management and internal control structure, referred to as the Three Lines of Defence, to ensure it achieves its commercial aims while meeting regulatory and legal requirements and its responsibilities to stakeholders, customers and staff. All staff must familiarise themselves and adhere at all times with the role and supporting responsibilities they play in the Three Lines of Defence.

You ll achieve more at HSBC

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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