Vice President, Actuarial Services recruitment
HSBC Insurance (Singapore) Pte. Limited is a wholly owned subsidiary of HSBC Insurance Asia Pacific Holdings Limited. Currently, we have a team of over 400 employees and financial planners (Tied Agents) serving customers in the local market. HSBC Insurance Singapore is a customer-focused organisation dedicated to providing quality products and services. We are a composite insurer providing a wide range of personal and commercial products and services. We are a niche player in the Takaful market, providing our Muslim customers with Shariah compliant insurance and investment products. HSBC Insurance Singapore serves the needs of our clients via various distribution channels including Bancassurance, Tied Agencies and Independent Financial Advisors.
We are looking for customer centric individuals who will be part of our dynamic team.
Responsibilities
You are to oversee the pricing section by implementing strategies and policies adopted by the company in relation to product development and pricing of the company's life and general insurance products. This requires pricing new products and preparing special quotes to meet the needs of all stakeholders and reviewing the profitability of the existing products. This role includes building a good working relationship between the pricing, product development and distribution teams and all other departments as well as other external parties such as reinsurers and regulators involved in the product development process.
Qualifications
Along with a degree, you should be newly or nearly qualified actuary and have minimum 8 years of relevant experience in a similar actuarial role in a life company or life consultancy. You should be an effective team player who is self-motivated and an eager problem solver. A good understanding of the local regulations and actuarial concepts is necessary and you should be able to effectively communicate the results. Knowledge of Prophet is an advantage.