Actuarial Manager, HSBC

HSBC

Location:
Hong Kong, Central

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

Save Job

Apply Position

Job Description:

HSBC Life is a world-class institution where you can specialize in insurance while benefiting from the resources and opportunities of a global bank. This role involves leading an actuarial team, overseeing financial reporting, IFRS 17 implementation, and providing actuarial insights for decision-making. HSBC offers a dynamic and inclusive work environment with opportunities for growth and development.

Job Responsibility:

Lead, mentor, and develop a team of actuarial analysts, ensuring high-quality output and professional growth
Review and validate the work of Senior Actuarial Analysts, ensuring actuarial models, reports, and calculations meet professional and regulatory standards
Provide technical guidance and coaching to junior team members on actuarial methodologies, IFRS 17, and financial reporting practices
Manage workflow and resource allocation within the team to ensure timely delivery of key financial and regulatory reports
Oversee actuarial reserving processes, including best estimate liability calculations, risk adjustment, and contractual service margin (CSM) computations under IFRS 17
Ensure accurate and timely quarterly and annual reserving, financial statement disclosures, and regulatory submissions
Review and enhance actuarial models used for financial reporting, ensuring they align with best practices and industry developments
Collaborate with finance teams to align actuarial outputs with accounting and financial reporting standards
Support assumption setting, experience analysis, and stress testing for financial planning and risk management
Review actuarial risk assessments and provide insights to senior management on financial and strategic decision-making
Oversee reinsurance analysis and its impact on IFRS 17 financial statements
Provide actuarial insights into business planning, profitability analysis, and capital management strategies
Provide support to ongoing projects related to the risk and control framework

Requirements:

Fully qualified actuary (e.g., FIA, FSA, FCAS, or equivalent) or near-qualified with significant experience
Experience with actuarial modelling software (e.g., Prophet, Moses, RAFM) and proficiency in Excel, VBA, SQL, Python, or R
Strong analytical and problem-solving skills with attention to detail
Excellent communication and stakeholder management skills, with the ability to explain complex actuarial concepts to non-actuaries
Hands-on experience with IFRS 17 implementation, cash flow modelling, and risk adjustment methodologies
Experience in financial reporting automation and improving actuarial processes
Knowledge of reinsurance structures and their financial reporting impact
Actuarial experience, with a strong background in financial reporting, reserving, and IFRS 17
Proven experience in reviewing actuarial work and leading actuarial teams
Strong technical knowledge of IFRS 17, regulatory frameworks, and financial reporting frameworks

What we offer:

Dynamic and innovative workplace
Opportunities to develop career in a high-profile growing business segment
Flexible working environment
Inclusive and diverse workplace culture

Additional Information:

Job Posted:
October 11, 2025

Expiration:
October 12, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Actuarial Manager

HSBC

Location:Hong Kong, Central

Category:Finance

Contract Type:Employment contract