IFRS17 Actuary - 9 month contract

Job description

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 Life is a world-class institution where you can specialise 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 caliber professional to join our team as IFRS17 Actuary - 9 month contract .

Principle responsibilities

·
Liaise and co-ordinate with third-party test teams to carry out testing, review findings and undertake remediation where necessary.

·
Assist in the development of a global test pack, to give confidence on the actuarial, accounting and technological capabilities of the Global Platform.

·
Assigning clear test cases and instructions to a pool of actuarial and technical testing analysts.

·
Monitor testing activities, producing MI reporting on test progress and level of confidence on Global Platform.

·
Escalating defects and proposing enhancements to the Global Platform to address any limitations found.

·
Ability to understand the design and architecture of HSBC's CSM Platform.

·
Organise and run IFRS17 workshops with different HSBC Entities.

·
Clearly describe the Global IFRS17 technical requirements for each Entity

·
Help entities to resolve issues as they upload the required actuarial and financial data to the Global Platform.

·
Collate questions about the IFRS17 results being produced, and work constructively with entities to remediate issues.

Desired profile

Qualifications :

Requirements
·  Qualified Actuary, FIA or equivalent
· 
Good understanding and ideally first hand experience of IFRS17 including an understanding of the mechanics of how the Contractual Services Margin works

· 
First hand experience of designing, executing and supporting test plans

· 
Ability to communicate information in a clear, confident and structured manner to all levels within the programme and to influence stakeholders, to establish and maintain co-operation.

· 
Good knowledge of insurance products, regulations and financial reporting

· 
Experience of interfacing with Audit and Regulators an advantage

· 
Ability to speak French, Spanish, Cantonese or Mandarin would be an beneficial.

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.