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Vice President, Reinsurance - HSBC Life

Singapore, Singapore
Closing date
Mar 21, 2023

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
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. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here 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 in Singapore 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 combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Vice President, Reinsurance.

Principal Responsibilities
  • The role will report to Head of Reinsurance for Singapore
  • Analyse and design reinsurance solution that address needs from the local operation, with goal to optimize capital at the insurance group, and the banking group level
  • Develop and maintain monitoring RI results across all business units - Life, Health, GI (with GI being run-off)
  • Supporting the pricing / product teams with treaty procurement and design
  • Ensuring best practices of RI data management across all line of business
  • Streamlining, and maintain the reporting process for RI premium and claims provisions
  • Ensuring compliance with relevant statutory requirements w.r.t. reinsurance program for the entity
  • Addressing queries from reinsurers, and group stakeholders

  • Graduate in Actuarial Science, Statistics, Economics, or related fields of study
  • Strong knowledge of (re)insurance concepts
  • Strong IT knowledge: Excel, VBA, Python
  • 8 to 10+ years' experience in actuarial/reinsurance roles
To be considered for this role, the relevant rights to work in Singapore is required.

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.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

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