·Actuarial and Risk Analytics (ARA) is a centre of excellence established within Global Risk, providing actuarial and analytical services to insurance businesses across HSBC The team consists of approximately 40 professional risk experts, with backgrounds covering risk, actuarial and analytics, providing technical support and analysis to multiple territories.  ARA is looking to strengthen its team in order to deal the challenges it expects to face over the next few years, in particular around the group-wide implementation of IFRS17 reporting standards.

·To contribute to the work carried out by the ARA in respect of the group-wide implementation of IFRS17, which will involve assisting with understanding the new regulations, assessing where systems and processes need to be changed or developed, and assisting with the development of solutions both group-wide and country-specific. 

·Where necessary due to business needs, to contribute to the work produced by the ARA in the following areas for any country within our remit e.g. experience analyses, (current) IFRS reporting, local statutory reporting, economic capital calculations, pricing, model governance and ad-hoc project work as required.

·To support senior colleagues on all relevant aspects of the group-wide implementation of the new IFRS17 standards

·Where necessary due to business needs, to support the ARA on relevant aspects of ARA’s engagement with entities related to any non-IFRS17 work, such as experience analysis, modelling, (current) IFRS reporting, local statutory reporting, economic capital calculations, pricing, model governance and ad-hoc project work

·Group Insurance, as primary customer for the implementation of IFRS17

·Business and Finance teams, both global and at a local entity level

·Team leaders and delivery managers within ARA

·Chief Actuaries and management teams within local insurance entities for actions.

·Provides support and guidance to more junior staff as required

·A nearly qualified or recently qualified actuary (FIA or equivelant) with up to 2 years post qualification experience.

Technical knowledge

·Technical knowledge of IFRS17 desirable but not essential provided the candidate had good knowledge of the current financial reporting environment.

·Good knowledge of insurance products and regulation

·Familiarity with insurance products sold in Asia would be advantageous.

Language

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

Systems

·Desirable to have knowledge of Prophet and/or SAS, in addition to Excel and VBA.

·Ability to communicate information in a confident and structure manner to all levels of management.

·Ability to influence business managers, to establish and maintain co-operation.

·Good organisational and planning skills.

·Ability to operate within cross functional teams.

·Flexibility to assist in other areas within the broader Actuarial and Risk Analytics team as requested. 

·Significant leadership and customer relationship management skills.