Manager/Associate Director, Pricing

HSBC; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

HSBC Life is seeking a Manager/Associate Actuarial Director, Pricing in Hong Kong to lead pricing initiatives for individual life products. You will advise stakeholders, review models, and participate in new product development while ensuring profitability and adherence to Group standards.

The role requires an actuary (or near-qualified), a solid actuarial background, and strong communication skills in English. Proficiency in MS Office; Prophet knowledge is a plus.

Qualifications

• Qualified or nearly qualified actuary from a recognized actuarial body.
• University graduate in Actuarial Studies or related discipline.
• Strong product and pricing knowledge in individual life insurance.
• Ability to work independently and meet tight deadlines.
• Excellent written and spoken English.
• Proficiency in Microsoft Office; Prophet knowledge preferred.

Responsibilities

• Advise stakeholders on pricing, profitability and actuarial risk.
• Review pricing models with proper controls per Group standards.
• Participate in new product development workgroup and provide feedback.
• Provide advice to Head of Pricing and ORSO / Chief Product and Inforce Officer.
• Review profitability information and non-guaranteed benefits.
• Conduct annual profitability review, product review and disclosure.

Skills

Pricing knowledge

Actuarial pricing

Communication skills

Problem solving

English proficiency

Independence

Education

Actuarial studies degree

Tools

Microsoft Office

Prophet

Job description

GCB 5

HSBC Life is a world-class institution where you can specialize 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 calibre professional to join our team as a Manager/Associate Actuarial Director, Pricing.

In this role you will:

• Advise stakeholders on all aspects of product pricing, profitability and actuarial risk.
• Review pricing models with proper and appropriate controls in accordance with Group standards
• Proactively involve and participate in new product development’s workgroup and proactively provide comments and feedback whenever and wherever it is necessary
• Provide advises to Head of Pricing and ORSO / Chief Product and Inforce Officer on overseeing and monitoring financial results
• Review and monitor profitability information (eg. NB CSM, HKRBC demand, MCVNB and etc) as well as review policyholder’s non-guaranteed benefits (eg. DoD rate, dividend, terminal bonus, crediting rate and etc)
• Conduct annual profitability review, in depth product review/analysis, fulfillment ratio disclosure and etc

To be successful you will need:

• Qualified or nearly qualified actuary from a recognized actuarial body
• University graduate in Actuarial Studies or related discipline
• Strong product and pricing knowledge in individual life insurance
• Ability to work independently and meet tight deadlines without compromising quality.
• Excellent communication skill
• Possess strong problem-solving skills for wide range of problems.
• Good command of spoken and written English.
• Proficiency in Microsoft Office, and knowledge of Prophet is preferable

HSBCLife2026

Opening up a world of opportunity

http://www.hsbc.com/careers

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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