Risk Actuary, Insurance — Lead Risk & Modelling

HSBC Holdings plc; Hong Kong; On-site; HKD 900,000 - 1,600,000; Full time

Job summary

HSBC Holdings plc in Hong Kong is seeking a Risk Actuary specializing in Insurance to provide technical oversight of actuarial outputs under the Head of Financial Risk Management. You will review FLOD procedures, monitor financial risks, and track remediation actions across insurance entities.

You will work with local risk teams to oversee actuarial processes, review stress testing results, and assess modelling controls and assumptions, including valuation methodologies, with a focus on

Qualifications

• Experience in finance, actuarial or capital management field.
• Ability to lead change, influence and drive performance.
• Experience in managing financial risks of an insurance business.
• Familiarity with insurance industry and regulatory environment including risks and balance sheet dynamics.
• Experience in modelling (Prophet) and model risk is an asset.
• Self-starter with strong communication and teamwork skills.

Responsibilities

• Provide technical oversight and review of actuarial and financial outputs under the Head of Financial Risk Management.
• Assist with review of First Line of Defence procedures.
• Review, consolidate or calculate financial metrics to monitor financial risks.
• Track remediation actions to mitigate key financial risks.
• Partner with financial reporting risk stewards and local risk teams to oversee key actuarial processes.
• Assist with oversight of financial reporting and modelling controls.
• Conduct independent technical reviews to assess reasonableness of outputs across valuation and projection methodologies.

Skills

Leadership

Communication

Independent

Team player

Stakeholder management

Tools

Prophet

Job description

HSBC Holdings plc in Hong Kong is seeking a Risk Actuary specializing in Insurance to provide technical oversight of actuarial outputs under the Head of Financial Risk Management. You will review FLOD procedures, monitor financial risks, and track remediation actions across insurance entities.

You will work with local risk teams to oversee actuarial processes, review stress testing results, and assess modelling controls and assumptions, including valuation methodologies, with a focus on