Job description

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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 VP Financial Planning & Analysis (FP&A) Manager, Insurance.

Principal Responsibilities

The role covers a wide variety of work ranging from but not limited to financial planning & forecasting to support of key internal strategic projects, monitoring of investment initiatives, product & customer level analytics, and IFRS 17 implementation.

  • Under the new IFRS17 accounting standard, this role is responsible for Insurance Management Information production, including instruction communication, performance analysis and commentaries, forecasting and annual planning, with accurate and timely delivery to support key business decision-making forums
  • Provide high-quality insight and analysis over results, including benchmarked in the context of peers’ performance
  • Business partnering with the business teams to challenge and enhance commercial insight by blending business knowledge with interpretation of financial performance
  • Also working closely with the local Financial Control & Reporting, actuarial and business teams. Strong engagement is also required with Bank and the Global and regional teams
  • Drive MI process enhancement including strengthening MI and cost control process
  • Enhance the cost management framework (network expense study, IFRS17 cost deferral and pushdown, cost allocation by Line Of Business (Life, General Insurance, Health)
  • Support ad hoc requests, IFRS17 and other MI projects
Requirements
  • Finance discipline and IFRS17 accounting knowledge is required, with a number of years of work experience in the Life Insurance industry
  • Strong numeracy background with an ability to take on new financial/technical concepts
  • Proven ability to deliver high quality analysis and commentaries
  • Strong communication skills (English written and oral) and can work collaboratively with others, including with international and virtual teams
  • Track record of proactiveness, ability to learn fast, manage changes and deliver results within the tight deadlines
  • Strong proficiency at Microsoft Office (Excel, PowerPoint, Word), including ability to deliver impactful written reports and presentations

To be considered for this role, the relevant rights to work in Singapore is required.

You’ll achieve more when you join HSBC.
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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