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 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 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 an Assistant Vice President, Inforce Management.
Principal Responsibilities
In this role you will
- Inforce Portfolio Management:
- Lead the monitoring of the in-force portfolio performance across Par, Universal Life, Index Universal Life, Investment Linked and other Non-Par product lines
- Persistency Management:
- Develop and implement targeted strategies to improve policyholder retention and persistency for new and existing businesses; Identify drivers of persistency and product design considerations that enhance customer affinity
- Collaborate with customer engagement and distribution teams to execute initiatives that improve policyholder outcomes, enhance service propositions, and address key lapse drivers
- Strategic Initiatives:
- Design and price for portfolio initiatives across all life insurance products, including reinsurance; Measure and analyse the effectiveness of strategic initiatives to drive sales and profitability
- Data & Analytics:
-
- Develop a dashboard that tracks product sales performance by distribution channel, customer demographics, and product selection trends
- Analyse trends to support business decisions and provide actionable insights; Build business cases for campaigns, ensuring they are data-driven, cost-effective, and aligned with strategic objectives
Requisitos
To be successful you will need
- Bachelor’s degree in actuarial science or related field;
- Strong business acumen with the ability to assess financial impacts, identify revenue opportunities, and optimize business outcomes
- Independent learner with strong technical, analytical, and problem-solving skills;
- Experience with Prophet, Excel VBA and/or SQL
- Strong interpersonal skills with proven ability of planning and problem solving;
To be considered for this role, the relevant rights to work in Singapore is required.
Opening up a world of opportunity
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