HSBC Group

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Head of US Insurance is responsible for the distribution of insurance products and services for Private Banking and Retail Wealth US and non US clients.
Reporting to the Head of WPS, this is a senior role at country level with the responsibility for generating new and strengthening existing relationships to achieve the challenging insurance business development needs. 

• As our Head of International Wealth & Private Banking Insurance, US you will:
• Be Responsible for defining and driving the  distribution proposition for HSBC Insurance, US including ensuring that all business requirements for successful participation in the market are met. Accountable for achieving financial goals through the promotion of insurance products and services and using a sophisticated range of communication, influencing and negotiation skills.
• Develop and maintain excellent relationships with key stakeholders to deliver fair outcomes for all types of customers.
• Work closely with other internal teams and external carriers/partners to ensure products and services are developed, maintained and implemented for the benefit the customer, stakeholders and shareholders.
• Collaborate with Product, PB and Wealth and other business functions & business channels internally and externally.
• Commercial understanding to initiate additional activities to grow revenue and address performance issues across the multiple channels.
• Source business information to understand current and leverage future business performance.
• Monitor, and ensure team delivery of results with FTE and cost budgets.
• To champion the need to identify and deliver worthwhile improvements to all 
• Apply knowledge and experience to demonstrate timely, effective business development promotion to the required standard to achieve financial goals.
• Excellent understanding of the distribution channels, market, competitors and customers.
• Understanding and supporting the need for change.
• Sound and effective research to support and leverage business strategy.
• Proactively look for and deliver improvements.

For this role, HSBC targets a pay range between $250,000.00 and $300,000.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

You´ll likely have the following qualifications to succeed in this role:

• Experience of distributing Insurance products through multiple channels 
• Market knowledge of life and general insurance market. 
• Proven relationship building skills. 
• Ability to influence senior internal stakeholders to drive the Insurance distribution strategy. 
• Extensive Insurance Industry Experience
• Required licenses (all 50 states): Property & Casualty, Life and Health, Excess & Surplus Lines
• FINRA licenses also desired (7, 66 or 63 & 65 in lieu of 66)

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.