Applications for our Singapore Off-cycle Student Work Placement for Actuarial are now open.

Placement Period:   12 May 2025 onwards
Duration:                   25 weeks with the option to be extended up to 35 weeks
Work Arrangement:  Full-time or Work-Study Arrangement (partnership with NTU Work Study Degree Programme / SMU Work Study Elective)
Applications close:  28 February 2025 (As we recruit on a rolling basis, we highly encourage you to
submit your application as soon as possible).

Opening up a world of opportunity
Around the world, growth is bringing new prosperity, businesses are pioneering new trade routes and new centres of wealth and influence are emerging. At HSBC, we’re inspired by the ways the world is changing for our business and for our customers. That’s why we’re looking to connect with the best and the brightest people from across the globe. With so much to offer, we’re ideally placed to help you realise your ambitions.

Our Singapore Student Work Placement opportunities are available in our Actuarial teams. The team provides a suite of actuarial services for HSBC’s global businesses by assessing, measuring, and managing uncertain future events.

What You Will Experience
The Off-cycle Student Work Placement for Actuarial will challenge you to use your existing skills and academic knowledge to add value to the bank and improve your professional and personal skills. You will receive practical training to complement your academic studies, embedding our values while growing your career. You will benefit from building your experience and banking knowledge in a real working environment and will be provided opportunities to take on responsibilities in a selection of interesting projects.

During this programme, you will be placed in one of the following teams where you can gain in-depth knowledge and exposure to actuarial practices:

• Product Pricing Team: Custom pricing, customer analysis, product implementation, and system enhancement.
• Local Valuation Reporting Team: Insurance contract liabilities valuation on Singapore Risk Based Capital (RBC) basis, experience analysis and monitoring.
• IFRS17 Valuation Reporting Team: Insurance contract liabilities valuation on IFRS17 basis.
• Par Fund & Universal Life Fund Management Team: Par Bonus and Universal Life Crediting Rate supportability monitoring and implementation.

You will be supported by our experts who are ready to pass on their knowledge and help you to understand the overall insurance operation, learn how to produce actuarial analysis, and develop a strong foundation akin to Actuarial professionals. Our global reach also means than you can expect to be part of a worldwide network, connecting and exchanging ideas with people of different cultures and backgrounds.

Requirements
To be eligible for a place in the programme, you must be a Year 2, 3 or 4 undergraduate student, with availability from 12 May 2025 for a duration of 25-35 weeks. Candidates with Actuarial Science, Risk or Statistics specialisation are preferred.

You must possess:

• A keen interest and intention in pursuing Actuarial as a career.
• Candidates who are taking Actuarial exams / courses offered are preferred.
• A strong sense of numbers and accuracy.
• Proficient computer skills in Microsoft Word, Excel, and PowerPoint.
• Fluency in English.
• The legal right to work in Singapore.

Application Process

1. Visit your respective university job portals to view the full excel list of Off-cycle Student Work Placement of Actuarial positions, job descriptions and corresponding job codes.
2. Submit your application in this portal and indicate your preferred top three positions’ job code (e.g.SWPA003, SWPA001, SWPA004) as indicated in the excel sheet, when completing the application.

We encourage you to apply for your programme of choice as soon as possible, as we recruit on a rolling basis and may close applications before the advertised date if all vacancies are filled.

HSBC is an equal opportunity employer. All qualified candidates will receive consideration for employment regardless of their gender, ethnicity, disability, religion, sexual orientation, or age. To provide an easy and accessible recruitment process, we are committed to offering reasonable accommodations for individuals with disabilities. If you need us to adjust our recruitment process or provide additional support, please declare your disability in the application form.

If you have any questions, feel free to reach out to us at emerging.talent.sg@hsbc.com.sg .

You’ll achieve more when you join HSBC. 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.