HSBC Off-Cycle Actuarial Student Work Placement - Asia Pacific, Singapore

Job Title

HSBC Off-Cycle Actuarial Student Work Placement – Asia Pacific, Singapore

Overview

Area of interest: Data Analytics
Business area: International Wealth & Premier Banking
Location: Singapore
Start date: May 2026
Duration: 25 to 35 weeks

About the business area

Our Actuarial team provides a suite of actuarial services for our global businesses, assessing, measuring, and managing uncertain future events.

Who you are

We’re looking for curious, driven students studying actuarial exams, or enrolled in Actuarial / Risk / Statistics courses, who want to explore their career options in a global bank.

• Strong analytical skills with a love for numbers, accuracy and solving complex problems
• A collaborative mindset – you enjoy working with others to get things done
• A proactive sense of ownership – you take responsibility and follow through
• Strong communication skills, both written and verbal
• Drive and resilience – you stay motivated even when things get challenging
• Proficiency in Microsoft Word, Excel, and PowerPoint

This placement is ideal if you want to strengthen your technical skills, build experience across real actuarial projects and see the impact actuarial decisions have across insurance and banking.

What you’ll do

This off-cycle work placement gives you the chance to apply what you’ve learned in the classroom to real work that matters.

Across 25–35 weeks, you’ll:

• Work on live projects that shape HSBC’s insurance pricing, valuations, modelling or reporting
• Build real-world experience with actuarial tools, methodologies and data
• Get hands-on exposure to how actuarial insights drive products, risk decisions and business outcomes
• Develop professional skills through daily collaboration with experts across our businesses
• Grow your confidence while working in a supportive, international environment

Placement Teams

You’ll be placed in one of the following teams:

• Product Pricing: Custom pricing, policy servicing analysis, product implementation, and system enhancement
• Health Pricing: Product pricing, portfolio reviews, data analytics and price coding
• Local Valuation Reporting: Insurance contract liabilities valuation on Singapore RBC basis
• IFRS 17 Valuation Reporting: Insurance contract liabilities valuation on IFRS17 basis
• Par Fund & Universal Life Fund Management: Par Bonus and Universal Life Crediting Rate supportability monitoring and implementation; experience analysis and monitoring

What you’ll learn

You’ll be guided by experienced actuarial professionals who will help you build the technical foundation for a career in the finance/insurance industry. You’ll join a global network to exchange knowledge with colleagues across markets.

• Managing stakeholders
• Communication and presentation
• Decision-making under pressure
• Time management
• Problem-solving

Additional information

If you have previously applied to another programme in the past 6 months, you may not be able to reapply directly as our system only allows one application per cycle. However, we are accepting additional applications to this particular programme. Please apply using a different email address to submit your application.

You will have the legal right to work in Singapore without sponsorship.

Eligibility criteria

• Available to work full-time or on a work-study arrangement for 25 to 35 weeks commencing May 2026
• Be a year 2, 3 or 4 undergraduate student
• Be specialising in Actuarial Science, Risk or Statistics
• Be fluent in English
• Have the legal right to work in Singapore

Closing date

Thursday, 04 December 2025 09:26 (UK time)