2026 HSBC Singapore Off-Cycle Actuarial Student Work Placement

2026 HSBC Singapore Off-Cycle Actuarial Student Work Placement

About the Role

Discover how actuarial thinking shapes real decisions at one of the world’s largest banks.

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

Placement Details

• Duration: 25 to 35 weeks
• Start date: December 2026
• Location: Singapore
• Application close: 31 August 2026

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.

You’ll thrive here if you have:

• Strong analytical skills with a love for numbers, accuracy, and solving complex problems
• A collaborative mindset and enjoyment working with others to get things done
• A proactive sense of ownership—taking responsibility and following through
• Strong communication skills, both written and verbal
• Drive and resilience to stay motivated 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

Team Placement

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

• Product Pricing: Custom pricing, policy servicing analysis, product implementation, and system enhancement.
• Regulatory Reporting: Insurance contract liabilities valuation on Singapore Risk Based Capital (RBC) basis.
• IFRS17 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

Throughout your placement, you’ll be guided by experienced actuarial professionals who will help you build the technical foundation required for an actuarial career in the finance/insurance industry. You’ll also join a global network where you can exchange knowledge and ideas with colleagues across different markets.

You’ll grow both technically and professionally through:

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

Requirements

• Available to work full-time or on a work-study arrangement for 25 to 35 weeks commencing December 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

Application Notes

We encourage you to apply as soon as possible. We recruit on a rolling basis and may close applications before the advertised date once all vacancies are filled.