HSBC

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

Duration: 25 to 35 weeks

Start date: May 2026

Location: Singapore

Application close: 27 March 2026

If you are looking for a shorter Actuarial placement for the upcoming Summer (May to July 2026), please click here to check out the roles and apply now through this link.

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 – 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

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 Risk Based Capital (RBC) basis.
• International Financial Reporting Standard 17 (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 May 2026.
• Be a year 2, 3 or 4 undergraduate students.
• Be specialising in Actuarial Science, Risk or Statistics.
• Be fluent in English.
• Have the legal right to work in Singapore.

Click here to apply. We encourage you to apply as soon as possible as we recruit on a rolling basis and may close applications before the advertised date once all vacancies are filled. To understand our application and the assessment process, or to discover more about opportunities at HSBC, please visit https://www.hsbc.com/careers/students-and-graduates

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.

Issued by The Hongkong and Shanghai Banking Corporation Limited.