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If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Wealth and Personal Banking (WPB) helps deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities and exceptional people. Our international network and breadth of expertise enable us to support individuals, families, business owners, investors and entrepreneurs. Wealth and Personal Banking has four key business areas responsible for efficiently bringing the best of HSBC to our clients through a broad and relevant suite of wealth and retail banking capabilities: Asset Management, Global Private Banking Wealth, HSBC Life, Retail Banking Strategy and COO Digital Transformation.
We are currently seeking a high caliber professional to join our team as a Global Head of Life Product Development.
Role Purpose
HSBC Life is a leading life insurance company committed to delivering innovative financial solutions while prioritizing sustainability and social responsibility. We believe that our success is intertwined with the well-being of our communities and the environment. As we continue to evolve and adapt to the changing landscape of the insurance industry, we are seeking a dynamic and visionary leader to join our team as the Head of Product Solutions.
Global Head of Life Product Development will be responsible for driving the product innovation and earnings diversification agenda for HSBC Life globally. This role will lead the development of product offerings that meet the evolving needs of our customers and allow HSBC Life to grow a diversified portfolio of insurance and market risks. The ideal candidate will have a proven track record in product development and/or pricing, exposure to the international HNW segment / line of business, and passion to live insurance’s sustainability and social purpose when solving everyday insurance business challenges.
Key Responsibilities:
Product Development:Leverage the group franchise across affluent customer access and asset management capabilities to deliver compelling insurance productsBalance market needs and our global portfolio business profile to develop product offers that contribute towards a diversified source of earningsExplore new boundaries on insurability to promote financial inclusion and insurance accessCollaborate with cross-functional teams, including underwriting, actuarial, marketing, and compliance, to ensure product viability and alignment with regulatory standardsSustainability Strategy Development:Lead a small team of Sustainability SME to implement the refreshed Global Insurance sustainability strategy that aligns with the company’s mission and valuesIdentify key sustainability trends and opportunities within the life insurance sector and recommend actionable initiativesCollaborate with the local business units to deliver customer-needs centric propositions to the marketsStakeholder Engagement:Engage with internal and external stakeholders, including customers, regulators, and industry groups, to drive product innovation and earning diversification agendaRepresent Global Insurance / HSBC Life at internal and external sustainability forums including industry conferences, forums, and sustainability eventsPeople Leadership:Build and lead a high-performing team focused on delivery and resultsFoster a culture of collaboration, creativity, and accountability within the team