2026 HSBC Singapore Off-Cycle Actuarial Student Work Placement

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: December 2026

Location: Singapore

Application close: 31 August 2026

Who you are  

Were 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.  

Youll 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 youll do  

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

Across 2535 weeks, youll:  

• Work on live projects that shape HSBCs 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  

Youll 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. 
• 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 youll learn  

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

Youll 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 students.
• Be specialising in Actuarial Science, Risk or Statistics.
• Be fluent in English.
• Have the legal right to work in Singapore.

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

Youll 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.