Actuarial Professional

Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The incumbent is responsible to assist the Actuarial Manager/ Senior Manager to provide support in relation to the Participating Fund management in line with Internal Par Governance Policy.

Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company's claims, persistency and expense experience, arrangement of reinsurance, calculation of reserves, capital and profit reporting under various regulatory bases.

Principal Duties & Responsibilities:

1. Support the management of participating fund and annual bonus recommendation, including the annual bonus declaration study and implementation.

2. Perform various modeling operations to regularly monitor the position of participating fund.

3. Support impact analysis with regards to different capital management plan and asset-liability management initiatives.

3. Understand the product features and bonus mechanism of participating products.

4. Provide support on ad hoc enquiry on participating policies.

5. Assist in preparing documentation of justifications or processes.

Job Specification:

Qualifications:

1. Bachelor's Degree or higher in Actuarial Science, Mathematics, Statistics, Physics or other physical sciences or numerate discipline

2. Graduate with 1 - 3 years experience.

2. Good progress in actuarial exams.

Knowledge & Experience:

1. Good technical, analytical and problem solving skills, with the ability to work independently.

2. Experience with data processing software e.g. Prophet, SQL, VBA, C++ and/or other programming languages.

3. Advanced Microsoft Excel skills and proficiency with other MS Office applications.

4. Good understand of the life insurance business, with the ability to communicate technical knowledge across all departments and at all levels.

5. Meticulous and self-motivated, with the ability to work under pressure.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.