Actuarial Associate, Insurance Risk & Financial Management

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.

Provide actuarial support to the Insurance Risk & Financial Management sub-team under the Actuarial In-Force Management team on the experience monitoring and experience study, for management reporting of insurance / operating risks.

Job Descriptions:

Experience Monitoring & Analysis

Perform deep dive studies, conduct regular experience monitoring and reporting to provide insights of emerging insurance risks to the business and to facilitate modelling of these risks under economic valuation regime (e.g. mortality improvements, policyholder options and behaviour).

Operating Assumption Setting ​

Provide support in the operating assumption setting based on experience and long-term view with the consideration of various financial metrics across earning basis.

Data Analytics Enhancement

Support the transformation of the data analytics process driving by more advanced predictive analysis tool, e.g. Alteryx, Power BI and develop experience dashboard

Insurance Risk Advisory Participation ​

Provide support on the organization of various insurance risk advisory committees (Persistency and Claims) and the preparation of relevant meeting materials / actuarial experience analysis.

Job Requirements:

• University graduate majoring in Actuarial Science or equivalent subjects.
• 1 to 2 years of actuarial working experience.
• Good exam progress of Society of Actuaries or equivalent
• Strong technical, analytical and problem-solving skills
• Knowledge in Prophet, Alteryx, Power BI is a plus.
• Decent business and financial acumen
• Ability to be flexible, adaptable and work independently in a fast-paced environment
• Excellent written and spoken English

 

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.