FFP AMPO – Business Analyst-1

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.

Job Scope: Contribute to the delivery and implementation of the actuarial process optimization solutions, which aims to transform the Group’s actuarial reporting processes into highly automated and controlled processes, allowing more time for analysis and value adding work.

Background and Purpose:
To standardize, modernize and centralize the Group’s finance and actuarial processes, the Future Finance Programme has been established, along with an operating model which delivers synergies and cost savings across the organization, releasing the inherent capacity of our workforce to concentrate on value-add activities.

The role purpose is to contribute to the following team-wide responsibilities:
• The development in building workflows in Unify to automate the Group’s core actuarial processes
• Analyzing and documenting existing processes, building production-ready solutions
• Implementing design and build solutions across the group to alleviate pain points

Key Accountabilities:

•     Analyse requests and opportunities raised by BUs related to the actuarial ecosystem.

•     Deliver reusable global solutions to actuarial reporting of all core metrics across all BUs

•     Optimize actuarial processes before automation to enhance efficiency.

•     Identify automation opportunities in other business units to leverage and reuse developed workflows

•     Help implementing solutions and evaluating performance to ensure the business goals are met.

•     Support testing activities in definition of test cases and test execution

•     Assist in documentation of the solution for internal and external stakeholders

•     Participate in team meetings and contribute ideas to improve actuarial processes and efficiency

 

Candidate Requirements:

•     8-10 years relevant experience

•     Ability to solve logical problems and explain solutions in a clear manner

•     Experienced in actuarial reporting cycles (Embedded value, IFRS17, RBC)

•     Meticulous documentation (PowerPoint, MS Word, Confluence, etc.)

•     Good stakeholder management skills

•     Good to have technical skills such as Macros, Python, VBA, Alteryx

•     Relevant experience in a business analyst or similar role

•     Knowledge in the insurance industry, especially in actuarial systems is advantageous

•     Ability to work under pressure with multiple competing demands

•     Diploma / Degree or equivalent, or equivalent professional qualifications

 

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.