Actuarial Associate

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.

This role supports the capital reporting and analytical functions under the Hong Kong Risk-Based Capital (HKRBC) framework. Key responsibilities include developing and maintaining the HKRBC Lite Model, monitoring solvency, performing GWS sensitivity analyses, and conducting stress scenario testing to support regulatory and management requirements.

Job Descriptions:

• Support the production of capital reporting deliverables to facilitate decision-making, including: Solvency monitoring, GWS sensitivity analysis, Stress scenario testing, Breakpoint analysis
• Support the development, maintenance, and documentation of the HKRBC solvency monitoring tool and matching adjustment estimator to ensure predictive capability. Optimize the Lite Model for calibration of shock scenarios, business plan projections, and sensitivity testing.

Job Requirements:

• University degree holder majoring in a numerical subject (e.g. Actuarial Science, Mathematics, Physics etc.).
• Passes in multiple actuarial examinations offered by the Society of Actuaries, Institute and Faculty of
• Actuaries, or other equivalent actuarial bodies.
• A minimum of 1 years relevant working experience is required, fresh graduate is also welcomed.
• Proficiency in actuarial software is an advantage
• Knowledge of Prophet and stochastic modelling is an advantage.
• Strong analytical and numerical skills
• Excellent attention to detail
• Able to work independently and handle workload accordingly
• Good interpersonal, communication, planning & leadership skills
• Open, proactive and willing to challenge when necessary
• Fluency in English and Cantonese is an advantage

 

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.