Actuarial Associate

Reposted One Month Ago
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Hiring Remotely in Hong Kong
Remote
Entry level
Financial Services
The Role
The Actuarial Associate performs actuarial and financial analyses, supports product pricing and development, conducts user acceptance tests, and assists in resolving operational issues.
Summary Generated by Built In

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.

To perform actuarial & financial analyses and provide technical support (include financial modeling) to senior members of the Product Pricing and Solutions team in driving innovation, develop competitive and profitable products and solutions, perform user acceptance test and other project initiatives.

Job Descriptions:

  • Provide technical support and perform robust actuarial pricing analysis under various financial reporting measures (including EV, RBC, GIECA, IFRS17) in process of innovation.
  • Participate in product development process and generating the appropriate premium and policy values based on various financial and scenario analysis and assist in the preparation of product approval documents.
  • Conduct user acceptance test on any product development, campaign and system enhancement projects.
  • Provide technical support and recommend solutions to seniors on operation issues / enquiries / requests raised from distribution channels and other departments

Job Requirements:

  • University graduate majoring in Actuarial Science or related curriculum 
  • Some progress in Actuarial examinations of the Society of Actuaries or equivalent
  • Good communication skill and command of both spoken and written English and Chinese
  • Strong attention in details and strong analytical and problem solving skill 
  • Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint)
  • Knowledge in actuarial modeling is preferred. Familiar with Prophet 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.

Skills Required

  • University graduate majoring in Actuarial Science or related curriculum
  • Some progress in Actuarial examinations of the Society of Actuaries or equivalent
  • Good communication skill in English and Chinese
  • Strong attention to detail and analytical skills
  • Advanced knowledge of Microsoft Office
  • Knowledge in actuarial modeling is preferred
  • Familiar with Prophet is an advantage
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The Company
HQ: London
52,292 Employees

What We Do

In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region. Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets. We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information Prudential plc: https://www.prudentialplc.com/ Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation

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