Actuarial Modelling Specialist (1-Year Contract)

Reposted 5 Hours Ago
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Singapore, SGP
In-Office
Mid level
Financial Services
The Role
The role involves developing and governing actuarial models, collaborating with teams on modelling requirements, and providing technical guidance. It supports Group actuarial initiatives and compliance with internal governance policies.
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.

This role will be highly focused on the development and governance of actuarial modelling for the actuarial teams in the Company.

Job Responsibilities

  • Maintenance and development of the Prophet Deterministic and Stochastic models, as well as DCS and SQL.
  • Collaborate with Pricing, Reporting teams and Regional counterparts to meet the department's modelling requirements.
  • Be the subject matter expert across various actuarial disciplines and provide technical guidance, advice and support in modelling projects.
  • Ensuring compliance with Internal and Group governance policies.
  • Support Group-wide actuarial modelling initiatives
  • Supporting the Appointed Actuary in the approval process for pricing, valuation modelling & methodology for new products.

Competencies & Personal Traits

  • Passionate about driving excellence in insurance analytics.
  • Good communicator. Possess the ability to explain complex actuarial matters to layman in non-technical and succinct languages.
  • Detailed oriented.
  • Committed to excellence and always strive to deliver results with high standards
  • Good working knowledge of Prophet systems, hands-on experience on actuarial valuation data processing and management
  • Experience with ALS model is preferred
  • Experience with any actuarial modelling platform (such as Prophet, RAFM and PathWise)

Working Experience

  • 3 - 7 years of actuarial experience or any other analytical role

Professional Qualifications

  • Actuarial qualification is preferred but not necessary

Education

  • Degree in Actuarial, Mathematics, Statistics or Finance

 

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

  • 3 - 7 years of actuarial experience or any other analytical role
  • Experience with ALS model
  • Actuarial qualification
  • Degree in Actuarial, Mathematics, Statistics or Finance
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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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