PBTB | Manager IFRS17 Reporting (Actuarial)

Reposted 14 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
8-8 Annually
Senior level
Financial Services
The Role
The role involves overseeing IFRS17 reporting tasks, optimizing budgeting processes, performing financial assessments, and training junior team members.
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.

IFRS17 Reporting:
The successful candidate will be responsible for overseeing the following IFRS17 tasks:

-To perform and able to explain the key drivers for IFRS17 Planning, Budgeting and Forecasting work within the agreed timeline.
-To review and optimize the Budgeting and Forecasting process, ensuring efficiency and accuracy. Strengthen control to prevent process reruns.

-To perform IFRS17 financial impact assessment for annual assumption review, expense study and etc.

-To ensure IFRS17 Reports are produced with accurate results and to provide day-to day technical and managerial guidance to the Actuarial workstream.
-To lead the local implementation of IFRS17 solution enhancements/Day 2 items and actuarial model enhancement, collaborating with group office and local actuarial modelling team.

-To support on other projects e.g. actuarial related components for BNM Insurance and Takaful System Redevelopment (ITSR) and etc.

-To ensure proper SOP documentation.

-To build the capacity and experience of the team through training of junior team members.

Entry Qualification and Experience:

  • Relevant work experience in the Life / Takaful industry (minimum of 8 years is expected)
  • Good progress on actuarial exams
  • Proficient in using Prophet, Microsoft Excel
  • Proficient in English
  • Able to work independently

#LI-NH1

 

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

  • Relevant work experience in the Life / Takaful industry
  • Good progress on actuarial exams
  • Proficient in using Prophet
  • Proficient in Microsoft Excel
  • Proficient in English
  • Able to work independently
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The Company
HQ: Central, Hong Kong
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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