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 Accountabilities
- Reports to the Manager of Actuarial Modeling / In Force Management, who provides oversight, guidance, and strategic direction for all modeling and in-force management initiatives within the actuarial department.
- Provide comprehensive support in the regular maintenance, calibration, and validation of Actuarial Models and other Actuarial Tools. This includes troubleshooting model issues, ensuring models are up-to-date with the latest assumptions and data, implementing enhancements for new products, and coordinating with relevant teams to address any discrepancies or required enhancements.
- Build and implement new Actuarial Tools and contribute to Model Optimization efforts. This involves identifying opportunities to improve efficiency and accuracy, developing prototypes or new methodologies, conducting user testing, and deploying solutions that enhance the overall modeling process.
- Create and update detailed process documentation and implement robust controls. Responsibilities include drafting and maintaining clear process flowcharts, user guides, and standard operating procedures, as well as establishing audit trails and quality checks to ensure compliance and accuracy in all actuarial processes.
- Provide assistance and technical support to other actuarial units as needed. This may include participating in cross-functional projects, sharing modeling expertise, providing training or presentations, and collaborating to resolve complex actuarial or technical challenges across departments.
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
- Maintain, calibrate, and validate actuarial models and tools
- Build and implement new actuarial tools and contribute to model optimization
- Create and update detailed process documentation, flowcharts, and controls
- Troubleshoot model issues and coordinate with teams to address discrepancies
- Provide technical support and collaborate on cross-functional actuarial projects
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
