Senior Actuarial Associate, IFRS17 - Actuarial

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 Solution Workstream defines, designs and delivers the technology solution throughout the implementation of the new accounting standard, ensures the solution reflect the technical interpretation and comply with the IFRS17 Standard, and is responsible for the design of process & controls for the future IFRS17 reporting.
This role is mainly to focus on setting out the user requirement on the source system enhancement and ETL, building and maintaining the tools to perform data and system UAT, and providing support to review the practicality and feasibility on the solution design.

Accountabilities:

• Support to wrap up the user requirement on the source system enhancement, ETL (Extract, Transform, Load process) including but not limited to flowing data from source system to actuarial system, expected CF to CSM engine for disclosure to ensure the development comply with the standard.  
• Build and maintain the tools to perform data and system UAT, prepare UAT plan and other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements.
• Support the supervisor to monitor the building process on the CSM engine in the sub-ledger function for accounting posting as per requirement agreed.
• Support to review the practicality and feasibility on the solution design set out by the Regional Office
• Collaborate with IT team or other parties to ensure the data and system after development fulfil the user requirement as per agreed timeline.

Requirements:

• Good progress in actuarial examinations
• University graduate
• Minimum 3 years of relevant experience, candidates with less working experience will be considered as Actuarial Associate
• Solid experience in life insurance industry, preferably with actuarial valuation or modelling experience
• Strong technical, analytical and problem-solving skills
• Possess in-depth knowledge to the IFRS 17 standard would be an advantage
• A team player with good interpersonal skills
• Good command of both spoken and written English and Chinese

 

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.