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.
In Actuarial Pricing, the main responsibility is to price insurance products in accordance with internal financial benchmarks as well as regulatory requirements. The staff will be responsible in supporting the product delivery process, providing the actuarial requirements for product launches timely and accurately. The staff will also support all queries pertaining to product features and designs, as well as support any ad-hoc projects that may arise.Job Description:
- Responsible for the product pricing and delivery process.
- Apply actuarial technical knowledge in making actual business decisions.
- Support the team lead in carrying out the pricing framework & strategy, negotiating with reinsurers, obtaining local & group approval and complying with regulatory filing/approval requirements.
- Support all queries pertaining to product features and designs.
- Support any ad-hoc projects that may arise.
Who we are looking for:
Competencies & Personal Traits
- Good technical, analytical, and problem-solving skills, with the ability to work independently.
- Self-motivated, outcome-oriented, and ability to deliver quality work under tight timelines.
- Ability to communicate and collaborate with colleagues across different functions.
- Some experience in any other type of Actuarial role is an advantage
- Some experience with Prophet model, and Excel VBA is an advantage.
Working Experience
- 2-5 years of relevant experience in actuarial roles or positions.
Professional Qualifications
- Good progress in actuarial examinations from a recognized professional actuarial body.
Education
- Degree in Actuarial Science or related disciplines (Mathematics, Statistics, Finance, Economics, etc.)
Language
- English
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.
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