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 Profile Summary:
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 (Par Savings & Investment Linked):
· Responsible for pricing of Par savings and Investment Linked products
· Carry out pricing framework & strategy, leading the negotiations with reinsurers, obtaining internal & regional product approval and complying with local regulatory product filing/ approval requirement
· Apply actuarial technical knowledge in making actual business decisions.
· Support all queries pertaining to product features and designs.
· Support any ad-hoc projects that may arise.
· Continues to build knowledge of the organization, processes and customers
Who we are looking for:
Competencies & Personal Traits
· Strong leadership traits to provide guidance and motivation to staff
· Good technical, analytical and problem solving skills, with the ability to work independently
· Good communication skills
· Self-motivated and outcome oriented
· Committed to excellence and always strive to deliver results with high standards
· Experience with Prophet model and ALS, data processing/conversion software e.g. SQL/DCS is preferred
Working Experience
· At least 6 years of relevant experience in actuarial roles or positions
Professional Qualifications
· Qualified or nearly qualified actuary from a recognized professional actuarial body
Education
· Degree in Actuarial
Language
· English
