Actuarial Senior Analyst (Chuyên viên Cấp cao Định Phí Bảo Hiểm)

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.

This role is to support the Senior Manager - CAS to ensure that actuarial reports and modelling processes are in line with sound actuarial principles and standards, statutory requirements and meet department's goals and objectives.

Job Purpose

Support Actuarial Manager to ensure the operations comply with IFRS17 standards, which is essential for accurate production of financial reporting and regulatory adherence. This position supports the implementation and compliance of IFRS17 standards, including preparing Actuarial model and data for production of IFRS 17 metric and collaborate with various departments to ensure timely and accurate financial reporting.

Job Responsibilities

• Produce assigned IFRS 17 Reporting tasks, prepare data input for actuarial model, perform calculation on actuarial model and reasonable check, monitor and assess impact of business operation on relevant metrics.

• Validate results from different sources, produce result analysis under various templates andsupport line manager in analyzing Balance sheet, Profit and Loss statement.

• Maintain, develop and enhance actuarial models for IFRS 17, which includes importing regionalized functionalities and perform checking with functional validation tools and model acceptance criteria provided by regional office, developing local specific functionalities.

• Support line manager to ensure the operations are complied with the Process and Control.

• Provide support to line manager and Head of department in conducting wide variety of ad-hoc actuarial investigations.

• Support operational efficiency improvements in the solution design LBU activities

Job Accountability

• Conduct the IFRS 17 solution ETL/MI report with an aim to meet Group requirement on WDT and reporting frequency with acceptable efficiency

• Ensure functionality, improve accuracy and efficiency of actuarial model to capture and reflect current business practice and follow actuarial practice

• P&C and SOX audit: Assess and localize processes documents and prepare evidence as audit requirements.

• Provide flexible and responsive support across various IFRS 17 workstreams as needed. This includes NIR calculation/audit request and other ETL processes.

Job Requirements

Qualification:

• University degree in a major with significant exposure to actuarial, finance, mathematics or statistics.

• Good exams progress with at least 3-4 exam passed. Associate of a recognized actuarial professional association is preferred.

Experiences:

• At least 2 years of relevant actuarial experience in a life insurance company.

• Experience in actuarial cash flow projection model and software (preferably Prophet).

Knowledge and skill set:

• Strong analytical and investigation skills

• Ability to work independently and with minimal supervision

• Good command of written and spoken English

• Good analytical and problem-solving skill, demonstrate attention to detail

• Knowledge of computer applications, including Prophet, SQL, Python, R, Microsoft Office Suite and other business-related software

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.