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.
Supports Actuarial Manager/Senior Manager/ Head of Product Actuarial & Development to ensure that pricing activities are in line with sound actuarial principles and standards, statutory requirements and meet department’s goals and objectives.Provide/ manage all technical aspects of product design including profit testing and financial analysis, the analysis of competitor’s products, and the preparation of Product Approval documents for the regional office.
Ensure relevant product documents submitted to regional office and local regulators for approval are in line with RO’s standard and requirements and in compliance with local regulator.
Provide/ manage to provide the actuarial input on the changes required on the policy administration system & PruQuote, reviewing and ensuring changes are carried out accurately. Ensure changes are properly documented.
Carry out/ manage a wide variety of ad-hoc actuarial investigations, as required from time-to-time, ensuring all results are thoroughly checked for accuracy and consistency.
Supervise the preparation of product specifications, policy wordings, regulatory filings and all other material relating to new products.
Provide support/ coaching to junior staff on actuarial concept & techniques so that knowledge of actuarial practice is acquired quickly and effectively.
Actively study towards actuarial qualification.
Others: to be assigned by the Line manager or Company’s management (if any).
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.
