Actuarial Associate

Prudential Services Asia; Hong Kong; On-site; HKD 600,000 - 800,000; Full time

Job summary

Prudential Services Asia in Hong Kong is seeking an actuarial analyst to perform pricing analyses and financial modeling to support the Product Pricing and Solutions team in driving innovation and profitability.

You will partake in product development, pricing, and UAT, with requirements including actuarial studies and progress in actuarial exams, strong English and Chinese communication, and proficient MS Office; familiarity with Prophet is a plus.

Qualifications

• University graduate majoring in Actuarial Science or related curriculum.
• Some progress in Actuarial examinations of the Society of Actuaries or equivalent
• Good communication skill and command of both spoken and written English and Chinese
• Strong attention in details and strong analytical and problem solving skill
• Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint)
• Knowledge in actuarial modeling is preferred.
• Familiar with Prophet is an advantage

Responsibilities

• Provide technical support and perform robust actuarial pricing analysis under various financial reporting measures (including EV, RBC, GIECA, IFRS17) in process of innovation.
• Participate in product development process and generating the appropriate premium and policy values based on various financial and scenario analysis and assist in the preparation of product approval documents.
• Conduct user acceptance test on any product development, campaign and system enhancement projects.
• Provide technical support and recommend solutions to seniors on operation issues / enquiries / requests raised from distribution channels and other departments.

Skills

Actuarial pricing

Financial modeling

Excel

Communication

Bilingual English/Chinese

Attention to detail

Analytical thinking

Education

Actuarial Science degree

Tools

Prophet

Microsoft Office

Job description

About Prudential

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.

Role

To perform actuarial & financial analyses and provide technical support (include financial modeling) to senior members of the Product Pricing and Solutions team in driving innovation, develop competitive and profitable products and solutions, perform user acceptance test and other project initiatives.

Job Descriptions

• Provide technical support and perform robust actuarial pricing analysis under various financial reporting measures (including EV, RBC, GIECA, IFRS17) in process of innovation.
• Participate in product development process and generating the appropriate premium and policy values based on various financial and scenario analysis and assist in the preparation of product approval documents.
• Conduct user acceptance test on any product development, campaign and system enhancement projects.
• Provide technical support and recommend solutions to seniors on operation issues / enquiries / requests raised from distribution channels and other departments.

Job Requirements

• University graduate majoring in Actuarial Science or related curriculum
• Some progress in Actuarial examinations of the Society of Actuaries or equivalent
• Good communication skill and command of both spoken and written English and Chinese
• Strong attention in details and strong analytical and problem solving skill
• Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint)
• Knowledge in actuarial modeling is preferred.
• Familiar with Prophet is an advantage

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.

We are Prudential. For every life, we are partners. For every future, we are protectors. Prudential plc provides life and health insurance and asset management to 17 million customers across 20 markets in Asia and Africa. We are headquartered in Hong Kong and have dual primary listings on the Stock Exchange of Hong Kong and the London Stock Exchange. We are focused on four strategic regions: Greater China, ASEAN, India and Africa. Our customers are served by around 55,000 agents and more than 200 bank partners. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

Find out more at www.prudentialplc.com Follow us on LinkedIn