Actuarial Intern (July 2027 to Dec 2027)

Prudential plc; Hong Kong; On-site; HKD 89,000 - 134,000; Full time

Job summary

Prudential plc invites interns to join its actuarial teams in Hong Kong, gaining exposure to a range of functions including product implementation, channel support, experience monitoring, and financial reporting. You will participate in IFRS 17 initiatives, capital management reviews, and actuarial model development in a collaborative, equal-opportunity environment.

This internship offers hands-on learning across multiple actuarial domains, with mentorship and real project contributions to

Qualifications

• Pursuing actuarial studies or a related field.
• Strong analytical and data skills.
• Effective communication and teamwork.

Responsibilities

• Assist in Product Implementation, including model updates and UAT exposure.
• Support Channel operations by liaising with departments for quotations and inquiries.
• Perform Experience Monitoring and data analysis investigations.
• Participate in Financial Reporting across metrics and IFRS 17 implementation support.
• Contribute to Participating Business Management and asset shares calculations.
• Assist in Capital Management assessments under RBC framework.
• Support Modelling and Innovation for actuarial models.

Job description

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.

Interns will be allocated to different Actuarial teams and be exposed to various actuarial functions, which include:

• Product Implementation: Involve in the actual implementation of new product launch with participation in model update and supporting UAT
• Channel Support: Liaises with different department/ channel support to handle special quotation and ad hoc enquiries from other departments
• Experience Monitoring: Perform experience and data analysis investigations
• Financial Reporting and Analysis: Participate in regular financial reporting of business results across various reporting metrics. Support the implementation of the new accounting standard for insurance contracts (IFRS 17).
• Participating Business Management: Participate in Par fund management, including asset shares calculation, bonus review and other projects
• Capital Management: Assist in capital adequacy under RBC basis and impacts assessment of different capital management initiatives.
• Modelling and Innovation: Support the maintenance, development, and enhancement of actuarial models.

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.