Executive – Actuarial Pricing

Prudential Services Asia; Jakarta Pusat; On-site; IDR 279,000,000 - 558,000,000; Full time

Job summary

Prudential plc in Jakarta seeks a pricing and financial specialist to assess profitability of product ideas and prepare pricing assumptions with supporting documentation. You will work closely with Corporate Finance to ensure strong financial outcomes and regulatory readiness.

You will also support corporate campaigns and regional submissions, aligning on funding, incremental APE commitments, and obtaining management approvals across the group.

Responsibilities

• Perform initial profitability and risk assessment for any product ideas
• Assist to complete pricing file note where all the pricing assumptions that were used are listed along with the justifications
• Ensure appropriate profitability on special corporate business (Pruwork) quotations and recommendation to facilitate sign off from CFO, with Optimize EB quotations for maximum profits while grabbing market share
• Supporting Corporate Business Campaign and other ad-hoc Corporate Business initiatives, by alignment on campaign strategy (funding, commitment in incremental APE, etc) as well as preparing campaign approval to Management and Group
• Assist in completion of the regional product submission document with comprehensive financial results
• Assist in preparing the regulatory (OJK) filing documents for new products
• Work closely with related department in preparing quotation, product specification, product system, marketing materials etc

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.

Key Responsibilities

• Perform initial profitability and risk assessment for any product ideas
• Assist to complete pricing file note where all the pricing assumptions that were used are listed along with the justifications
• Ensure appropriate profitability on special corporate business (Pruwork) quotations and recommendation to facilitate sign off from CFO, with Optimize EB quotations for maximum profits while grabbing market share
• Supporting Corporate Business Campaign and other ad-hoc Corporate Business initiatives, by alignment on campaign strategy (funding, commitment in incremental APE, etc) as well as preparing campaign approval to Management and Group
• Assist in completion of the regional product submission document with comprehensive financial results
• Assist in preparing the regulatory (OJK) filing documents for new products
• Work closely with related department in preparing quotation, product specification, product system, marketing materials etc

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