Senior Analyst- Actuarial (Prophet Modelling)

Prudential Services Asia; Bengaluru; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Prudential Services Asia in Bengaluru, India seeks a Senior Analyst to support Africa actuarial teams on Prophet modelling, enhancing reporting methodologies for IFRS17 and EV, and coding new products in Prophet. The role coordinates with BU actuarial resources to understand product features and to share results with stakeholders.

The candidate will contribute to complex IFRS17/EV reporting processes and ensure timely delivery of outputs, while working with pricing and reporting teams across

Qualifications

• University graduate in Actuarial Science.
• Strong Prophet modelling skills and IFRS17/EV knowledge.
• 5+ years of life insurance actuarial experience.

Responsibilities

• Support Africa Prophet models with alignment to 2026 priorities and execution.
• End-to-end coding of new products into Prophet with validation and documentation.
• Produce Prophet-based outputs and reporting for IFRS17, EV and regulatory needs.
• Support pricing teams with IFRS17 metrics for new/repriced products and handle inquiries from stakeholders.

Skills

Analytical skills

Communication skills

Stakeholder management

Independent working

Education

Actuarial Science degree

Tools

Prophet

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.Position Title : Senior AnalystDivision: Africa Regional Hub (ARH)Function: ARH ActuarialImmediate Supervisor’s Position Title: Africa Prophet LeadLocation: Bengaluru, IndiaRole Purpose: The purpose of this role is to support the Africa actuarial teams on Prophet modelling for the five Africa business units. The role will include responsibilities for enhancing reporting methodologies (IFRS17, EV, local statutory basis) in Prophet, and coding of new products in Prophet. The role will involve coordination and working together with the business units to understand product features and reporting methodologies and to share outputs and explain results. In addition, the role holder will be responsible for supporting complex reporting processes under IFRS 17, Embedded Value (EV) and regulatory frameworks.Key Accountabilities and Performance Measures Impacted:Key AccountabilitiesPerformance measuresSupport in management of all Africa Prophet models. Working closely with Africa Prophet Lead to align on 2026 priorities and leading the execution of these priorities. Some examples include enhancements on EV variances calculations, moving from EEV reporting to TEV etc.Execution of 2026 Prophet prioritiesEnd to end coding of new products into Prophet. This also includes supporting on validation and sign-off of the new products.Model documentation in line with code changes or new products and/or metrics codedEnsure timely completion of coding of all agreed newly launched products in Prophet including validation checks, quantification of impacts and documentation of modelling approachesSupporting various stakeholders with Prophet queriesSupporting business units with Prophet runs and production of reporting outputsSupporting the pricing teams in production of IFRS17 metrics using Prophet for new/repriced products as/when requiredOn the job upskilling of BU actuarial resources on ProphetResolution of all Prophet related queries and engaging various stakeholders to explain methodology/outputTimely production of reporting metrics and explaining of resultsCore requirements: Brief description of any technical skills or qualifications requiredUniversity graduate in Actuarial ScienceStrong Prophet skillsAt least 5 years of relevant experience in life insurance industryExperience in actuarial principles and methodologiesStrong analytical and problem-solving skills with attention to detailProficient in EnglishStrong communication skills and stakeholder management abilitiesAbility to work independently, manage multiple priorities and peak workload periods effectivelyPreferable skills: Brief description of any technical skills or qualifications preferredExperience in Group financial reporting within a multinational organisationExperience in IFRS 17 and EV knowledge is an advantagePrudential 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.