Senior Manager- Actuarial

Prudential Services Asia; Bengaluru; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Prudential Services Asia in Bengaluru, India, seeks a Senior Manager to own the Prophet models for five Africa business units. You will enhance reporting (IFRS17, EV, local statutory) in Prophet and validate coding of new products, supervising one junior Prophet resource.

You will coordinate with Africa Chief Actuary and regional teams to deliver 2026 priorities, ensure governance, and manage stakeholder communications while building a high-performance actuarial culture.

Qualifications

• University graduate in Actuarial Science.
• Qualified or nearly qualified actuary.
• 8+ years Prophet modelling experience.
• 10+ years life insurance industry experience.
• Experience with Embedded Value and IFRS 17 reporting.
• Experience managing small teams.
• Proficient in English and strong communication.

Responsibilities

• End-to-end management of all Africa Prophet models.
• Collaborate with Africa Chief Actuary and Africa Actuarial VCC Team Lead on 2026 priorities.
• Code validation and sign-off of new products in Prophet with junior resource.
• Governance, documentation and compliance for modelling.
• Lead timely delivery of newly launched products into Prophet with validation and impact quantification.
• Upskill junior Prophet resource and others in the BU.
• Foster a high-performance culture and effective stakeholder engagement.

Skills

Prophet modelling

Leadership

Communication

Stakeholder management

Analytical

English proficiency

Education

Actuarial Science degree

Qualified or nearing actuary

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 ManagerDivision: Africa Regional Hub (ARH)Function: ARH ActuarialImmediate Supervisor’s Position Title: Africa Actuarial VCC Team Lead Location: Bengaluru, IndiaRole Purpose: The purpose of this role is to act as the overall owner of the Prophet models for the five Africa business units. The role will include responsibilities for enhancing reporting methodologies (IFRS17, EV, local statutory basis) in Prophet, and validation/sign-off of coding of new products in Prophet. The role will directly manage one junior Prophet resource. In addition, the role holder will be responsible for supporting complex reporting processes under IFRS 17, Embedded Value (EV) and regulatory frameworks, coordinating with multiple actuarial stakeholders in both the Africa business units and the Africa regional team.Key Accountabilities and Performance Measures Impacted:Key AccountabilitiesPerformance measuresEnd-to-end management of all Africa Prophet models. Working closely with Africa Chief Actuary and Africa Actuarial VCC Team 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.Resolution of all Prophet related queries and engaging various stakeholders to explain methodology and outputExecution of 2026 Prophet prioritiesManaging the coding/validation/sign-off of new products into Prophet with the support of the junior Prophet resourceModel governance, documentation and complianceEnsure timely completion of all agreed newly launched products into Prophet including validation checks, quantification of impacts and documentation of modelling approachesManaging the junior Prophet resource and upskilling him/her on ProphetUpskilling of BU actuarial resources on ProphetBuilding a high-performance culture in a collaborative environmentCore requirements: Brief description of any technical skills or qualifications requiredUniversity graduate in Actuarial ScienceQualified or nearly qualified actuaryStrong Prophet modelling skills with minimum of 8 years in Prophet modelling experienceAt least 10 years of relevant experience in life insurance industryExperience in actuarial principles and methodologies, with demonstrable experience in Embedded Value and IFRS 17 reportingExperience in directly managing small teamsStrong 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 organisationPrudential 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.