Director, Actuarial Model Validation

Prudential plc; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Prudential plc in Kuala Lumpur is seeking a senior actuarial professional to lead model risk validation for the Group. You will oversee validation of critical models used in valuation, capital reporting and pricing, and you will collaborate with global actuarial teams and internal audit to provide independent assurance.

The role manages a small Kuala Lumpur team, drives the validation framework, and communicates complex risk findings clearly to governance committees.

Qualifications

• Qualified actuary with at least 5 years post-qualification experience in life insurance or risk management.
• Experience in actuarial model testing, validation or audit is preferable.
• Understanding of insurance revenue accounts, balance sheets and valuation methods.
• Knowledge of economic valuation techniques and capital calculations.
• Familiarity with life insurance product features and associated risks.

Responsibilities

• Oversee the actuarial model validation process from scope to final findings.
• Support validation of models for valuation, capital reporting and pricing.
• Perform ad-hoc analyses for management to support risk decisions.
• Contribute to deep-dive reviews on critical models.
• Prepare model validation papers for TAC and Board/GRC.

Skills

Actuarial modelling

Model validation

People management

Risk management

Life insurance

Education

Qualified actuary (PQE 5+ years)

Job description

Prudential plc in Kuala Lumpur is seeking a senior actuarial professional to lead model risk validation for the Group. You will oversee validation of critical models used in valuation, capital reporting and pricing, and you will collaborate with global actuarial teams and internal audit to provide independent assurance.

The role manages a small Kuala Lumpur team, drives the validation framework, and communicates complex risk findings clearly to governance committees.