Executive, VPMS Modelling, Actuarial Services (1 year contract)

Prudential Hong Kong Limited; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in the insurance sector is seeking an Executive for VPMS Modelling in Kuala Lumpur. This role involves developing and testing VPMS models, ensuring system integrity, and providing user support. Ideal candidates will have strong analytical skills and experience in actuarial services.

Qualifications

• Experience in VPMS modelling and actuarial pricing.
• Strong analytical skills for gap assessment and requirements.
• Ability to perform comprehensive testing and support users.

Responsibilities

• Assessing VPMS Modelling gaps and requirements.
• Developing and coding VPMS models for new products.
• Ensuring system integrity through comprehensive testing.
• Providing ongoing support for VPMS models in production.

Skills

Modelling

System Integrity

Testing

Troubleshooting

Job description

Executive, VPMS Modelling, Actuarial Services (1 year contract) page is loaded

Executive, VPMS Modelling, Actuarial Services (1 year contract)

Apply locations Kuala Lumpur (Takaful) time type Full time posted on Posted Yesterday job requisition id 25050437

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.

The Executive for VPMS plays a critical role in terms of supporting delivery of the Company’s growth strategies by working on system implementation for new products or any enhancement works on the VPMS side of the Integral Life (IL) system.

The role holder is responsible for:

- Assessing the VPMS Modelling gap list and requirementsby identifying any gaps, areas, or formulas that need improvement, including understanding the requirements and integrations for new models or enhancements to existing ones.

- Developing and coding VPMS modelsto ensure new products or enhancement works can be carried out on the IL and peripheral systems. This includes updating and uploading tables, defining variables, and coding calculations that accurately reflect the VPMS spreadsheet provided by Actuarial Pricing.

- Ensuring system integrity by performing comprehensive testing between the VPMS model and VPMS spreadsheets to verify the model's accuracy. The testing includes Unit Testing (UT), Mass Unit Testing (MUT), and Regression Testing (RT) to ensure consistency and reliability of the system.

- Supporting users during UATby providing assistance, troubleshooting problems, making necessary corrections, and ensuring that the models meet user requirements, are accurate, and function as expected.

- Providing ongoing support for the VPMS modelsonce they are in production, resolving any issues that occur, implementing updates or enhancements, and ensuring the models continue to operate smoothly and effectively.

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.

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