Manager, Actuarial Services

Prudential Hong Kong Limited; Kuala Lumpur; Hybrid; MYR 120,000 - 240,000; Full time

Job summary

Prudential Hong Kong Limited is seeking an experienced Actuarial professional to support the Senior Manager in defining and implementing actuarial standards and processes. You will contribute to pricing, reserves, and risk analyses across in‑force business and regulatory reporting, leveraging Prophet and VBA.

A numerate degree and 5+ years of actuarial experience are required, with ongoing professional examinations encouraged.

Qualifications

• Degree in Actuarial Science, Mathematics, Statistics or equivalent.
• Actively pursuing actuarial examinations.

Responsibilities

• Deliver experience studies and support management actions for in‑force business.
• Coordinate Financial Condition Report inputs and stress testing.
• Provide actuarial/financial analysis for reinsurance and capital impact.
• Support implementation of new guidelines and business planning projections.
• Identify data governance and analytics improvements.

Skills

Actuarial analysis

Data interpretation

Statistical modelling

Education

Degree in Actuarial Science/Mathematics/Statistics

Tools

Prophet

Visual Basic

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.

The incumbent is responsible to assist the Senior Manager to define and implement appropriate Actuarial standard & work processes in relation to the provision of actuarial services of the Company. Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company’s claims, persistency and expense experience to set pricing assumptions, arrangement of reinsurance, calculation of reserves and profit reporting under various regulatory bases to assess financial health of a new product.

PRINCIPAL DUTIES & RESPONSIBILITIES

• Delivery of experience studies and provide actuarial support for management actions arising from the management of the in‑force business. This includes producing monthly and quarterly experience monitoring and performing in‑depth analysis of experience trends and key drivers.
• Coordinate the preparation of the Financial Condition Report by working with relevant stakeholders to provide analytical inputs, experience analysis, stress testing, and supporting documentation for the assessment of the company’s financial condition, risks, and sustainability.
• Provide actuarial and financial analysis to support reinsurance management, including experience monitoring, review of reinsurance effectiveness, support for renewals, and assessment of reinsurance impacts on capital, solvency, and risk profile.
• Provide financial analysis and actuarial technical support for a range of company initiatives, including but not limited to the implementation of new BNM guidelines, Group Office standards, assumption reviews, business planning projections, and preparation of materials for management and committee presentations.
• Identify improvement opportunities across governance, data quality, and actuarial processes, and enhance data analytics capabilities to generate deeper insights and support informed decision‑making.
• Communicate actuarial findings, insights, and implications clearly and effectively to management and relevant stakeholders.
• Provide coaching, guidance, and on‑the‑job development to team members to strengthen technical capability, ensure consistent delivery quality, and build succession within the team.

JOB SPECIFICATION (requirements)

• Qualifications: Degree in Actuarial Science/ Mathematics/ Statistics/ Physics or other physical sciences or numerate discipline. Actively pursuing professional actuarial examinations
• Experience: Minimum 5 years of actuarial work experience
• Knowledge: A numerate and analytical mind.
• Proficiency with programming tools (e.g. Visual Basic).
• Practical knowledge in Prophet (preferred) or other projection software would be preferred but training will be provided otherwise.
• Must be meticulous with the ability to work under pressure.
• Must be self‑motivated with the ability to work under minimum supervision.

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