Senior Actuarial Model Risk & Validation Lead

Prudential Services Asia; Kuala Lumpur; On-site; MYR 140,000 - 210,000; Full time

Job summary

Prudential plc seeks an experienced actuarial professional to join the Model Risk and Model Validation COE in Kuala Lumpur. You will help validate critical models used for valuation, capital reporting and pricing, preparing papers for the TAC and governance boards.

Strong analytical mindset and stakeholder communication are essential. The role requires a life insurance or risk-management background, with at least 5 years of relevant exposure, and familiarity with validation platforms and risk

Qualifications

• Part qualified actuary with life insurance or risk management background.
• Experience in actuarial model testing, development validation or audit preferable.
• Understanding of valuation techniques and capital calculations.

Responsibilities

• Assist with model validation preparation and terms of reference development.
• Execute validation activities for critical valuation models and pricing.
• Draft validation reports and present findings to TAC and Board/GRC.
• Conduct ad-hoc analyses to gain comfort with model use in decisions.
• Review model changes and maintain validation governance.

Skills

Actuarial modelling

Model validation

Data analysis

Stakeholder communication

Education

Part qualified actuary

Tools

Actuarial platforms

Validation governance tools

Job description

Prudential plc seeks an experienced actuarial professional to join the Model Risk and Model Validation COE in Kuala Lumpur. You will help validate critical models used for valuation, capital reporting and pricing, preparing papers for the TAC and governance boards.

Strong analytical mindset and stakeholder communication are essential. The role requires a life insurance or risk-management background, with at least 5 years of relevant exposure, and familiarity with validation platforms and risk