Senior Actuarial Analyst

Pru Life UK; Manila; On-site; PHP 600,000 - 900,000; Full time

Job summary

Pru Life UK in Manila is looking for a professional to provide comprehensive support for Actuarial Models and Tools. You will assist in model maintenance, development of new Actuarial Tools, and ensure robust documentation of processes.

The role involves collaboration across departments to enhance model efficiency and accuracy, as well as participation in various cross-functional projects. We are committed to fostering an inclusive environment where every team member can grow and succeed.

Responsibilities

• Provide comprehensive support in the regular maintenance, calibration, and validation of Actuarial Models.
• Build and implement new Actuarial Tools and contribute to Model Optimization efforts.
• Create and update detailed process documentation and implement robust controls.
• Provide assistance and technical support to other actuarial units as needed.

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.

Job Accountabilities

• Reports to the Manager of Actuarial Modeling / In Force Management, who provides oversight, guidance, and strategic direction for all modeling and in‑force management initiatives within the actuarial department.
• Provide comprehensive support in the regular maintenance, calibration, and validation of Actuarial Models and other Actuarial Tools. This includes troubleshooting model issues, ensuring models are up-to-date with the latest assumptions and data, implementing enhancements for new products, and coordinating with relevant teams to address any discrepancies or required enhancements.
• Build and implement new Actuarial Tools and contribute to Model Optimization efforts. This involves identifying opportunities to improve efficiency and accuracy, developing prototypes or new methodologies, conducting user testing, and deploying solutions that enhance the overall modeling process.
• Create and update detailed process documentation and implement robust controls. Responsibilities include drafting and maintaining clear process flowcharts, user guides, and standard operating procedures, as well as establishing audit trails and quality checks to ensure compliance and accuracy in all actuarial processes.
• Provide assistance and technical support to other actuarial units as needed. This may include participating in cross-functional projects, sharing modeling expertise, providing training or presentations, and collaborating to resolve complex actuarial or technical challenges across departments.

Prudential is an equal opportunity employer. We provide equality of opportunity and 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.