Actuarial Modelling Specialist (1-Year Contract)

Prudential Services Asia; Singapore; On-site; SGD 75,000 - 120,000; Full time

Job summary

Prudential Services Asia is seeking an actuarial modeller to lead development and governance of modelling across actuarial teams in the region.

You will maintain Prophet models, coordinate with Pricing and Reporting, and act as SME to guide technical work while ensuring governance compliance.

Qualifications

• Degree in Actuarial, Mathematics, Statistics or Finance.
• Actuarial qualification preferred but not mandatory.
• Experience with governance and modelling in actuarial projects.

Responsibilities

• Maintain and develop Prophet deterministic and stochastic models, plus DCS and SQL.
• Collaborate with Pricing, Reporting and regional teams to meet modelling needs.
• Be SME across actuarial disciplines and provide technical guidance on projects.
• Ensure compliance with internal and group governance policies; support pricing/valuation modelling.

Skills

Actuarial modelling

Communication

Detail oriented

Governance

Stakeholder collaboration

Education

Bachelor's degree in Actuarial Science or Mathematics

Actuarial qualification preferred

Tools

Prophet

PathWise

RAF M

ALS model

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. This role will be highly focused on the development and governance of actuarial modelling for the actuarial teams in the Company.

Job Responsibilities

Maintenance and development of the Prophet Deterministic and Stochastic models, as well as DCS and SQL. Collaborate with Pricing, Reporting teams and Regional counterparts to meet the department's modelling requirements. Be the subject matter expert across various actuarial disciplines and provide technical guidance, advice and support in modelling projects. Ensuring compliance with Internal and Group governance policies. Support Group-wide actuarial modelling initiatives Supporting the Appointed Actuary in the approval process for pricing, valuation modelling & methodology for new products.

Competencies & Personal Traits

Passionate about driving excellence in insurance analytics. Good communicator. Possess the ability to explain complex actuarial matters to layman in non-technical and succinct languages. Detailed oriented. Committed to excellence and always strive to deliver results with high standards Good working knowledge of Prophet systems, hands-on experience on actuarial valuation data processing and management Experience with ALS model is preferred Experience with any actuarial modelling platform (such as Prophet, RAFM and PathWise) Working Experience 3 - 7 years of actuarial experience or any other analytical role Professional Qualifications Actuarial qualification is preferred but not necessary Education Degree in Actuarial, Mathematics, Statistics or Finance

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.

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