Senior Actuarial Associate, Actuarial Product
Hong Kong

At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities.

We strive to build a business that you can shape, an inclusive workplace where everyone’s ideas are valued and a culture where we can thrive together.

Our people stay connected and tuned in to what’s happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.

To perform actuarial & financial analyses and provide technical support (include financial modeling) to senior members of the Actuarial Product Management team in various product pricing projects, user acceptance test and other project initiatives and provide operational support on ongoing product management.

Job Descriptions :

  • Participate in product development process and assist in recommending appropriate premium and policy values based on various financial and scenario analysis.
  • Perform robust actuarial pricing analysis under various financial reporting measures and assist in the preparation of product approval documents.

  • Review marketing materials and provisions to ensure no all information are correctly and properly reflected. Work closely with product workstream members and conduct user acceptance test on products and enhancement on any product development and system enhancements projects.
  • Assist the ongoing monitoring of the profitability / sustainability of in-force products and recommend actions through performing appropriate risk / financial analysis
  • Handle and recommend solutions to day-to-day operations issues / enquiries / requests raised from distribution channels and other departments.
  • And provide guidance to juniors on these matters.

    Job Requirements :

  • University graduate majoring in Actuarial Science or related curriculum
  • Associate of Society of Actuaries or equivalent
  • Minimum 3 years of actuarial working experience
  • Good communication skill and command of both spoken and written English and Chinese
  • Excellent analytical and problem solving skill
  • Solid actuarial knowledge (eg. various reserving and capital / reporting basis) and good financial modeling skill
  • Knowledge in Prophet model programming is preferred and stochastic modelling skill is desirable
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