Assistant Actuarial Manager, Modelling and Innovation
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.

The Modelling and Innovation team (1) performs advanced actuarial modelling projects to maintain and develop actuarial models, ensuring a robust and efficient model for actuarial reporting, pricing and bonus recommendation purposes, and (2) performs innovation projects within the actuarial teams helping the actuarial teams to be more efficient and effective.

Job Descriptions :

  • Model enhancement projects : Take part in the actuarial discussion and assessment of the project scope and expectation to identify financial drivers and practical solutions;
  • Construct the technical specification and model design with balance of technical robustness and operational efficiency; Carry out the model enhancement and robust change management;
  • Analyze and interpret the financial results and findings; Present the end-to-end project conclusions and recommendations for senior management approval;
  • Prepare documentations on the model change including modelling methodology and expert judgements made. Projects may include but not limited to alignment of actual management practices, model integration, and address the issues raised by model users.

  • Model maintenance : Assist in the maintenance of advanced actuarial models, including the deterministic model, stochastic model, dynamic model and ALS model;
  • Perform model enhancements to integrate new product features and improve model efficiency; Perform regular model validation projects to ensure model accuracy;
  • Maintain a good standard of model control through robust documentation of modelling methodology and known limitations; Assist in constructing technical responses to actuarial queries from external stakeholders, including regulators, auditors, regional office and group office.

  • Innovation projects : Provide technical and project management support on special actuarial projects assigned by the Team Head and / or the Chief Actuary.
  • Drive the use of new techniques in different actuarial tasks, for example, the production and development of new experience analysis.

    Job requirements :

  • University graduate, with good progress in actuarial examinations
  • At least 4 years of relevant experience
  • Knowledge and experience in life insurance industry, preferably with UK with-profits management, economic capital (e.g.
  • Solvency II) and financial reporting experience

  • Experience in Prophet or other equivalent actuarial modelling software; Exposure to Prophet ALS modelling would be a plus
  • Good command of both spoken and written English and Chinese
  • Excellent analytical and problem-solving skills
  • A team player with good interpersonal skills
  • Proficiency in Microsoft Word and Excel
  • 报告这项工作

    Thank you for reporting this job!

    Your feedback will help us improve the quality of our services.

    通過點擊“持續”,我允許neuvoo同意處理我的數據並向我發送電子郵件提醒,詳見neuvoo的 隱私政策 。我可以隨時撤回我的同意或退訂。