Prudential

Senior Actuarial Associate

Prudential
Full Time
Central
Non-specified
Intermediate (3-6 years)
Bachelor
English

Job Description

Senior Actuarial Associate

Location: Hong Kong

Perform calculation and actuarial analysis on bonus declaration, User acceptance test and other project initiatives

Description

  • 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 (including EEV, Solvency II and Market Consistent basis( and assist in the preparation of product approval documents

  • 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

  • Conduct user acceptance test on new products/enhancement and on any system enhancements
     

Qualifications and Experience

  • Bachelor Degree or above (in Actuarial Science / Statistics / Mathematics

  • Associate of Society of Actuaries, or other equivalent actuarial bodies

  • Minimum 3 years working experience in Life Insurance industry
     

Skills/Knowledge

  • Strong modeling skills, prefer knowledge in Prophet model programming

  • Strong in attention in details and problem solving skills

  • Stochastic modelling skills is desirable

  • Knowledge in various reserving and capital basis / financial reporting

 


Professional Qualifications

  • Associate, Society of Actuaries (ASA)

Technical Skills

  • Financial Analysis
  • Financial Reporting
  • Life Insurance
  • Mathematics
  • Product Development
  • Statistics