Prudential

Senior Actuarial Associate (Performance Management)

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

Technical Skills

  • Claims
  • Economic Capital
  • Financial Reporting
  • Forecasting
  • Underwriting

Job Description

Senior Actuarial Associate (Performance Management)

Location: Hong Kong

Provide actuarial support to the Insurance Risk & Financial Management sub-team under the Performance Management team on the monitoring and management of Company’s KPI performance and insurance / operating risks

Description

  • Provide support on actuarial analyses to highlight key risks, assumptions, sensitivities underlying the plan and forecast; financial test various potential management actions to ensure resilience and KPI outperformance of the planned financial and commercial targets.

  • Provide support on the close monitoring of business performances of the Company based on various Management Information reports / output; provide commentary and draw useful insights to aid management in the recommendation of appropriate management actions

  • Provide support on the development of appropriate product-related strategies / campaigns aiming to optimize product mix and volume and outperform set targets.

  • Conduct regular experience studies and reporting exercises, identifying key risks to the business and potential opportunities. Provide support on the operating assumption setting exercise and/or other hoc experience monitoring projects / task force.

  • Provide support on the organization of various insurance risk advisory committees (Persistency, Claims and Underwriting) and the preparation of relevant meeting materials / actuarial experience analysis.

Qualifications and Experience

  • At least  3 years or more of actuarial working experience.

  • University graduate majoring in Actuarial Science or equivalent subjects

  • Associate of the Society of Actuaries or equivalent.

Skills/Knowledge

  • Financial reporting and experience monitoring

  • Experience with UK with-profits management and economic capital (e.g. Solvency II) is a plus

  • Decent business and financial acumen

  • Ability to multi-task, be flexible, adaptable and comfortable in a fast-paced environment

  • Excellent written and spoken English


Professional Qualifications

  • Associate, Society of Actuaries (ASA)