Actuarial Analyst
7 months ago
Actuarial Analyst
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.
Support Product Actuarial Manager to ensure that pricing activities are in line with sound actuarial principles and standards, statutory requirements and meet department's goals and objectives.
- Provide input all aspects of product design including profit testing and financial analysis, the analysis of competitor's products, and the preparation of Product Approval documents for the regional office.
- Prepare product specifications, policy wordings, regulatory filings and all other material relating to new products.
- Manage and provide the actuarial input on the changes required on the policy administration system & PruQuote, reviewing and ensuring changes are carried out accurately. Ensure changes are properly documented.
- Carry out a wide variety of ad-hoc actuarial investigations, as required from time-to-time, ensuring all results are thoroughly checked for accuracy and consistency.
- Provide support to more junior staff on actuarial concept & techniques so that knowledge of actuarial practice is acquired quickly and effectively.
- Others: to be assigned by the Line manager or Company's management (if any).
Job ID 24050171