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.
Role Summary:
Perform bonus calculation process, support participating funds related projects and conduct process enhancement.
Major Accountabilities:
Perform bonus declaration and illustration process and Universal life crediting interest rate review for policyholders, provide relevant analysis and reports to the management team; conduct User Acceptance Test for relevant process.
Provide analysis to support project initiatives like bonus rule enhancement, management action review and other analysis required to support business needs and Policyholder reasonable expectation (PRE) management.
Perform asset share calculation, fund transfer and other operations relevant to participating fund
Assist in the maintenance of accurate asset share and bonus models; perform coding changes as necessary and update process and methodology documentation Provide analysis and support to the other actuarial functions and departments in bonus related matters, including handling queries from stakeholders
Qualifications and Experience:
University degree holder majoring in Actuarial studies, Statistics or related fields
Some progress in actuarial exams
Minimum 1 year of actuarial working experience for Actuarial Associate
Skills/Knowledge:
Knowledge in Prophet is a plus
Good command of both spoken and written English and Chinese
Attentive to details and strong problem solving skills
Job Descriptions:
- Perform bonus calculation process, support participating funds related projects and conduct process enhancement.
- Perform bonus declaration and illustration process and Universal life crediting interest rate review for policyholders, provide relevant analysis and reports to the management team; conduct User Acceptance Test for relevant process.
- Provide analysis to support project initiatives like bonus rule enhancement, management action review and other analysis required to support business needs and Policyholder reasonable expectation (PRE) management.
- Perform asset share calculation, fund transfer and other operations relevant to participating fund
- Assist in the maintenance of accurate asset share and bonus models; perform coding changes as necessary and update process and methodology documentation Provide analysis and support to the other actuarial functions and departments in bonus related matters, including handling queries from stakeholders
Job Requirements:
- University degree holder majoring in Actuarial studies, Statistics or related fields
- Some progress in actuarial exams
- Minimum 1 year of actuarial working experience for Actuarial Associate
- Knowledge in Prophet is a plus
- Good command of both spoken and written English
- Attentive to details and strong problem solving skills
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Top Skills
What We Do
In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.
Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.
We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information
Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation
