Actuarial Manager

Posted 4 Days Ago
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Metro Manila
Mid level
Financial Services
The Role
The Actuarial Manager is responsible for generating financial reports, ensuring data quality in Prophet models, overseeing the reporting process, managing compliance standards, problem-solving reporting issues, and delegating tasks to team members to promote growth.
Summary Generated by Built In

Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.

Generate various financial reports for EEV as required by (a) regulators, (b) Group Head Office, and (c) management (on ad hoc basis), with acceptable level of quality and in a timely manner.
Ensure compliance with the UDA policy for the identified UDA files and on customer data security policy.

Prophet/DCS Processing

  • Ensure the proper set-up and accuracy of the models.
  • Formulate ways to ensure that quality and accurate data and assumptions are used in reporting.
Prophet/DCS Maintenance and Coding
  • Oversee the proper implementation of solutions on problems in the Prophet model.
  • Ensure that the revisions to the models are properly tested for reporting and sensitivity runs.
Reports – Generation
  • Oversee and lead the team for the entire reporting process and ensure the timeliness of the reports.
  • Spot anomalies and inconsistencies in numbers. Ensure the reasonability, consistency, accuracy of results.
  • Manage internal and external customers in terms adhering to SLAs and other agreements.
  • Manage Regional counterparts.
Reports – Analysis
  • Ensure accuracy, validity, and consistency of the report commentaries.

Reports – Maintenance

  • Create new reporting templates/working files for new or ad hoc reporting requirements.
  • Ensure compliance with various MUDA policies.
Problem Solving
  • Decide on and handle unexpected problems that may arise during reporting
  • Ensure that reporting processes are at optimum level and suggest ways on how to improve efficiency.
People Management
  • Delegate tasks as deemed appropriate to promote growth in team members.

Compliance

  • Ensure that all company policies, procedures, programs and instruction are carried out
  • Be familiar and understand Pru Life UK Compliance Standards. Must be fully aware of his/her responsibilities and competent to carry them out to the required standards. Must report all compliance matters openly and honestly to their Compliance Officer in accordance with the reporting requirements operated by the Compliance Officer. Must operate a process within his/her department to ensure that all relevant compliance matters are identified and reported.

 

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

Prophet
The Company
HQ: Central, Hong Kong
52,292 Employees
On-site Workplace

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

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