Intern-Actuary

Posted 3 Days Ago
Be an Early Applicant
India
Internship
Financial Services
The Role
The Actuarial Intern will assist in health product pricing, including premium benchmarking, deriving assumptions, and building models. The intern will also help develop the reserving framework and capital modeling. Attention to detail and a willingness to learn Actuarial skills are crucial.
Summary Generated by Built In

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 Profile - Actuarial Intern

Role Title:                                        Actuarial Intern

Department:                                     Actuarial

Location of Internship:                    Mumbai

Tenure of Internship:                       6 months Full time basis

Stipend during Internship:               INR 30,000 per month

Qualification Criteria:

  • Graduate or Post-Graduate in Statistics, Mathematics, Commerce or Actuarial Science with outstanding academic track record
  • More than 2 Actuarial exam passes from Institute of Actuaries of India and/or Institute and Faculty of Actuaries
  • Prior working experience with R, Python, VBA, Power BI etc will be added advantage
  • Good communication skills

Brief Job Description:

  • Assist in Health Product Pricing including:
    • Premium, Feature & Loss Ratio Benchmarking
    • Deriving Assumptions
    • Building Models
    • Draft Technical Notes
    • Addressing Regulatory Queries
  • Assist in developing Reserving Framework, including building Models
  • Assist in developing Capital Modeling & ALM Framework, including building Models

Expectations from the Role:

  • Attention to detail
  • Willingness to learn and apply Actuarial skill set
  • Logical approach to solving problems
  • Ability to liaise closely with different teams in the organization

 

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

Python
R
VBA
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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