At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that you can shape, an inclusive workplace where everyone’s ideas are valued and a culture where we can thrive together. Our people stay connected and tuned in to what’s happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.
The role plays a critical role in terms of Regional financial reporting (Quarterly European Embedded Value Reporting, Business Planning, Annual Incentive Bonus Recommendation). The role holder work within the EEV team to ensure reporting requirements are fulfilled with accuracy within the given timeframe.
Key accountabilities:
- Request asset and perform update of bond portfolio for PCA to provide fund earning rates (FER). Derive RDRs.
- Plan and Perform Prophet runs to enable capture of each element (changes of econs and demographic assumptions) for EEV, SST and BP work.
- Capture and analyse variances (projected from Prophet vs actual) produced.
- Submit results in relevant forms and format.
- Perform Budget Planning (BP) – projection of Company’s new business and profit over the next three years with explicit projected variances outlined.
- Stress Scenario Testing – perform company’s likely Operating EEV, FSG and IFRS profit in the event of stressed scenario specified at time at 0. SST of BP requires stress at each of next three year.
- Reconciling profit metrics – IFRS vs Local Solvency vs EEV.
Performance measures
- Timely delivery of result and message to stakeholders
- To provide management insights by identifying management initiatives to bridge the gap between financial targets and bottom up financials on regular basis.
- Good work and team ethics – instructions and checks followed.
- All submissions are delivered with valuation controls executed (result reasonableness against past year and BP)
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
