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Prudential has been serving the people of Hong Kong since 1964. Through Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited, we provide a range of financial planning services and products including individual life insurance, investment-linked insurance, retirement solutions, health and medical protection, general insurance and employee benefits.

Prudential plc is an international financial services group with significant operations in Asia, the US and the UK. We serve over 23 million insurance customers and have £457 billion of assets under management as at 30 June 2014. Prudential plc is listed on stock exchanges in Hong Kong, London, New York and Singapore.

Please visit www.prudential.com.hk for more information.

Prudential has been serving the people of Hong Kong since 1964. Through Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited, we provide a range of financial planning services and products including individual life insurance, investment-linked insurance, retirement solutions,...

Prudential has been serving the people of Hong Kong since 1964. Through Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited, we provide a range of financial planning services and products including individual life insurance, investment-linked insurance, retirement solutions, health and medical protection, general insurance and employee benefits.

Prudential plc is an international financial services group with significant operations in Asia, the US and the UK. We serve over 23 million insurance customers and have £457 billion of assets under management as at 30 June 2014. Prudential plc is listed on stock exchanges in Hong Kong, London, New York and Singapore.

Please visit www.prudential.com.hk for more information.

Assistant Actuarial Manager, Chief Actuary Office

Job level Senior
Work exp Minimum 5 Years
Education Bachelor Degree
Location
Within Hong Kong Hong Kong
Employment type Full Time
Industry Insurance
Job function Insurance > Actuarial
Insurance > Others
Published On 24/01/2018 2018-01-24
ref. 18010047

Here at Prudential, we understand that success comes from visionaries like you. Your passion and diversity keep us at the forefront of innovation, which is why we are committed to helping you shape your future. We offer a range of career opportunities that span a dozen countries, each providing international perspectives and local reach. Across the broad scope of our operations, Prudential stands united in our dedication to providing protection – for our customers, our communities and our world.

Support the responsibilities of the Chief Actuary Office to ensure ongoing high performance of the Actuarial department by: (i) contributing to the actuarial governance and control framework; (ii) providing peer review and quality control of key technical output produced by the department; (iii) helping lead actuarial governance, audit and regulatory projects; (iv) providing project management and technical support on special actuarial projects as required; and (v) producing communications to key stakeholders.

Job Description:

  • Actuarial governance and control – Maintain the robust actuarial governance and control framework. Manage and coordinate the governance committees, including ALCO, Technical Committee, etc. Forming agendas to cover key topics, aligning expectations, producing regular papers and MI packs, performing secretarial duties and coordinating follow up actions.
  • Quality control – Assist the Actuarial Manager to provide review of papers, documentation and other communications on behalf of the Chief Actuary, including committee papers, reports for regulators, communications to external stakeholders, product initiatives and ALM initiatives. Identify any issues or potential challenges and ensure the papers are of a high quality, consistency and appropriately consider different financial, commercial and risk aspects. Produce executive summaries of papers as necessary in order to improve the effectiveness of the communication.
  • Governance, audit and regulatory projects – Help lead initiatives related to actuarial governance or audit. Review regulatory developments that are expected to impact multiple BAU teams, assist in overseeing projects to better understand the impacts of the changes and coordinate to embed the developments within BAU activities.
  • Project management and technical support – Provide project management and technical support on special actuarial projects assigned by the Team Head or the Chief Actuary, in collaboration with the BAU actuarial teams as necessary.
  • Stakeholder communications – Construct presentations and responses to queries from internal / external stakeholders and regulators, working with other actuarial teams to deliver a coherent and consistent message to different parties aligning with company’s aims.

Qualifications and Experience:

  • Fellow of the Societies of Actuaries or equivalent
  • University graduate
  • At least 5 years of relevant experience
  • Candidates with less years of experience could be considered for the Senior Actuarial Associate position

Skills/Knowledge:

  • Solid experience in the life insurance industry with broad technical knowledge of different actuarial functions and actuarial bases
  • Strong communication and presentation skills. Proven ability to deliver clear messages to senior stakeholders is a plus
  • Modeling experience with PROPHET and stochastic modeling software
  • Good problem solving and analytical skills
  • Good interpersonal skills and ability to work independently under pressure
  • Actuarial consultancy background or experience in project management is a plus
  • Good command of both spoken and written English

 

For other vacancies, please visit our website at https://prucareer.prudential.com.hk

We offer an attractive remuneration package including 5-day work week and flexible benefits. Please submit your application with present and expected salaries online.

Data collected will be used for recruitment purpose only and will be kept for 24 months. Only short-listed candidates will be notified.