Assistant Actuarial Manager, IFRS17

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. Produce timely actuarial actua

Prudential plc - Mongkok, Hong Kong - Full time

Salary: Competitive

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.

Produce timely actuarial actual reporting prophet runs and results in line with the reporting timelines

• Support downstream activities on preparing financial disclosures and analysis

• Work within the IFRS17 P&C and SOX controls

• Support senior management review, audit and group reviews

• Identify and implement process enhancements to streamline production of results

Job Descriptions:

Work allocation, supervision and delivery:
  • Manage execution of prophet model to produce and communicate high quality results on IFRS17 basis including monitoring and explaining the actual performance against business plan and other key financial measures as appropriate.

Result review, analysis and control:
  • Provide necessary and sufficient analytical review and management control review to ensure the robustness and the explanation of the financials
  • Prepare/manage the processes and controls to ensure high quality results and analysis are produced as efficiently and effectively as possible. Work with both internal and external auditors to ensure processes and controls are high quality
  • Support downstream working of IFRS17 disclosure preparation and analysis

KPI and Change management:
  • Identify streamlining of actuarial reporting processes and implementing automation tools for a smooth reporting process

Team management:
  • Educate and equip the team with both technical and business knowledge, as well as develop their soft skills

Job Requirements:

  • Bachelor Degree in any disciplines
  • Minimum of 5 years working experience in the actuarial department.
  • Good exam progress for SoA or equivalent
  • Good knowledge in actuarial concepts, insurance accounting, HKFRS/IFRS
  • Good analytical, problem solving and organizational skills.
  • Good inter-personal and communication skills in both spoken and written English.
  • Ability to work with diverse personalities, cultures and business practices in an international organization
  • Operates with high standards and integrity
  • Proactive, able to work under tight deadlines/pressure and perform multiple tasks when needed.
  • Familiar with Prophet and with good programming knowledge

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.
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