Actuarial Modelling Specialist

2 weeks ago


Singapore PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED Full time
Roles & Responsibilities

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.


This role will be highly focused on the development of actuarial modelling to support project as well as to support actuarial teams within the company. The candidate will actively participate in and contribute to the group-wide actuarial transformation initiatives of modelling platform modernization, manage, and drive local adoption as well as involved in training for the new platform to the wider actuarial community.


Role Duties and Responsibilities:


•Be the representative and subject matter expert in actuarial modelling modernisation workstream of project and support the new platform assessment, migration and eventually roll-out to LBUs.

•Collaborate with Pricing, Reporting teams and Regional/Project counterparts to meet modelling requirements

•Ensure compliance with both local and group-wide model governance requirements

•Oversee the local changes and adoption

•Drive proof of concept / pilot project for modelling transformation locally

•Provide training for the new platform to the wider actuarial community.


Who we are looking for:


Competencies & Personal Traits

•Expert in Prophet systems (both Deterministic and Stochastic modelling) and valuation data management program (such as SQL)

•Passionate about driving excellence in insurance analytics

•Experience in managing and delivering large scaled of actuarial model changes

•Passionate about financial reporting and knowledgeable of the end-to-end valuation process

•Detailed oriented and work independently

•Strong technical and analytical skills

•Committed to excellence and always strive to deliver results with high standards


Working Experience

•At least 7-10 years of actuarial experience or any other analytical role (mostly in actuarial modelling)

•Expert knowledge of Prophet system is a must.

•Experience on Prophet ALS model is preferred.


Professional Qualifications

•Actuarial qualification is preferred but not necessary.


Education

•Degree in Actuarial, Mathematics, Statistics or Finance



Tell employers what skills you have

Actuarial
Analytical Skills
Valuation
Reinsurance
Mathematics
Data Management
Rollout
Invoicing
Written Communication
Accounts Receivable
Statistics
Health Insurance
Pricing
Financial Reporting

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