Reinsurance
2 weeks ago
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 focus on all reinsurance solutions for the Company.
**Job Description**:
- Responsible for the preparation of Reinsurance analysis including cost of reinsurance, sum at risks statistics and retention level.
- Responsible for reinsurance reporting to MAS, senior management, local and regional office.
- Providing support to reinsurance projects for new product launch, financial optimization and where the partnership with reinsurers are involved.
- Responsible for the timely administration of reinsurance transactions / settlement, signing and execution of reinsurance treaties backing all reinsurance arrangements.
- Comply with controls and standard operating procedures around reinsurance system setup, changes and enhancements.
Who we are looking for:
Competencies & Personal Traits
- Good technical, analytical and problem solving skills, with the ability to work independently
- Good communication skills
- Self-motivated and outcome oriented
- Detailed oriented
- Committed to excellence and always strive to deliver results with high standards
- Experience with Prophet model and ALS, data processing/conversion software e.g. SQL/DCS is preferred
Working Experience
- 1 - 4 years of relevant experience in actuarial roles or positions
Professional Qualifications
- Good progress in actuarial examinations from a recognized professional actuarial body
Education
- Degree in Actuarial
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