Actuarial Modelling Specialist

2 weeks ago

Singapore Prudential plc Full time

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 and governance of actuarial modelling for the actuarial teams in the Company.

Job Responsibilities
- Maintenance and development of the Prophet Deterministic and Stochastic models, as well as DCS and SQL.
- Collaborate with Pricing, Reporting teams and Regional counterparts to meet the department's modelling requirements.
- Ensuring compliance with Internal and Group governance policies.
- Support Group-wide actuarial modelling initiatives
- Supporting the Appointed Actuary in the approval process for pricing, valuation modelling & methodology for new products.

Competencies & Personal Traits
- Passionate about driving excellence in insurance analytics.
- Good communicator. Possess the ability to explain complex actuarial matters to layman in non-technical and succinct languages.
- Detailed oriented.
- Committed to excellence and always strive to deliver results with high standards
- Good working knowledge of Prophet systems, hands-on experience on actuarial valuation data processing and management
- Experience with ALS model is preferred
- Experience with any actuarial modelling platform (such as Prophet, RAFM and PathWise)

Working Experience
- 3 - 7 years of actuarial experience or any other analytical role

Professional Qualifications
- Actuarial qualification is preferred but not necessary

Education
- Degree in Actuarial, Mathematics, Statistics or Finance

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