Assistant Actuarial Manager/Senior Officer, Par Business Assistant Actuarial Manager/Senior Officer, Par  …

Prudential Hong Kong Limited
in Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Prudential Hong Kong Limited
in Hong Kong
Permanent, Full time
Be the first to apply
Competitive
Assistant Actuarial Manager/Senior Officer, Par Business
At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that you can shape, an inclusive workplace where everyone's ideas are valued and a culture where we can thrive together. Our people stay connected and tuned in to what's happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.

Assist the team to manage the participating business of PHKL including bonus determination, PRE setting and other stakeholder managements.

Job Responsibilities:

  • Coordinate annual bonus declaration, provide analysis to management and support business development on with-profits business, present details to management
  • Take initiatives to propose and conduct ad-hoc projects like bonus enhancement, guarantee charge review and PRE management;
  • Review asset share calculation, fund transfer and other operations relevant to with-profits funds;
  • Support on various governance regarding the with-profits management enhancements; provide analysis and presentation to senior management
  • Work as par fund expert to provide analysis and support to other actuarial functions and other departments in bonus related items


Job Requirements:

  • Bachelor Degree or above (in Actuarial Science / Statistics / Mathematics)
  • Fellow of Society of Actuaries, or other equivalent actuarial bodies
  • 5+ years of experience and development in Life insurance/ consultant industries
  • Proficiency in various reserving and capital basis / financial reporting -
  • Highly motivated and solution focused
  • Ability to manage and coach junior staff -
  • Prior experience in Prophet and stochastic actuarial modelling software is an advantage
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