Se - Actuarial Ifrs17

Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.

Key accountabilities for detailed design phase:

• Produce technical specification for Prophet actuarial system enhancements required to enable IFRS 17 compliance.
• Develop Financial Impact Assessment on IFRS 17 implementation
• Perform testing and parallel run on model and Prophet
• Develop the transition tool to produce the Opening Balance Sheet
• Update and implement actuary Process maps, RACI matrix, Controls and reconciliation

For future phases of the programme:

• This role will work with development and implementation teams on actuarial system testing and business readiness activities in implementation phase. For all phases of the programme
• Conduct interviews and workshops with stakeholders.
• Build and manage relationships with key local contacts / stakeholders
• Provide insight on industry practices to stakeholders to facilitate project deliverables
• Work closely with the project team, including the Data, Systems, Accounting and Actuarial work streams where the delivery of sub-ledger work-stream requires multi-disciplinary collaboration

Qualifications:

• Knowledge of relevant existing actuarial processes.
• Knowledge of Prophet actuarial system modelling.
• Comfortable working with uncertainty, highly adaptable.
• Bachelor's degree from Actuarial, Mathematics, Statistic, or relevant major.
• Excellent communication, interpersonal and organisational skills.
• Fluent in both spoken and written English (ability to speak one or more Asian languages desirable) Willing to travel (although not extensively)
• At least 2 years of experience in insurance projects, such as Insurance Actuarial change management or life insurance consulting.
• A demonstrable interest in IFRS 17; Solvency II knowledge would be beneficial.

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.