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Assistant Actuarial Manager, Financial Reporting (EEV)

Prudential Hong Kong Limited

  • Company Industries:Insurance/Pension Funding

Job Information

  • Post Date:2019-06-19
  • Career Level:Middle
  • Location:Quarry Bay
  • Yr(s) of Exp:5 years
  • Qualification:Degree
  • Salary:Salary negotiable
  • Employment Type:Full Time, Permanent
  • Job Function:Actuarial
  • Benefits:Five-day work week, Life insurance, Medical insurance

Job Description

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 in leading the team to provide quality regular reporting submissions for EEV reporting (new business reporting, free surplus generation, value of in-force and EEV analysis of movement), provide regular forecast on financial KPIs, prepare financial analysis for Business Plan, and contribute in the preparation of strategic and financial information to senior management. Lead the junior team members to support model development including various model enhancements and the model maintenance for EEV reporting.
 
Job Responsibilities:
  • EEV Reporting: Assist in leading the team to prepare the EEV financial results on a regular basis, including new business profitability, free surplus generation, value of in-force, EEV analysis of movement and experience variance.
  • KPI Management: Provide regular forecast on financial KPIs to senior management to facilitate the monitoring of business performance against targets. Work close with other teams, and implement the initiatives to improve & outperform the financial KPIs.
  • Business Planning: Prepare the actuarial analysis for the financial KPIs for Business Plan. Conduct the Group Risk Appetite to identify the underlying risks and ensure the resilience of the financial KPIs.
  • People Management: Provide guidance, training and supervision to the junior team members. Ensure the junior team members perform tasks in line with requirements and the produced results are accurate with appropriate levels of checking.
  • Experience Monitoring: Work closely with other teams to monitor the operating experiences, including persistency, claims and expenses, and highlight the necessity for ad-hoc deep dive exercise, if needed.
  • Model Management: Lead the junior team members to ensure the maintenance of the actuarial models for EEV reporting purpose, including implementation of various model enhancements and perform model controls and documentations for model changes.

Job Requirements:

  • University degree holder
  • Associate of the Societies of Actuaries or equivalent
  • Strong technical, analytical and problem solving skills
  • Good communication skills and presentation skills, both written and spoken
  • Able to work a fast-paced business environment and perform multiple tasks when needed
  • Minimum 5 years of relevant experience, candidate with less experience will be considered as Senior Officer
  • Experience in financial reporting, in particular EV reporting, is a plus
  • Knowledge in actuarial modeling, e.g. Prophet
For other vacancies, please visit our website at https://prudential.wd3.myworkdayjobs.com/en-US/prudential

We offer an attractive remuneration package including 5-day work week and flexible benefits. Please submit your application with present and expected salaries online.

To apply: https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Hong-Kong/Actuarial-Manager--Financial-Reporting--EEV-_18060118-2

Data collected will be used for recruitment purpose only and will be kept for 24 months. Only short-listed candidates will  be notified.

Company Info

Prudential has been serving the people of Hong Kong since 1964. Through Prudential Hong Kong Limited and Prudential General Insurance Hong Kong Limited, we provide a range of financial planning services and products including individual life insurance, investment-linked insurance, retirement solutions, health and medical protection, general insurance and employee benefits.  Prudential Hong Kong Limited is looking for a high caliber candidate to join the professional financial consultant team.
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