Deputy Manager, Modelling & Optimisation

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.

Roles & Responsibilities
 

​Modelling of New Products, Annual Model Enhancements and Maintenance 

- Ensure new products modeled into Prophet adhere to BNM's submitted product documentation and the basis.

- Ensure model enhancements/assumption updates are in line with documentation from the valuation team.

- Ensure proper documentation and checking.

Compliance Related to Prophet

- Compile evidence of compliance with regional policies on the Prophet model throughout the year.

- Liaise with internal and external auditors for model and valuation data.

Independent Model Validation

- Perform independent model validation.

- Ensure proper documentation of the validation and findings.

Valuation Data Processing

- Perform checks on DCS used to generate the model point files.

- Perform checks on Alteryx used to generate data input.

- ​Perform valuation data UAT for bug fix and enhancement.

- Liaise with respective teams for ad-hoc data requests and/or valuation data enhancements.

- Lead discussion with IT for prioritisation of data issues ticket.

Prophet Administration

- Liaise with IT regarding the Prophet cloud server and Prophet license server.

- Provide support to various actuarial teams for Prophet related issues.

Data and Modelling Support

- Support the alignment of experience study methodology with actuarial financial projection methodology.

- Provide support for data and model-related queries.

Driving Improvement Initiatives

- Support on FFP related matter.

- Support transformation projects (e.g. migration of DCS to Alteryx)

Job Requirements:

• Degree in Actuarial Science or other quantitative discipline.
• Preferred to have an Associate designation from a recognized actuarial society.
• Knowledge in Prophet, DCS, Microsoft Office (especially Excel and Word) and SQL. 
• Preferred to have minimum 5 years' experience in actuarial field.
• Curious, self-driven, independent, great attention to details, problem solver and work well with others.
• Good spoken/written communication skill.

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.