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Prudential plc

Actuarial Modelling Specialist (1-Year Contract)

Prudential plc is hiring an Actuarial Modelling Specialist (1-Year Contract) in Singapore, Singapore. Level rates it ; you can apply on Prudential plc.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Level classes it as a mid-level role.
  • Prudential plc has 437 other open roles on Level.

AI in this role

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.
  • Be the subject matter expert across various actuarial disciplines and provide technical guidance, advice and support in modelling projects.
  • 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

 

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.

How we rate this

Actuarial Modelling Specialist (1-Year Contract) at Prudential plc rates 37 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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