Requirement

Key responsibilities

• Ability to understand Actuarial calculations based documents and respond to straightforward technical queries.
• Provide key insights into emerging trends in experience analysis by analyzing data, modeling, and reporting the findings to key stakeholders.
• Ability to perform A/E analysis for mortality, lapse and retirement rates across different lines of business and products.
• Undertake numerical analysis and manipulation using a range of systems and actuarial tools (SQL , Excel , VBA etc.)
• Prepare and document simple models to clearly defined requirements.
• Strong team player, with ability to work in a team or on a project single handed
• Carry out work to an agreed plan, producing deliverables in an agreed timescale
• Good level of interpersonal and networking skills, to develop effective working relationships with team colleagues and internal/external business contacts.
• Ability to identify and understand business issues, and understand the impact on the business of proposed solutions

Problem Solving

• Maintain an audit trail and version control to demonstrate the adequacy of the spreadsheet controls for future enhancements to the product.
• Devise and implement efficient and secure procedures for data handling and analysis with attention to all technical aspects.
• Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.
• Ability to audit, identify and discuss defects, record them and subsequent fixes
• Monitor business and external developments related to own area of responsibility and propose subsequent changes to established procedures.
• Liaise with development, business and systems support teams
• Seek and act on opportunities to develop technical and business understanding.

Working Together

• Ability to effectively influence colleagues
• Ability to plan and prioritise own workload
• Ability to deliver on multiple tasks to demanding timescales
• Communicate effectively with others, develop positive networks and working relationships

Competence /Knowledge / Skills for Internal Applicants

Mandatory

• A numerical based degree or Post Graduate qualification
• Should have cleared 0-3 Actuarial papers
• Good technical understanding of various tools and techniques used eg: SQL, Visual Basic, Python, Power BI and or other relevant Actuarial applications
• Proven ability to set up strong processes and handling big data
• Track record of being a fast learner as evidenced by job performance (and exam progress for Trainees), with some knowledge of significant regulatory processes within Prudential operations
• Good knowledge of the Insurance business with ability to understand Actuarial terms and calculations. Should not have dependencies on the type of project or location in the business.
• Good team player – the execution stage is crucial to the success of the project and it is essential to be able to contribute fully to the team effort
• Strong communication skills – written and verbal

Desired

• Up to 2 years of relevant actuarial work experience
• Some experience and knowledge of Actuarial modelling tools like SQL/ Excel VBA/ Python.
• Resourceful in finding solutions and identifying sources of help and information
• Good planning and problem solving skills
• Flexible approach to responsibilities, working hours, and willing to travel if required