Our teams are innovative, hands-on and collaborative. The power to share and collaborate requires respect, integrity and teamwork. 

United through teamwork

Our company is rooted in a rich heritage but to look to the future, we need new energy and perspectives.

Open and collaborative culture

We are here to help our employees expand their skills and expertise in various areas.

Connect, Grow, Succeed

Prudential plc

Prudential Assurance Malaysia Berhad (PAMB) is a leading and innovative insurance company in Malaysia, serving the savings, protection and investment needs of Malaysians by offering a full range of financial solutions through its branches, agency force and bancassurance distribution partners network nationwide. 
Our purpose For Every Life, For Every Future is to provide simple and accessible financial and health solutions to every generation.
PAMB was established in Malaysia in 1924 and is a subsidiary of Prudential plc, which was founded in London in 1848. Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa.
This year, we are proud to celebrate Prudential’s 100th anniversary in Malaysia.
Source: <a href="https://www.prudential.com.my/en/our-company-about-us/" target="_self">prudential.com</a>

Who We Are

Purpose
For Every Life, For Every Future
Mission
To be the most trusted partner and protector for this generation and generations to come.
Source: <a href="https://www.prudential.com.my/en/our-company-about-us/" target="_self">prudential.com</a>

Our Values

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.JOB SCOPE:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The incumbent is responsible to assist the Actuarial Manager / Senior Manager to define and implement appropriate actuarial standards and work processes in relation to the provision of actuarial services to the Company.Actuarial knowledge and skills are necessary in various aspects of insurance business, e.g. product design and pricing, analysis of the company’s claims, persistency and expense experience, arrangement of reinsurance, calculation of reserves and profit reporting under various regulatory bases.<h3></h3><h3>PRINCIPAL DUTIES &amp; RESPONSIBILITIES:</h3>Assist the Actuarial Manager / Senior Manager in providing Actuarial technical support and specifications with respect to various business projects. This includes financial analysis, projections as well as contributing towards the delivering of medical repricing project.Review and analyse Prophet model office financial output. This will include all financial metrics, including but not limited to EEV, NBP, IFRS and RBC. Perform reasonable checks as appropriate. Interpret and communicate results to Actuarial Manager/ Senior Manager. Accurate and timely production of financial output.Accurate and timely production of actuarial experience studies for the purposes of monitoring actual versus expected experience. Interpret and communicate results of such studies to the Actuarial Manager/Senior Manager and other departments. Experience studies include appropriate studies on insurance risk, persistency, expenses and investment returns.Provision of general actuarial support to other departments as necessary. Provide guidance, training and general supervision to Actuarial Professionals if required.Recommend solutions to improve governance, quality and transparency of processes and reportsJOB SPECIFICATION:Qualifications: <ul><li>Degree in Actuarial Science/ Mathematics/ Statistics/ Physics or other physical sciences or numerate discipline.</li><li>Actively pursuing professional actuarial examinations</li></ul>Experience:<ul><li>At least 0-3 years of relevant actuarial experience</li></ul>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Knowledge: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<ul><li>Practical knowledge in Prophet (preferred) or other projection software would be preferred but training will be provided otherwise.</li><li>Must be meticulous with the ability to work under pressure.</li><li>Must be self-motivated with the ability to work under minimum supervision</li></ul>&nbsp; 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.<div></div>

This job is an Actuarial Professional at Prudential, where you&#x27;ll help ensure financial stability in insurance by analyzing data and supporting projects. You might like this job because it offers growth opportunities and a team-focused culture.

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.JOB SCOPE:        The incumbent ...

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