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.Purpose:&nbsp;Assists the GwIA Management Team in providing the Group and &nbsp;Local Business Unit (LBU) Board and Management assurance on company’s internal controls and identifying opportunities for improvement over all aspects of the business.Job Scope:A member of the internal audit resource pool, responsible for:<ul><li>Assisting to develop and continuously review the risk based audit plan for Prudential, aligned to Group and LBU strategy</li><li>Lead or support in delivering the assigned audit which includes entire audit process from planning to issue assurance and closure</li><li>Other GwIA driven initiatives</li></ul>Principal accountabilities:To provide value adding contribution to audit reviews of processes, controls and systems, within Prudential and across the other business units in the Group as required:Project/Audit Execution:<ul><li>Manage the delivery of a portfolio of Actuarial/Financial risk related audit assignments and&nbsp; deliver good quality audit assignments,&nbsp; in line with GwIA audit methodology, Group requirements&nbsp; and standards, resulting in accurate and complete identification of issues</li><li>Take responsibility of audit assignment execution and demonstrate good project management skill when planning, which includes resource allocations and scheduling, communicate objectives to key stakeholders, identify focus areas, formulate review strategies and the audits are delivered on time</li><li>Execute the audits in the approved audit plan including risk assessment and control management over operations’ effectiveness and compliance with all applicable standards and regulations<ul><li>Understand the business, risk and controls through information gathered on the audit scope area, involvement in walkthroughs and discussions with management</li><li>Review the adequacy and efficiency of the controls in place via review of documented procedures and conducting audit testing</li><li>Working papers are documented properly in accordance with GwIA Audit Methodology and approved within the established deadline</li><li>Responsible for discussing the audit report and findings with senior&nbsp; management and ensuring that appropriate responses are obtained for each issue raised in the report, including demonstration of good conflict management skill and remaining professional when criticised</li><li>Draft internal audit report for discussion with GwIA management and auditee management, including display of good and concise presentation of issues/risks</li><li>Monitor progress and adequacy of actions taken to rectify and close out audit issues</li></ul></li><li>Manage a team of auditors on an assignment basis, with responsibility for coaching and mentoring individuals and providing feedback on performance following completion of each assignment</li><li>Seeks opportunities to increase the use of data analytics testing during audit execution</li><li>Continuous monitoring of emerging risks and key changes to the businesses</li><li>Assist in the development of the risk based audit plan in consultation with other auditors and business management, are aligned with audit and company’s strategies</li></ul>Self-Development:<ul><li>Keeps abreast of new information and developments in the industry or best practices in auditing and actuarial field (e.g., by reading, liaising with organization and business core group contacts, or by attending learning and training events)</li></ul>Relationship Management:<ul><li>Maintains good working relationships with all GwIA management team</li><li>Routinely engages and meets business stakeholders as part of GwIA continuous monitoring activities</li><li>To promote GwIA and the service it provides by building strong and effective working relationships with senior management, other staff and external auditors</li></ul>Reporting and Management Information:<ul><li>As part of proactive planning or at the request of the GwIA Management, prepare the internal audit reports and papers for Board and Management committee reporting (and participate in such meetings as required), on the status of the audit plan, audit results and issues status</li></ul>Core Competences Required:<ul><li>When assigned as audit lead or technical expert, serve as a technical advisor and role model for the auditors on audit assignment</li><li>Undertake proactive measures to understand and respond to Senior Management and Audit Committees expectations</li><li>Demonstrate the ability to listen, understand and respond effectively. Willing to engage in constructive conversation with others</li><li>Work co-operatively within diverse teams, work groups and collaborate with other departments across the organization to achieve group and organizational goals</li><li>Display self-confidence when taking on responsibilities and dealing with key stakeholders</li><li>Facilitate teamwork by contributing to team effort, sharing responsibility for team results, and exhibiting a positive attitude</li><li>Accept ownership and responsibility, including taking on additional responsibilities to help the team’s objectives</li><li>Seek industry / specialist training and stay informed about new developments</li></ul>Education and Experience:<ul><li>At least 10 years’ experience in Actuarial, and additional experience in an IA and/or second line role an advantage.</li><li>Recognised Actuarial Qualification (ASA, AIA, AFA, FSA, FFA, FIA or equivalent) will be advantageous</li><li>Additional qualifications such as CIA, CISA beneficial</li><li>Data Analytics experience will be advantageous</li><li>Apart from business-as-usual audit work, have track records of delivering impactful initiatives / products which have helped elevate the function (e.g. helped automate a certain manual process / delivered an automated dashboard for more efficient risk identification etc.)</li><li>General &nbsp;understanding of the local regulations</li><li>Possesses good verbal and written communication skills</li><li>Demonstrable experience of influencing and challenging senior management and building excellent relationships</li><li>Track record of producing value-adding, commercially realistic recommendations in risk, consultancy or internal audit environment</li><li>Leading edge risk management knowledge and expertise</li><li>Relevant industry experience</li><li>High attention to detail and rigorous thinking ability</li><li>Good Team player, who can gain the professional respect of the team</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 a Senior Manager in Actuarial Audit at Prudential. You might like this job because it combines leadership with auditing to enhance business processes, while promoting diversity and growth in a supportive environment.

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.Purpose: Assists the GwIA Manage...

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