Experience: Minimum one year

Responsibilities

The role offers the opportunity to be involved in a wide range of actuarial work supporting the company’s regulatory and internal capital reporting including the following:

• To develop and deliver complex actuarial models to support Solvency II and Economic value calculations.
• To carry out various tasks for Capital Modelling and Reporting along with ad-hoc process improvements.
• To support in full with-profits liability calibration and validation and to calculate Out of Model adjustments (OOM).
• To support delivery of project within Finance team.
• To support in improvement to overall control environment, customers outcomes and a reduction in Prudential UK’s operational risk.

Additional Responsibilities

• Familiarising with WP / NPUL products and modelling methodology of these products in heavy models.
• To gain exposure on modelling company’s assets.
• Work closely with colleagues at different geographical location, ensuring seamless communications.
• Seek and act on opportunities to develop wider and deeper technical and business understanding of capital models.
• Build good working relationships with stakeholders in wider team and outside of the team.
• Maintaining effective communication with Stakeholders and leadership team members.
• Compliance – Ensure understanding and adherence to Prudential’s Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.

Problem Solving

• Maintain and develop knowledge of technical requirements of job together with the framework in which M&G India operates.
• Ability to confidently express own viewpoint and to clearly and simply communicate actuarial issues within their team.
• Ability to develop clear, workable plans for self; monitor progress; ensure deadlines and commitments are met.
• Ability to think through issues at hand (People / Technical) and propose line of action, solution and way forward.

Working Together

• Ability to plan and prioritise own workload.
• Ability to deliver on multiple tasks to demanding timescales.
• Good level of Stakeholder management skills.
• Communicate effectively with others; develop positive networks and working relationships.

Knowledge

• Confidence & excellent communication.
• Good understanding of data science including data extraction, data process & data analysis
• Good working knowledge of Power BI, Python and VBA.
• Good MS Excel & MS Word knowledge.
• Good level of business influence skills like commercial appreciation and attitude required.
• Good level of understanding of the financial dynamics of our business and how key factors influence the various financial measures

Experience

• 1-3 years of relevant data analysis or actuarial experience.

Educational Qualification

• Graduate in any discipline / Masters in Actuarial Science/Statistics/Economics/Mathematics/Engineering/MBA