Actuarial Manager, ALM

3 weeks ago


Hong Kong, Hong Kong SAR China Prudential plc Full time

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.

The Actuarial Manager will be expected to contribute to a broad range of projects, including supporting SAA review, developing the end-to-end asset solutions and investigating potential enhancements for balance sheet management. In addition, the Actuarial Manager is also expected to oversee ALM related monitoring and BAU tasks. Support identification of SAA review priorities with considerations of risk profiles, PRE, risk-reward trade-off etc. and prepare financial impact and analysis of SAA review Develop the end-to-end asset solution, including new asset classes/hedging program identification and suitability evaluation, respective asset modeling, implication for financials and implementation concern, etc., to improve risk-adjusted return for both policyholders and shareholders Support investigation of potential enhancements for balance sheet management, perform respective financial quantification and support stakeholder engagement Perform ALM position regular monitoring, including annual health check/ status note production; data request form production for simulation generation and other BAU exercises Support maintaining the ALM related documents, prepare materials and organize the ALCO meetings and maintain a quality and efficient communication channel and assist in updating relevant committees upon the latest status of SAA review or balance sheet management initiatives Thought leadership, including oversight and creation of intellectual capital and talent nurturing Support streamlining and enhancing the production and control process and help ensure all initiatives and changes follow the corporate governance requirement

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