Actuarial Associate, Asset Liability Management

3 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Prudential plc Full time

At Prudential plc, we're committed to being a partner for every life and protector for every future. Our purpose drives everything we do, creating a culture where diversity is celebrated and inclusion is assured for our people, customers, and partners. We provide a platform for our team members to excel and make a meaningful impact on the business, supporting their career ambitions and growth.

Job Responsibilities:

  • Conduct regular monitoring of ALM positions, including annual health checks and status note production, as well as data request form generation for simulation purposes and other business-as-usual exercises.
  • Collaborate with the team to identify SAA review priorities, considering risk profiles, PRE, and risk-reward trade-offs, and prepare financial impact and analysis of SAA review.
  • Support the investigation of potential enhancements for balance sheet management and perform respective financial quantification.
  • Maintain ALM-related documents, prepare materials, and organize ALCO meetings, ensuring a quality and efficient communication channel, and assist in updating relevant committees on the latest status of SAA review or balance sheet management initiatives.
  • Streamline and enhance the production and control process, ensuring all initiatives and changes adhere to corporate governance requirements.
  • Provide analysis and support to other actuarial functions and departments, as well as guidance to junior staff.

Requirements:

  • University degree holder in Actuarial studies, Statistics, or related fields.
  • Associate level in actuarial exam progress.
  • Minimum 3 years of actuarial working experience.
  • Candidates with more experience may be considered for assistant manager level.
  • Excellent command of English, with the ability to speak Chinese being advantageous.
  • Knowledge in Prophet and/or stochastic modelling is preferred.
  • Detailed-minded with strong analytical skills.
  • Able to multi-task and work independently.


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