ALM Actuarial Specialist

7 days ago


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

About Prudential: At Prudential, our mission is to be partners for every life and guardians for every future. We foster a culture that values diversity and ensures inclusion for our employees, clients, and partners. Our environment empowers individuals to excel in their roles and make a significant impact on the organization while supporting their career aspirations. We are committed to making Prudential a place where you can Connect, Grow, and Succeed.

Key Responsibilities:

  • Conduct regular monitoring of ALM positions, including the preparation of annual health assessments and status documentation; generate data request forms for simulation and other routine activities.
  • Assist in identifying priorities for Strategic Asset Allocation (SAA) reviews, taking into account risk profiles, performance expectations, and risk-reward considerations, while preparing financial impact analyses.
  • Support the exploration of potential improvements in balance sheet management and carry out relevant financial assessments.
  • Maintain ALM-related documentation, prepare materials for Asset Liability Committee (ALCO) meetings, and ensure effective communication channels are upheld, while updating relevant committees on the latest developments in SAA reviews or balance sheet management initiatives.
  • Facilitate the enhancement and streamlining of production and control processes, ensuring compliance with corporate governance standards.
  • Provide analytical support to various actuarial functions and departments, offering guidance to junior team members.

Qualifications:

  • Bachelor's degree in Actuarial Science, Statistics, or a related discipline.
  • Progressing towards an Associate level in actuarial examinations.
  • A minimum of three years of experience in the actuarial field.
  • More experienced candidates may be considered for a higher level position.
  • Proficient in English; proficiency in Chinese is a plus.
  • Familiarity with Prophet and/or stochastic modeling is advantageous.
  • Detail-oriented with strong analytical capabilities.
  • Able to manage multiple tasks and work independently.

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