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Assistant Actuarial Manager, Reinsurance Services Job Opening In Hong Kong, Hong Kong – Now Hiring Prudential plc


Job description

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.

Job Descriptions:

  • Support in-force reinsurance arrangements management by assessing effectiveness of the treaties and recommending appropriate actions such as recapture.
  • Support obtaining Reinsurance Committee’s and Group’s approval on any proposed changes to reinsurance arrangements.

    Perform impact analysis across various reporting basis to support the proposal to the management.
  • Review treaty terms for both existing and new treaties and negotiate with reinsurers for better terms
  • Monitor counterparty risk exposure and collaborate with Group Office on the regular threshold reviews.

    Ensure compliance within the approved limits.
  • Handle reinsurance-related submissions (e.g., Risk Transfer Template, Pillar 3, SOX audit).
  • Prepare meeting materials and support Reinsurance Committee meetings.
  • Liaise with the modelling team to ensure accurate reflection of reinsurance arrangements in Prophet, especially for new changes.
  • Job Requirements:

  • University degree holder majoring in Actuarial studies, Statistics or related fields
  • Associate level in actuarial exam progress
  • Minimum 4 years of actuarial working experience, candidates with fewer experience will be considered as senior actuarial associate
  • Knowledge in Prophet is preferred
  • Good command of both spoken and written English
  • Detailed minded with strong analytical skills
  • Required Skill Profession

    Mathematical Science Occupations


    • Job Details

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