Head, Actuarial

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.

• Carrying out the role of Head of Actuarial Function in line with the requirements of the NIC’s Governance and Risk Management Framework.
• Lead product development, pricing of products and competitor pricing analysis and presentation of analysis and recommendations to both local and regional stakeholders.
• Work with the Finance Team to support IFRS 17 compliance through assumption setting, model development and reporting. 
• Lead actuarial services related to reserving, financial reporting, reinsurance and new business / embedded value reporting
• Participate in strategy development as assigned and implement the actuarial components of the strategy to facilitate the wider business strategy such as providing actuarial inflows and outflows for the annual 3-year plan.
• Responsible for providing actuarial input and recommendations to management for business decision making and advising management of the actuarial and business implications of strategies; the risks involved and potential risk management/mitigation options available.
• Review analysis of experience trends and expenses, initiating action where necessary; recommend further analyses and investigations. Lead the assumption setting process including proposing any assumption changes and its impacts on various metrics.
• Development and roll-out of Prophet actuarial system.
• Assist in solvency assessment (current and future) and asset liability matching.
• Annual assessment of performance of reinsurance treaties and recommendations for any potential changes.
• Lead, develop and manage a team of actuarial analysts to deliver team and company objectives.
• Enforce close liaison with local, regional and Group stakeholders.