Actuarial Analyst

Prudential Process Management India Private Limited
  • Mumbai
  • Confidential
  • 1-4 years
  • 16 Mar 2015

  • Actuarial

  • Insurance
Job Description

Job purpose -

To work under the direction of a Qualified Actuary or other more senior team members.


  • As a Graduate Trainee the person will be required to work in a number of teams across the department. The technical requirements of each role will vary depending on the team the person is in, and will be reflected in her/his annual objectives.
  • Carry out specification and execution of actuarial processes such as Valuation and Reporting, Pricing and Product Development, Calculations support, Deterministic and Stochastic Modelling, Experience Analysis and Model Point Generation, Actuarial SOX Testing, etc... to meet project deliverables within agreed timelines.

Key responsibilities:

  Undertake numerical analysis and manipulation using a range of systems and actuarial tools.

  Prepare and document simple computer programmes and models to clearly defined requirements.

  Support a range of management reports and returns.

  Respond to straightforward technical queries.

  Support other team members in a range of project work as and when required.

  Seek and act on opportunities to develop technical and business understanding.

  Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.

  Compliance -- Ensure understanding and adherence to Prudential's Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.

  Performance Management -- follow and contribute to the recognised Performance Management process.


Problem Solving:

  Maintain and develop knowledge of technical requirements of job together with the framework in which Prudential operates.

  Under supervision, develop clear, workable plans for self; monitor progress; ensure deadlines and commitments are met.

Knowledge / Skills:

  0-2 years of relevant Actuarial experience

  A student member of the Institute or Faculty of Actuaries and / or Indian Institute of Actuaries. Should have accumulated up to 6 credits (equivalent to ~6 Actuarial examinations).

  Actively studying for and making satisfactory progress with the Institute / Faculty exams as defined in the Mumbai Actuarial Study Support Policy.

  Awareness of the Financial Services industry and regulatory environment.

  Some knowledge of significant regulatory processes within Prudential UK operations.

  Reasonable knowledge of insurance industry related products.


Competencies/Skill sets for this job

Actuarial Actuarial Valuation Actuarial Analysis

Job Posted By

Tina Yesambare
Manager - Talent Acquisition