Assist in the development and maintenance of comprehensive pricing models and processes that are consistent with the company’s takaful framework, Shariah principles, and financial targets.
Transition from an execution-focused role to reviewer and leadership responsibilities, demonstrating the ability to independently complete straightforward projects or tasks with minimal supervision.
Provide actuarial expertise and support to the Product Implementation Committee to facilitate timely and effective product launches.
Support the development of optimal re-takaful arrangements that enhance risk management while ensuring cost efficiency.
The incumbent is expected to consistently demonstrate and uphold the organization’s integrity and core values by adhering to the company’s code of conduct, established policies, and ethical best practices.
Maintaining exemplary professionalism and integrity at all times is essential, with strict compliance to actuarial standards of practice and all applicable codes of professional conduct.
Key Requirements
Min 2 years of relevant working experience (Ideally pricing, however valuation also can be considered)
Degree in Mathematics/Statistics/Actuarial Science or other related course.
Good progress in the Actuarial professional examinations (IOA/IOAA/SOA).
Competent in actuarial software (ideally Prophet) and Microsoft Office application (Excel, VBA, Word, Power Point) and any other programming language
Good communication skill
Good analytical and problem-solving skills
Able to work under pressure and deliver within tight deadlines.
Driven by high desire to acquire knowledge and to deliver results
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.