Actuarial Pricing Specialist

About Prudential Assurance Company Singapore

Prudential’s mission is to be trusted partners for every life and guardians of every future. They foster a culture celebrating diversity and inclusion, supporting employees to deliver outstanding work and advance their careers through a supportive environment that promotes connection, growth, and success.

Job Overview

The Actuarial Pricing role centers on accurately pricing insurance products to meet internal financial targets alongside regulatory standards. This involves managing the product delivery process, providing essential actuarial support for timely product launches, addressing inquiries on product design and features, and engaging in miscellaneous project assignments as needed.

Key Responsibilities

• Comprehend and execute the product pricing and delivery workflow.
• Utilize actuarial expertise to make informed business decisions.
• Acquire knowledge of product pricing frameworks, relevant regulations, and develop business insight.
• Respond to queries concerning product features and design aspects.
• Contribute to various ad-hoc projects as required.

Candidate Profile

• Strong technical, analytical, and problem-solving abilities with capacity for independent work.
• Self-driven and effective at collaborating across teams to achieve results.
• Proficient communication skills.
• Detail-oriented with a commitment to high-quality outputs.
• Dedication to excellence in delivering tasks with superior standards.
• Preferred experience includes handling Prophet modelling, ALS tools, and data processing or conversion software such as SQL, DCS, or Alteryx.

Experience and Qualifications

• Minimum five years in actuarial roles or related positions.
• Progress towards professional actuarial credentials from an accredited actuarial institute.
• A bachelor’s degree in Actuarial Science or allied fields such as Mathematics, Statistics, Finance, or Economics.

Diversity and Inclusion

Prudential is committed to providing equal employment opportunities and benefits regardless of gender, ethnicity, age, social background, marital or pregnancy status, religion, disability, or any other protected characteristic. The company encourages similar standards among recruitment partners and accommodates reasonable adjustments to support individuals’ physical or mental health needs.