Job Description
Full details about the role and requirements
Yukerja Summary
The Actuarial EV Inforce role at Prudential Group is curated from JobStreet (category Keuangan & Perbankan). Note the work location (Jakarta) before applying. Yukerja.com is not the employer — applications are handled on the official source site.
Job Scope:
Responsible for monthly reporting, business planning and financial forecasting for EV IF metrics. Leading a team of 3, he/she would be responsible for managing the EV IF results production, communicating business decisions and financial impact to local and group management including auditors, and streamlining the respective reporting process for efficiency.
Responsibilities:
BAU Monthly Reporting & Planning
Lead the team to generate monthly IF reporting and project IF key metrics (i.e. OEV/Operating Experience Variances, OFSG/Operating Free Surplus Generation & EV Profit) for business planning & financial forecasting.
Ensure robustness of processes, accuracy of results and timely delivery.
Engage with other stakeholders (e.g. Finance/Accounting, Budget, Other Actuarial Teams: Experience Study, Local, Channel Profitability) to understand the key drivers behind EV Analysis of Movement.
Communicate the IF key results to local & group management, and internal/external auditors, with clear explanation & supporting justifications.
Perform EV IF performance tracking & provide insights to local management.
Process & Methodology Improvement
Manage EV IF reporting process automation.
Manage EV IF methodology refinement & key metrics optimization, including alignment with local & group management.
Requirements:
5-10+ years' experience in actuarial functions with significant experience in EV reporting (new business or in-force)
Fellow of the local actuarial society (FSAI), or Associate/Fellow of the international actuarial society (FSA, FIA, FIAA)
Strong technical actuarial skills
Leadership and people management capability, including effective coaching and development for team members
Ability to drive change and improve processes and resource planning
Experience of operating in Life Insurance business
Strong analytical skills to understand financial statements and reports
Strong organizational skills
Effective communicator (oral and written) and fluent in English
Sufficient knowledge of insurance product and cashflows and actuarial modeling (including SQL, DCS, and Prophet)