Senior Executive - Actuarial IFRS17

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.

The role holder will be required to assist the Actuarial IFRS 17 Planning & Forecasting Lead by working independently and collaborating with other IFRS 17 functions to: 

• Produce financial projections and forecasts, including Management Information (MI) reports such as Source of Earnings (SoE), Contractual Service Margin (CSM) roll-forward, Operating Profit, and Balance Sheet under IFRS 17. Collaborate closely with IFRS 17 Finance, IFRS 17 Actuarial Reporting, and the Embedded Value Team to ensure accuracy and consistency.
• Perform thorough analytical reviews of financial and MI results to provide assurance and insights to the Head of Corporate Actuarial, Chief Actuary, and Chief Financial Officer (CFO).
• Perform bridging projection and forecast of financial and MI results against actual reporting such as CSM and RA amortization, experience variances, Net Investment result, etc. Align forecasts with business plans across different reporting bases (e.g., EEV, Local GAAP), including New Business Profit (NBP) and Shareholder Fund (SHF) bridging.
• Support the Future Finance Program (FFP) initiatives aimed at enhancing forecasting processes and reporting outputs within the IFRS 17 Business Planning & Forecasting team.
• Identify and resolve issues in forecasting methodologies and solutions in collaboration with the IFRS 17 & Modelling team, ensuring continuous improvement and robustness of financial models.

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.