Actuarial Intern - July to Dec 2024

The Programme

Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners.

We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions.

We pledge to make Prudential a place where you can Connect, Grow and Succeed.

Interns will be allocated to different Actuarial teams and be exposed to various actuarial functions, which include: 

• Product Implementation: Involved in the actual implementation of new product launch with participation in model update and supporting UAT.
• Channel Support: Liaises with different department/ channel support to handle special quotation and ad-hoc enquiries from other departments.
• Experience Monitoring: Perform experience and data analysis investigations.
• Financial Reporting and Analysis: Participate in regular financial reporting of business results across various reporting metrics. Support the implementation of the new accounting standard for insurance contracts (IFRS 17).
• Participating Business Management: Participate in Par fund management, including asset shares calculation, bonus review and other projects.
• Capital Management: Assist in capital adequacy under RBC basis and impacts assessment of different capital management initiatives.
• Modelling and Innovation: Support the maintenance, development, and enhancement of actuarial models.  

About Us:

Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa.

We help people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. We protect people’s wealth, help them grow their assets, and empower them to save for their goals.

The business has more than 18 million life customers in Asia and Africa. Prudential has been providing trusted financial security for 95 years and is listed on stock exchanges in London, Hong Kong, Singapore, and New York.