Senior Analyst- Actuarial (Prophet Modelling)
Prudential · Bengaluru · onsite · Posted 20d ago
About a minute. You'll make an account on the way through.
About this role
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.
Position Title : Senior Analyst Division: Africa Regional Hub (ARH) Function: ARH Actuarial Immediate Supervisor’s Position Title: Africa Prophet Lead Location: Bengaluru, India
Role Purpose: The purpose of this role is to support the Africa actuarial teams on Prophet modelling for the five Africa business units. The role will include responsibilities for enhancing reporting methodologies (IFRS17, EV, local statutory basis) in Prophet, and coding of new products in Prophet. The role will involve coordination and working together with the business units to understand product features and reporting methodologies and to share outputs and explain results. In addition, the role holder will be responsible for supporting complex reporting processes under IFRS 17, Embedded Value (EV) and regulatory frameworks.
Key Accountabilities and Performance Measures Impacted:
Key Accountabilities Performance measures Support in management of all Africa Prophet models. Working closely with Africa Prophet Lead to align on 2026 priorities and leading the execution of these priorities. Some examples include enhancements on EV variances calculations, moving from EEV reporting to TEV etc. Execution of 2026 Prophet priorities End to end coding of new products into Prophet. This also includes supporting on validation and sign-off of the new products. Model documentation in line with code changes or new products and/or metrics coded Ensure timely completion of coding of all agreed newly launched products in Prophet including validation checks, quantification of impacts and documentation of modelling approaches Supporting various stakeholders with Prophet queries Supporting business units with Prophet runs and production of reporting outputs Supporting the pricing teams in production of IFRS17 metrics using Prophet for new/repriced products as/when required On the job upskilling of BU actuarial resources on Prophet Resolution of all Prophet related queries and engaging various stakeholders to explain methodology/output Timely production of reporting metrics and explaining of results
Core requirements: Brief description of any technical skills or qualifications required University graduate in Actuarial Science Strong Prophet skills At least 5 years of relevant experience in life insurance industry Experience in actuarial principles and methodologies Strong analytical and problem-solving skills with attention to detail Proficient in English Strong communication skills and stakeholder management abilities Ability to work independently, manage multiple priorities and peak workload periods effectively
Preferable skills: Brief description of any technical skills or qualifications preferred Experience in Group financial reporting within a multinational organisation Experience in IFRS 17 and EV knowledge is an advantage 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.
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About Prudential

Prudential
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About
Prudential (UK) in partnership with the HCL group plans to set-up a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer.
This joint venture will combine Prudential's global expertise in insurance and financial services with HCL Groups experience in technology and healthcare solutions.
Prudential, with its longstanding presence in India, already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup, India’s first World Cup Victory!
Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience.
To partner with us in this mission, we are looking for a dynamic and Risk Manager to ensure the efficient and seamless operation of the Risk Department and plays a crucial role in identifying, assessing and mitigating risks in the organization
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