The Group-wide Risk and Compliance function serves as a second line of defence, overseeing financial and non-financial risks and ensuring adherence to regulatory and internal compliance requirements
Job Summary
The Group-wide Risk and Compliance function serves as a second line of defence, overseeing financial and non-financial risks and ensuring adherence to regulatory and internal compliance requirements.
The Model Risk and Model Validation Center of Excellence team develops and implements the Model Risk Policy, providing independent assurance and validation of key models used across the Group.
Prudential is committed to creating a culture of diversity and inclusion, providing a platform for employees to do their best work and support their career ambitions.
Matching Summary
The Group-wide Risk and Compliance function serves as a second line of defence, overseeing financial and non-financial risks and ensuring adherence to regulatory and internal compliance requirements.
Skills & Requirements
Must-have
Actuarial model validation
Model Risk Policy development
Independent assurance and validation
Group Internal Economic Capital Assessment
Group-wide Supervision framework
Nice-to-have
Analytical mind-set
Strong statistical problem solving
Team player
Flexible to adapt
Communicate with confidence
Key Requirements
Part qualified actuary with 5+ years experience
Life insurance or risk management background
Familiarity with model platforms and risks
Prior actuarial model testing/development/audit experience preferable
Understanding of insurance accounting and risks
Understanding of economic valuation and capital calculations
Understanding of life insurance products and risks