Actuarial Verification Lead
5 days ago
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.
Role and Responsibilities
- Requirements Alignment: Collaborate with Group and LBU teams to understand and align Actuarial Test and PathWise Testing for GTP
- Testing Strategy & Planning: Work closely with partners and other stakeholders to define a comprehensive test strategy for products across the Domain, ensuring alignment with business objectives and regulatory requirements.
- Test Execution & Coordination: Oversee and coordinate System Integration Testing (SIT), User Acceptance Testing (UAT), and Regression Testing, ensuring smooth execution across Group and LBUs.
- LBU Coordination: Act as the single point of contact for all domain spectic test activities, ensuring timely communication, defect triaging, and issue resolution between LBUs and the central testing team.
- UAT Handholding & Support: Guide and support business users during UAT, ensuring they have the necessary training, access, and knowledge to execute test cases effectively.
- Defect Management & Reporting: Drive defect triaging and reporting, collaborating with Oracle support, Implementation partners, and internal teams to resolve defects promptly.
- Compliance & Best Practices: Ensure adherence to best practices, regulatory requirements, and security compliance specific to Oracle Fusion implementations in insurance and financial services.
Qualifications
- 4+ years of experience in Testing on Actuarial and pathhwise (Finance and Accounting). Exposure insurance products is essential
- Exposure to actuarial modelling software
- Expertise in test planning, test execution, test data preparation, and defect management.
- Build and validate actuarial models for pricing, reserving, and forecasting.
- Ensure actuarial practices align with local and international regulations (e.g., IRDAI, Solvency II, IFRS 17).
- Strong stakeholder management skills, with the ability to work effectively with business users, vendors, and IT teams.
- Knowledge of finance processes and compliance in an insurance company setting.
- Excellent communication and documentation skills, with the ability to convey technical details to business users and vice versa.
Preferred skills
- Knowledge on IFRS 17, Actuarial.
- Actuarial Certified.
- Support audits and regulatory filings.
- Validate actuarial logic in software systems.
- Perform scenario testing for insurance illustrations and projections.
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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