Actuarial Associate Manager (Phó Trưởng Nhóm Định Phí Bảo Hiểm)

Prudential’s purpose is to be partners for every life and protectors for every future.

The Actuarial Associate Manager (Phó Trưởng Nhóm Định Phí Bảo Hiểm) will play a key role in supporting the development and implementation of Vietnam's Risk-Based Capital (V-RBC) framework, providing actuarial expertise and business insights.

Responsibilities:

Scope 1: Vietnam Risk-based Capital

• Support the development and implementation of Vietnam's Risk-Based Capital (V-RBC) framework
• Review proposed methodologies, calculations, and calibrations from external consultants
• Assess financial, solvency, and business impacts of RBC requirements on PVA
• Coordinate data collection, validation, and submission for Quantitative Impact Studies (QIS)
• Support testing, documentation, training, and operational readiness activities for RBC implementation

Scope 2: Asset-Liability and Capital Management

• Conduct analysis on asset-liability duration gap on a quarterly basis
• Conduct Group Approval Limit report based on Group requirements
• Review Strategic Asset Allocation (SAA) for various funds

Scope 3: Asset-Liability Committee (“ALCO”) Meeting Support

• Support Head of CAS to coordinate ALCO members and consolidate ALCO materials
• Prepare ALCO meeting minutes

Scope 4: Group Internal Economic Capital reporting (GIECA)

• Perform reporting process to produce GIECA Balance Sheet & Profit & Loss, Available Economic Capital (AEC), and Economic Capital Requirement (ECR)
• Collaborate with Group team in supporting them with their lite model runs and 1-in-200 stress test
• Conduct business plan for GIECA NB AEC and other GIECA ad-hoc tasks/requests

Requirements:

Qualification:

• A good university degree in a subject with significant exposure to actuarial, finance, mathematics, and/or statistics
• Passed some actuarial exams (advantageous)

Experiences:

• At least 4 years of relevant actuarial experience and international reporting standards (mandatory)
• At least 4 actuarial exams passed (mandatory)
• Good command of written and spoken English (mandatory)
• Prior experience with Prophet or other actuarial modelling software such as DCS, SQL, Python, VBA… (advantageous)

Knowledge and skill set:

• Good command of written and spoken English
• Good analytical skills
• Knowledge of Excel, MS Word, Access, and database packages
• Deeply understand about actuarial cashflows, product modelling, product pricing (advantageous)
• Demonstrated understanding of fundamental actuarial concepts (advantageous)
• Knowledge of basic actuarial techniques and terminology (advantageous)