PBTB | Executive, Management Trainee

PBTB | Executive, Management Trainee

Prudential Financial, Inc
Not Specified
Not Specified

Job Description



At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that can shape, an inclusive workplace where ideas are valued and a culture where can thrive together. Our people stay connected and tuned in to what's happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.The role plays a critical role in terms of Regional financial reporting (Quarterly European Embedded Value Reporting, Business Planning, Annual Incentive Bonus Recommendation). The role holder work within the EEV team to ensure reporting requirements are fulfilled with accuracy within the given timeframe.
Key accountabilities:
  • Request asset and perform update of bond portfolio for PCA to provide fund earning rates (FER). Derive RDRs.
  • Plan and Perform Prophet runs to enable capture of each element (changes of econs and demographic assumptions) for EEV, SST and BP work.
  • Capture and analyse variances (projected from Prophet vs actual) produced.
  • Submit results in relevant forms and format.
  • Perform Budget Planning (BP) - projection of Company's new business and profit over the next three years with explicit projected variances outlined.
  • Stress Scenario Testing - perform company's likely Operating EEV, FSG and IFRS profit in the event of stressed scenario specified at time at 0. SST of BP requires stress at each of next three year.
  • Reconciling profit metrics - IFRS vs Local Solvency vs EEV.

Performance measures
  • Timely delivery of result and message to stakeholders
  • To provide management insights by identifying management initiatives to bridge the gap between financial targets and bottom up financials on regular basis.
  • Good work and team ethics - instructions and checks followed.
  • All submissions are delivered with valuation controls executed (result reasonableness against past year and BP)

Job Details

Employment Types:

Industry:

Other

Function:

IT

Prudentialplc 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. We are proud to be included in the 2022 Bloomberg Gender Equality Index. The index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Our inclusion in this global index is testament to our commitment to nurturing diverse talent. #BloombergGEI . Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

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