To work under the direct supervision and guidance of the Director IA and Manager IA to generally achieve the following mainly for PPMS and for GWIA function- Internal audit : Deliver IA reviews of consistently high quality.   Planning:  - Being able to properly assimilate the information provided by the Lead Auditor from the Planning phase of the audit.   - The Auditor should be able to understand the business background of the area being audited; and their role in the audit assignment.   - It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit.   - Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary.   Fieldwork:  - The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme.   - The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme.   - Address any review points raised by the Lead Auditor/ Manager and QA team.  Reporting:  - Support the lead auditor in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made.   - Populate Teammate with planning, fieldwork and reporting material   - Assist the Lead Auditor and Audit Manager in discussing and finalising the findings and actions with the management responsible for the activities being audited.  Issue Assurance:  - Document Issue Assurance workpapers on Team Central   - Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors.   - Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.   - Work with minimum supervision   - Maintain domain expertise  This job will involve significant travel outside India.  Technical Actuarial Qualifications and knowledge:  - At least 2+ years of relevant actuarial work experience based on Life, General, Pensions or Health  - Should have cleared 5 to 9 Actuarial papers  - Should have worked on a variety of actuarial processes during his/her tenure (for eg. Pricing, valuation, product support, etc.)  - Good understanding and knowledge of Actuarial modelling techniques  - Good understanding and knowledge of actuarial tools, techniques and procedures (including control frameworks for actuarial processes)  - Ability to interpret simple and complex actuarial formulae  - Awareness of reporting and regulatory requirements relevant to Prudential Group (Atleast one of Solvency 2, Embedded Value, Statutory and Realistic Reporting)  Skills  - Ability to grasp issues and learn new concepts quickly   - Proficient with MS Office applications   - Ability to plan and deliver work assigned in an organised manner   - Take responsibility for own work and assigned areas   - Focused on delivery and quality   - Work on identified development areas to improve further   - Integrity   - Proactive in managing own utilisation   Self-motivated:  - Acts promptly to resolve stakeholder requests or problems   - Responds positively to changes within the team, structure and process   - Problem / Issue Identification   Inquisitive:  - Logical and Structured thought process   - Good written and verbal communication skills   - Get point across clearly   - Creates accurate and clear e mails and work papers covering simple areas   - Team player - Works co-operatively with others in own team to achieve team goals   - Flexes own style and approach to fit in with other colleagues in own area   - Articulates a point of view, persuasively and credibly   Attitude:  - Good team player   - High on integrity   - Demonstrates ethical behaviour   - Orientation to timely delivery of work to a professional standard   - Pragmatic approach   - Willingness to travel extensively   - Commercial orientation  About Prudential:   Prudential plc’s strong mix of businesses around the world positions us well to benefit from the growth in customer demand for asset accumulation and income in retirement. Our international reach and diversity of earnings by geographic region and product will continue to give us significant advantage.   Our commitment to the shareholders who own Prudential is to do everything we can to deliver them the best possible value over the term of their investment, consistent with prudent management of the Group. We do this by investing for the long-term to develop and bring out the best in our people and our businesses to produce superior products and services, and hence superior financial returns. Our aim is to deliver top quartile total shareholder returns among our international peer group.   At Prudential, our aim is to create and retain lasting relationships with our customers and policyholders, through offering relevant products and services that give them value for money and security. We also seek to enhance our Company’s reputation, built over more than 150 years, for integrity and for acting responsibly within society.   About PPMS:   PPMS is a wholly owned subsidiary of Prudential Plc.UK based out of Powai Mumbai, through businesses in Europe, Asia, and the United States, provides retail financial products, services and fund management options to customers. Established in 1848, today Prudential is a leading international financial services company with some 21 million customers, policyholders and unit holders and more than 27,000 employees worldwide. In UK, Prudential is a leading life and pensions provider having over seven million customers.

Mumbai

Prudential - AM - Actuarial Auditor 

Prudential - AM - Actuarial Auditor  ,Job Description for Prudential - AM - Actuarial Auditor  in Prudential Process Management Services India Pvt Ltd in  Mumbai for (2-4) years of experience. Apply Now!

Job Description for Prudential - AM - Actuarial Auditor  in Prudential Process Management Services India Pvt Ltd in  Mumbai for (2-4) years of experience. Apply Now!