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Review of Actuarial Department

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Actuarial Trainee in Mumbai (India)
Former Employee - Actuarial Trainee in Mumbai (India)

I worked at Prudential plc

Recommends
No opinion of CEO
Recommends
No opinion of CEO

Pros

It's a relaxed work environment and leaves you good time to focus on your other career plans - particularly continuing education. Plus the company provides good support for Actuarial education.

Cons

The career growth is rather slow and rigid.

Advice to Management

There should be a market competitive study support for Actuarial.

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  1. Hard to generalise.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Prudential plc

    No opinion of CEO
    No opinion of CEO

    Pros

    Leading player in Asia - huge variety in market development/opportunities/challenges as Prudential has insurance and funds businesses in 12-13 markets, from Middle East, through to developing markets like Vietnam and mature markets like Korea and Hong Kong. There are also JVs with major financial groups in China and India. Opportunities for a wide range of market/business experience

    Cons

    Politics and frequent re-organisations. Some markets/functions have very talented and inspiring leaders/staff, but others are consumed by politics. Office can be very clique-y and gossipy. Also, expected to be on call 24-hours (though this depends on team/boss)

    Advice to Management

    More objective and constructive advice and help with career. Right now, it is hard to generalise the experience because it seems like it really varies by department. Maybe more accountability for senior management would create a fairer and more inclusive environment overall.

  2. People management is key for Prudential

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager
    Current Employee - Senior Manager

    I have been working at Prudential plc

    No opinion of CEO
    No opinion of CEO

    Pros

    Good regional network, federated model so local entities are relatively independent, and yet able to leverage on expertise across the region.

    Cons

    Generally, local business has poor human resource management with insufficient attention towards on executive training and development, or cross-placements.
    Promotions are handed out based on years of service, or to fill out gaps at the top, rather than assessment of an individual's real competency or capability to lead.

    Advice to Management

    Leverage on Prudential's global footprint - across insurance and asset management - in order to groom and grow your talent pool.

There are newer employer reviews for Prudential plc
There are newer employer reviews for Prudential plc

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