Senior Group Manager, Valuation

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.

Job Scope:

Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps individuals to de-risk their lives and deal with their biggest financial concerns through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong and Singapore.

Prudential was founded in London in 1848 on the principles of integrity, security and prudence and we still adhere to those principles today.

Prudential Plc issues a significant number of financial products, all of which involve an underlying exposure to investments both from the perspective of generating returns in line with policyholder expectations and matching any guarantees.

The Group Alternatives Investments within GCIO sets the framework for investment due diligence and ongoing performance monitoring of investment funds pertaining to non-public, alternative investments. Examples of such private alternative strategies include, but are not limited to, private equity, private real estate, private infrastructure, and private credit funds. The GAI team plays a pivotal role in ensuring that these investment vehicles align with Prudential's risk management standards and strategic objectives, supporting the company's broader mission to deliver sustainable value to policyholders and stakeholders.

Principal Accountabilities:

Support Performance Monitoring

• Maintain ongoing collaboration with fund managers to collect, measure, and analyse investment data.

• Prepare reports that provide clear insights into investment results across private equity, private credit, real estate, and infrastructure funds.

Lead Enhanced Monitoring Process

• This includes:

  • Valuation Reasonableness Checks: Apply hands-on knowledge and experience in valuing Private Equity/ Real Estate/ Infrastructure deals.

    • Using industry standard methods such as discounted cash flow (DCF), public comparables, and analysis of past transactions.

    • Checking valuation reasonableness of Private Market investments

    • Documenting rationale and maintaining valuation consistency.

  • Stress Testing: Perform stress tests to evaluate emerging risks within the portfolio and assess potential impacts on investment performance.

• Significant amount of travelling is expected to execute enhanced monitoring process

Support the Automation of Private Markets Reporting and Analysis

• Contribute to the development and implementation of automated systems and processes to streamline data collection, analysis, and reporting for private market investments.

• Enhance the accuracy, timeliness, and efficiency of reporting through automation and process improvement initiatives.

Core Competences Required:

• Valuation of Private Equity, Real Estate and Infrastructure deals

• Advantage to have Credit ratings knowledge

• Strong analytical skills and proficiency in Excel and financial data tools

• Solid understanding of alternative assets classes and their unique challenges in performance measurement and risk evaluation

• Excellent communication skills with the ability to explain complex information clearly to diverse audiences

• Detail-oriented, proactive, and capable of working effectively in a dynamic environment

Education and Experience:

• 10 years of relevant experience

• Bachelor's degree in Finance, Economics, Accounting or a related field

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.