Prudential business areas
We have the following business areas and functions at Prudential UK.
Actuarial
Annuities Operations
Business Change & Design
Corporate & Consumer
Distribution
Finance
Human Resources
International
IT
Marketing
Media Relations
PGDS - Global Operations
Product
Risk
Service Management
Strategic Sourcing
Actuarial
We can offer you an exciting and challenging career with plenty of scope for development. The Actuarial team contribute to the production of all external reporting and develop and support actuarial models. We also help to develop and design profitable new products, while reviewing the profitability of existing products. Our work is key to Prudential's commercial business.
Annuities Operations
In addition to annuities, Annuities Operations also services the Lifetime Mortgage business and provides a cross-operations servicing function for management information, breaches and complaints.
Business Change & Design
We help drive wholesale change by providing high quality project management support to deliver business objectives - working with internal and third party partners. The team finds the issues, creates solutions and makes sure they work.
Corporate & Consumer
C&C's core responsibility is to achieve our targeted sales in Corporate Pensions and non-advised sales to existing customers. C&C have responsibility for communicating our propositions in a compelling, clear and fair way, including the management of our consumer brand.
Distribution
Distribution encompasses Intermediated Distribution (ID) and Prudential Financial Planning (PFP). ID's core responsibility is to achieve our targeted sales through external advisers. PFP's responsibility is to achieve our targeted sales through internal advisers. In all of our sales areas we will ensure that customers are treated fairly and we recognise the extra responsibilities we have in PFP in providing financial advice.
Finance
Fifty percent of our finance team are qualified accountants - and there are few better environments to qualify in. Operating within a business partner structure, finance is truly integrated into all aspects of our business.
Human Resources
Our award-winning teams develop and implement integrated solutions in line with our values, working directly with the business to develop policies, practices and programmes that will support a high performance culture.
International
Our international business, based in Dublin, provides specialist offshore products to the UK and to other parts of the Group. International is also responsible for the design of products for European customers outside of the UK and the delivery of sales and profit targets in these countries.
IT
We develop, support and source a wide variety of software applications. The applications are based on a vast range of software languages and we use various methodologies, tools and standards which enable us to be a highly efficient IT function.
Marketing
Marketing provide our sales channels with expert marketing advice (including compliance sign-off) and marketing material. Working with the channels, Marketing develop and deliver marketing strategies and activity to support the delivery of our business plan.
Media Relations
Media Relations' role is to defend and promote our commercial interests through all media chanels.
PGDS - Global Operations
PGDS is the Prudential Group's global IT organisation providing 24-hour infrastructure support to its international businesses.
Product
Product is responsible for the design, delivery and management of our product suite. Product will ensure that our products are designed to meet customers' needs, treat customers fairly and deliver our profit requirements.
Risk
Prudential's Risk team offers career paths for many professionals in both internal audit and compliance, as well as opportunities in more specialist teams such as fraud, business continuity, data protection and information.
Service Management
We manage the relationships between internal Prudential clients (business units, distribution channels, shared and support services) and our outsource partners. This means all outsource management expertise is centralised, strengthening capability by sharing best practice.
Strategic Sourcing
Strategic Sourcing is not about being a procurement specialist - it's about understanding Prudential's business objectives and delivering the best deal for our internal customers. The team works hard to make every contract improve our business.