Executive/assistant Manager, Pricing

2 weeks ago


Kuala Lumpur, Malaysia Prudential plc Full time

Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.

1. Product Pricing
- Conduct Product Pricing with management of financial and operational risks Product Pricing- Set profitable and sustainable pricing and maintain competitiveness in the market- Support on quotations for tailored group employer scheme- Produce product submission for PCA and BNM and assist on enquiries.- Ensure product pricings complies to requirements set by SOP, PCA and BNM- To ensure product pricing works are accurate, complete and submitted on time

2. Pricing Approach
- Maintain and implement sound Pricing Approach/ Model/ Basis- Proper documentation of methodology and bases.- To run pricing model that is consistent with the Company’s takaful model and profitability measures.- Ensure jobs are accurate, complete and submitted on time.

3. Product Implementation
- To provide timely and effective Product Implementation support- To perform testing on system as per Pricing UAT SOP and ensure completeness and accuracy.- To provide actuarial support in terms of product materials, system requirement/ development, sale illustration, UAT, etc.- Ensure jobs are accurate, complete and submitted on time.

4. Retakaful - Cost effective and efficient Retakaful put in place for all new products before launch- To support works when liaising with Retakaful Operators to obtain competitive retakaful rates as well as supports on pricing and product design, as well as underwriting and claims management.

Qualification and Experience:
- Degree in Mathematics/Statistics/Actuarial Science or other related course.- Good progress in the Actuarial professional examinations (IOA/IOAA/SOA).-
- Good communication skill- Good command in English & Bahasa Malaysia- Good analytical and problem solving skills- Able to work under pressure and deliver within tight deadlines.- Driven by high desire to acquire knowledge and to deliver results



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