Product Proposition Executive

8 months ago

Kuala Lumpur, Malaysia Zurich Insurance Full time

Job Summary- To support the proposition manager in developing the proposition strategy (policy, product, communications, platform, service, target market and distribution). Actively reappraise existing propositions to maintain competitiveness.- Job Accountabilities - Key Accountabilities- Lead small to medium sized product developments and to own and resolve issues on any development.
- Maintain the portfolio of existing products updating them in response to regulatory and technical market changes, producing and maintaining product positioning statements, managing regulatory and other product risks arising.
- Develop and maintain propositions with a customer focus, aligned to brand values. Input to, and support, product development including sign-off of key deliverable's.
- Co-ordinate activity with training to ensure appropriate aspects are communicated and tested.
- Work with promotion teams to understand feedback from events and workshops, to evaluate results to make recommendations for future proposition changes. Determine initiatives to maintain or grow profitable market share for relevant proposition set.
- Exhibit strong all-round business knowledge and understanding on our products, systems and processes as well as the legislative/regulatory environment.
- Business Accountabilities- Collate and analyze data using the Technical Underwriting Review process and make recommendations to support the underwriter´s decision making process.
- Review and interpret information and advise internal clients of appropriate action to fulfill procedural and regulatory requirements.
- Act as lead technical resource, computing rater and premiums for policies using standard methodologies and systems to enable underwriters to deliver to customers efficiently and effectively.
- Assess and evaluate underwriting processes in order to identify areas for improvement, tracking actions and monitoring implementation to demonstrate the impact that change may have.
- Prepare and plan materials needed in order to enable underwriting decision making, making initial recommendations for underwriter´s review/approval.
- Monitor and review financial information, updating where necessary in order to identify any anomalies or discrepancies and ensure management has access to up to date and accurate information.
- Plan and carry out regular project quality reviews using The Zurich Way of Underwriting in order to identify, assess and take action to mitigate risks to project success.
- Undertake investigations and inspections of data, processes and practice in accordance with the Zurich Risk Policy and Multinational Insurance Proposition to identify potential or actual compliance issues and recommend appropriate action.
- Use local knowledge and expertise to provide liaison between market facing and technical underwriting to ensure an effective and efficient relationship which enhances customer service.

**You are the heart & soul of Zurich**

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

Let’s continue to grow together
- Location(s): MY - Kuala Lumpur
- Remote working:

- Schedule: Full Time
- Recruiter name: Tarenjit Kaur
- Closing date:

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