Pricing & Product Development Manager

1 week ago

Kuala Lumpur, Kuala Lumpur, Malaysia Pacific & Orient Insurance Co Bhd Full time 100,000 - 120,000 per year

Responsibilities:

  • Develop new products to improve company volumes.
  • Assist in development of new distribution channels.
  • Develop policy wording.
  • Assist in producing policy documentation such as product disclosure, brochures, etc.
  • Ensure precise product pricing aligned with best actuarial practice.
  • Develop pricing for new and existing products.
  • Amend pricing based on company strategy.
  • Monitor pricing experience and present results to senior management.
  • Submit pricing templates to Bank Negara Malaysia.
  • Respond to Bank Negara Malaysia business related queries.
  • Support Senior Management in setting and monitoring strategy.
  • Work with reinsurance brokers in finalizing reinsurance at renewal.
  • Assist with analytics in making underwriting changes and in understanding existing distribution channels.

Requirements:

  • Degree in Actuarial Science or related discipline.
  • Preferably a Fellow Member of the Actuarial Society of Malaysia or a member of a recognized Actuarial Institute or Society with 5 years' working experience in General Insurance industry.
  • Analytical, research and creative problem-solving skills.
  • Good written, communication and presentation skills.

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