Prudential is looking for a Pricing Senior Manager to play a leading role in product management and support the company’s growth through innovative product development. At Prudential, our purpose is to be partners for every life and protectors for every future, creating a culture that celebrates diversity and ensures inclusion.
What You'll Do
- Conduct Product Pricing with management of financial and operational risks.
- Drive actuarial items and provide actuarial guidance & insights in Product Implementation Committee for timely and effective product implementation.
- Lead the team in setting profitable and sustainable pricing while maintaining competitiveness in the market.
- Maintain and implement sound pricing approach, models and basis.
- Review the current pricing approach to ensure the approach adopted is consistent with requirements set by management & BNM.
- Liase and manage with stakeholders to ensure effective product implementation and support.
- Ensure the team has provided actuarial support in terms of product materials, system requirement, UAT and etc.
- Ensure effective Retakaful rates as well as supports on pricing and product design, as well as underwriting and claims management.
- Enhance current process to improve effectiveness and efficiency.
- Support tailored repricing for group schemes within turnaround time.
- Independently propose pricing for group scheme within their authority limit.
- Manage stakeholders where necessary including working with group.
What We're Looking For
- 10+ years working experience in pricing or valuation.
- Degree in Actuarial Sciences.
Nice to Have
- Knowledge of Takaful model and products and local regulatory framework.
- Good leadership skills, analytical and problem-solving skills.
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.
