Senior Manager Pricing 2 at Prudential plc

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

12 Jul, 26

Salary

0.0

Posted On

13 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial science, Product management, Pricing strategy, Financial modeling, Profit testing, Risk management, Takaful, Shariah compliance, Retakaful, Regulatory compliance, Product development, Leadership, Data analysis, Strategic planning, Stakeholder management

Industry

Financial Services

Description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. The Pricing Senior Manager plays a leading role in terms of product management by supporting delivery of the Company’s growth strategies through innovative product development, assumption setting, modelling, profit testing, ensuring integrity of the pricing model, meet pricing standards, and ensuring financial integrity within the distribution channel compensation. They are expected to assist the HOP in leading the Pricing department to deliver end to end product pricing inclusive implementation. The role holder is required to use his/ her actuarial knowledge and skills: To assist the HOP in leading the Pricing department across different Pricing teams to roll out deliverables. To be the alternate HOP reference/touch point for other department/division To lead their team and support Supervisor in achieving deliverables working across multiple projects which are maybe complex and out of “traditional” Pricing/Actuarial works. To review the team workings to ensure they are correct, fit for purpose and comply with the various standards, requirements and regulations To drive and provide actuarial guidance & insights in developing innovative product with good risk management controls, price profitable and competitive product while ensuring strict adherence to pricing requirements set by Prudential Group and Bank Negara Malaysia. To lead and provide insights on the development of robust pricing model & process with sound actuarial basis and consistency with company takaful model, shariah and profitability requirement. To drive actuarial items and provide actuarial guidance & insights to product implementation committee for timely and effective product implementation To lead and provide insights in implementing cost-effective and efficient retakaful arrangements To ensure product pricing and development is compliance to Local business unit and Group policies as well regulator guidelines. To ensure the pricing approach is based on sound actuarial basis 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. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements. We are Prudential. For Every Life, For Every Future. Prudential plc provides life and health insurance and asset management to 18 million customers across 24 markets in Asia and Africa. We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by around 68,000 average monthly active agents and more than 200 bank partners. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom. Find out more at www.prudentialplc.com Follow us on LinkedIn

Responsibilities

The Senior Manager will lead the pricing department to deliver innovative product development, assumption setting, and financial modeling. They are responsible for ensuring pricing integrity, regulatory compliance, and sound actuarial basis across all product offerings.