At a glanceSummarised by Seekless from the posting.
Must have6
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
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
Provide leadership to the team and assist the Supervisor in meeting project objectives, managing deliverables across a variety of initiatives, including those that extend beyond conventional Pricing and Actuarial projects
To drive actuarial items and provide actuarial guidance & insights to product Provide actuarial expertise and insights to the product implementation committee, supporting timely and effective execution of product initiatives
To lead and provide insights in implementing cost-effective and efficient retakaful arrangements
Consistently demonstrate and uphold the organization's integrity and core values by adhering to the company's code of conduct, established policies, and ethical best practices
About the company
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.
About the role
The Pricing 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 required to lead their team and support the Supervisor/Head of Pricing to deliver end to end product pricing inclusive implementation. The role holder is required to use his/ her actuarial knowledge and skills:
Responsibilities
•
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 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.
•
Provide leadership to the team and assist the Supervisor in meeting project objectives, managing deliverables across a variety of initiatives, including those that extend beyond conventional Pricing and Actuarial projects.
•
To drive actuarial items and provide actuarial guidance & insights to product Provide actuarial expertise and insights to the product implementation committee, supporting timely and effective execution of product initiatives.
•
To lead and provide insights in implementing cost-effective and efficient retakaful arrangements The incumbent is expected to consistently demonstrate and uphold the organization’s integrity and core values by adhering to the company’s code of conduct, established policies, and ethical best practices.
Legal
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.