Pricing, Senior Executive

Job Function

Responsible to assist Supervisor/HOD in carrying out day to day product pricing activities and provide on-going pricing-related support to operation teams and all distribution channels. To ensure all day-to-day tasks are carried on a financial sound basis and comply with both internal policy & regulatory guideline.

Job Responsibility

Product Pricing

• Ensure all product Pricing activities adhere to relevant internal policies and regulatory guidelines.

• Ensure all product Pricing activities are financially and business sound.

• Actively involved in product development cycle and provide pricing related support to various functions, including but not limited to operations, risk management, compliance, marketing etc.

• Assist in proper setup of sales illustration, e-submission platform & backend system for pricing related items.

• Assist in performing comprehensive UAT to ensure setup is as expected.

• Assist in preparing product filing approval materials, eg, submission to BNM and TMA approval.

• Assist in performing reinsurance support assessment before product launching.

• Ensure proper documentation for all the works done.

Business Support

• Provide on-going pricing-related support to other key stakeholders (e.g. new business, claims, customer services, distribution channels etc.) to support day to day business processes and queries.

• Provide on-going support to distribution channels in assessing various business proposals to ensure it is financially and business sound.

• Perform various business analyses from time to time to identify and address sales and product issues.

Process Improvement

• Ongoing improvement to the processes of current day-to-day tasks to increase efficiency, reduce TAT, and increase quality of work.

• To provide pricing-related support to other departments to improve efficiency of current business process as assigned by Supervisor/ HOD.

Others

• Any Special Projects and Ad Hoc Tasks as assigned by supervisor/ HOD.

• Ensure high quality of work.

Job Requirement

• Candidate must possess a Bachelor's Degree in Actuarial Science.

• At least 2 year(s) of working experience iin Actuarial field, preferably in Product Pricing role

• Excel in using Microsoft Office, especially Microsfot Excel, plus point to have good knowledge in programming and software such as DCS and Prophet.

• Good technical and analytical skills

• Detail-oriented, efficient, self-motivated, and able to work under pressure.

• Sound actuarial knowledge, pricing or valuation background and is actively pursuing professional papers