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.Job Description Summary
The Pricing Deputy Manager plays an intermediate 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, meeting pricing standards, and ensuring financial integrity within the distribution channel compensation. They are required to lead the junior team members and support Pricing team lead to deliver end to end product pricing inclusive implementation.Roles and Responsibilities:To lead junior team members and support Pricing team lead.To assist the organization or product management team in designing and developing innovative products with good risk management controls, pricing profitable and competitive products while ensuring strict adherence to pricing requirements set by Prudential Group and Bank Negara Malaysia.To ensure the pricing approach is based on sound actuarial basis.To assist in the development of a robust pricing model with sound actuarial basis and consistency with company takaful model, shariah, and profitability requirements.To provide actuarial support to the product implementation team for timely and effective product implementation.To ensure product pricing and development is compliant with Local business unit and Group policies as well as regulatory guidelines.To assist in implementing cost-effective and efficient retakaful arrangements.The role holder shall uphold integrity and value of the organization by adhering to company core values, code of conduct, and policies.The role holder shall uphold the integrity and image of the actuarial profession by adhering to actuarial standards of practices and codes of professionalism.Qualifications and Experiences:At least 4 years of relevant working experience (Ideally pricing, however valuation also can be considered).Degree in Mathematics/Statistics/Actuarial Science or other related course.Good progress in the Actuarial professional examinations (IOA/IOAA/SOA).Competent in actuarial software (ideally Prophet) and Microsoft Office applications (Excel, VBA, Word, PowerPoint) and any other programming language.Good communication skills.Good command of English & Bahasa Malaysia.Good analytical and problem-solving skills.Able to work under pressure and deliver within tight deadlines.Driven by a high desire to acquire knowledge and to deliver results.Prudential is an equal opportunity employer.We provide equality of opportunity and benefits for all who apply and who perform work for our organization 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.#J-18808-Ljbffr