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Job ID: 35016
Job Openings by Title Pricing Manager
Location Malaysia
Description:
Position:	Pricing Manager

Company:	Insurance

Location:	Malaysia

Job ID:		35016


Responsibilities:

- Participate in the product development process with other relevant Departments. Provide technical support and specifications with respect to new insurance products.
- Recommend appropriate pricing assumptions and profitability targets. Undertake pricing of products based on agreed pricing assumptions and profitability targets in Prophet and Excel. Correct and timely pricing of products.
- Accurate and timely provision of actuarial support to Product Implementation Team. This includes review of policyholder documentation / sales materials, formula specs for Sales Illustrations, review of test plans, etc.
- Model and analyze Prophet model office for new products / modifications. This will include all financial output where Prophet is used. Perform reasonable checks as appropriate. Interpret and communicate results to Actuarial Manager/ Senior Manager / Head of Pricing. Accurate and timely production of financial output.
- Participate in assessing risks inherent in a new product, communicate implications effectively and identify mitigating solutions to manage risk.
- Participate in various company-wide business initiatives. This includes: system upgrade initiatives, business retention and solutioning, product and process reviews, regulatory change requirements.
- Provision of general actuarial advice and expertise to address policyholder/agent/regulatory queries where necessary. Ensure information provided is accurate, sufficiently detailed to the audience intended and addresses issues at hand.
- Provide general supervision to the team as a senior member, ensuring consistent career growth and learning opportunities provided to all team members.

Qualifications:




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