Pacific & Orient Insurance Co Bhd

Pricing & Product Development Manager

Posted: 6 minutes ago

Job Description

Responsibilities:Develop new products to improve company volumes.Assist in development of new distribution channels.Develop policy wording.Assist in producing policy documentation such as product disclosure, brochures, etc.Ensure precise product pricing aligned with best actuarial practice.Develop pricing for new and existing products.Amend pricing based on company strategy.Monitor pricing experience and present results to senior management.Submit pricing templates to Bank Negara Malaysia.Respond to Bank Negara Malaysia business related queries.Support Senior Management in setting and monitoring strategy.Work with reinsurance brokers in finalizing reinsurance at renewal.Assist with analytics in making underwriting changes and in understanding existing distribution channels. Requirements:Degree in Actuarial Science or related discipline.Preferably a Fellow Member of the Actuarial Society of Malaysia or a member of a recognized Actuarial Institute or Society with 5 years' working experience in General Insurance industry.Analytical, research and creative problem-solving skills.Good written, communication and presentation skills.

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