Senior Executive, Pricing (Life Insurance)

Talent Acquisition and Operations at Generali Life Insurance Malaysia Berhad

Summary : Responsible for the development of sound premium rates that align with the product pricing strategy, adhering to the company’s internal requirements and BNM regulations. Ensure products’ profitability and capital needs meet company objectives.

Responsibilities :

Product Pricing Strategy

• Devise pricing strategy to ensure that they are in alignment with the product proposition to achieve business targets and meet the products’ profitability and capital needs of the company.
• Build, update or enhance existing pricing model.
• Preview, test and utilize competitor products and seek necessary mandate from the Product Development Team.
• Prepare pricing analysis and seek necessary mandate from Product Development Team for quotation.
• Work with reinsurer to gain access to product knowledge and risk pricing knowledge. Also establish relationship with reinsurer to ensure timely product support.
• Preparing financial studies in Pricing Report to seek product approval from the relevant stakeholders.
• Collaborate with Product Development Team to ensure that product is approved by relevant stakeholders, prior to seeking INM's approval (if required), and filing to BNM.
• Partner with Product Development Team to prepare the needed document for timely submission of product filling for BNM’s product approval and responding to BNM's queries.

Product Implementation

Special Projects Related to Pricing

Ad Hoc Requests

Requirements

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