Overview
Pricing Assistant Manager at Zurich Insurance. Role involves proactive end-to-end pricing for new product development, working with minimal supervision, leading pricing projects, cross-department collaboration, ensuring regulatory and business requirements, and guiding junior team members.
Key Responsibilities
- Product Pricing & Development : Lead the pricing process for assigned new products, ensuring timely and accurate delivery; independently test and validate pricing models and tools, ensuring their reliability and compliance; compile and review product features, pricing assumptions, and profitability analysis with minimal guidance; critically evaluate product specifications and documentation during product development, ensuring consistency with pricing strategy and regulatory requirements; review policy documents and marketing materials, providing comprehensive feedback to ensure alignment with product design, pricing, and regulatory standards; prepare and present pricing reports for internal and regional approvals; coordinate and compile supporting documentation for new product submissions to BNM.
- System Support : Independently conduct and document User Acceptance Testing (UAT) for product and system value verification; identify and resolve discrepancies between system calculations and actual pricing or product functionality; lead updates and maintenance of Front End and Back End systems related to product pricing; perform and oversee ad hoc calculations as required, ensuring accuracy and timeliness; collaborate effectively with stakeholders including IT, New Business, Servicing, and other relevant teams.
- Technical & Operational Support : Provide ongoing technical advice and support to operations and cross-functional departments; share expertise with junior team members and support their development.
- Ad Hoc Responsibilities : Support other pricing and product-related initiatives as assigned by management; champion process improvements and contribute to a culture of continuous learning and innovation within the team.
Qualifications and Experience
Bachelor’s degree in Actuarial ScienceMinimum 4-5 years of experience in insurance product pricing or related fieldStrong analytical and problem-solving skills; ability to work independently and manage multiple prioritiesProficient in pricing models, actuarial tools, and data analysisExcellent communication and stakeholder management skillsFamiliarity with regulatory requirements and product submission processesExperience with UAT and system support is an advantageZurich is an equal opportunity employer. We value diversity and inclusion, and we welcome applicants from all backgrounds. We offer training and development opportunities and encourage involvement in volunteering and community activity.
Location : MY - Kuala Lumpur
Schedule : Full Time
Recruiter : Jesreena Kaur
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