Executive, Product & Proposition

Prudential Hong Kong Limited; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

Prudential Hong Kong Limited in Malaysia seeks a product development professional to design and deliver insurance products per the Product Development Process and calendar.

You will conduct market insights, support campaigns, and coordinate with IT, Operations, Distribution, Actuarial and Compliance on regulatory changes, while preparing Product Steering Committee materials and ensuring product competitiveness across pricing and launches.

Qualifications

• Degree in Business, Marketing, Actuarial Science, Economics.
• 1-3 years experience in the insurance industry, preferably in product development or product marketing.
• Proficient in written and spoken English and Bahasa Malaysia; Mandarin will be added advantage.

Responsibilities

• Develop and deliver insurance products per the Product Development Process and calendar.
• Support market intelligence studies and product launches.
• Coordinate with IT, Operations, Distribution, Actuarial and Compliance on changes.
• Prepare Product Steering Committee meetings and related materials.

Skills

Insurance product knowledge

English

Bahasa Malaysia

Mandarin (advantage)

Education

Bachelor's degree in Business/Marketing/Actuarial Science/Economics

Job description

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.

KEY RESPONSIBILITIES:

Develop and deliver insurance products as per the Product Development Process defined by Product Steering Committee and in accordance with the schedules set in product calendar. This includes all stages within the process ranging from insights into customers / distributors / competitors, product ideas generation, feasibility evaluation and conversion of idea into product design, ensure competitiveness in product pricing, product launch, post-launch review/ monitoring and recommendation for potential enhancements. To support the conduct of market intelligent study via regular structured product focus group to meet up with distributors, market watch and monitoring of new product launches by competitors for analysis to generate ideas and collect feedback for insurance products. Provide on-going product support in all matters related to products including campaigns. To support on projects relating to changes due to new regulatory/ Group requirements and new systems, which include coordination with other project stakeholders such as IT, Operations, Distribution, Actuarial and Compliance. Organization and preparation of Product Steering Committee meetings for insurance products.

QUALIFICATIONS & REQUIREMENTS:

• Qualifications Degree in Business, Marketing, Actuarial Science, Economics, or related disciplines.
• Experience Preferable 1-3 years working experience in the insurance industry, preferably in the function of product development or product marketing.
• Knowledge Insurance product knowledge, with good fundamentals of various product structures.
• Proficient in written and spoken English and Bahasa Malaysia, Mandarin will be added advantage.
• Meticulous with the ability to work under pressure.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation 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. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

We are Prudential. For Every Life, For Every Future. Prudential plc provides life and health insurance and asset management to 18 million customers across 24 markets in Asia and Africa. We are headquartered in London and Hong Kong and are focused on four strategic regions: Greater China, ASEAN, India and Africa. We are served by around 68,000 average monthly active agents and more than 200 bank partners. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom. Find out more at www.prudentialplc.com Follow us on LinkedIn