Pricing, Executive

Tokio Marine Life Insurance; Kuala Lumpur; On-site; MYR 67,000 - 95,000; Full time

Job summary

Tokio Marine Life Insurance in Malaysia seeks a Pricing Analyst to support product pricing for individual and group lines. You will assist ongoing pricing-related tasks for operations and distribution channels, and participate in special projects under supervision.

The role emphasizes profitability, regulatory compliance with BNM and TMA requirements, timely delivery of pricing illustrations, and continuous process improvements to ensure financial soundness across the business.

Qualifications

• Bachelor's degree in actuarial science or related field.
• Actuarial knowledge with pricing background.

Responsibilities

• Ensure products profitability meets guided margin.
• Ensure products launched comply with BNM and TMA guidelines.
• Ensure timely delivery and competitive product pricing.
• Set up accurate sales illustrations with terms and notes.
• Configure backend system pricing components (COI charges, rates).
• Assess impact of BNM guidelines on pricing and policies.
• Adhere to Pricing Policy and provide special quotations as needed.
• Support operations and distribution channels on pricing needs.
• Conduct business insights to identify improvements and opportunities.
• Drive process improvements to increase efficiency and quality.

Skills

Actuarial Science

Education

Bachelor's Degree in Actuarial Science

Job description

Jora Malaysia will close on 9th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

Product pricing support for individual and group products

On-going pricing-related support to operation teams and relevant distribution channels

Provide pricing-related support in various company projects

On-going process improvement

Ensure all day-to-day tasks are carried on a financial sound basis and comply with both internal policy & regulatory guideline

Special projects or ad-hoc tasks assigned by supervisors

Job Responsibility

• Ensure products profitability meets guided margin.
• Ensure products launched are in compliance with relevant BNM guideline / TMA requirement.
• Ensure timely delivery and competitive product pricing.
• Ensure sales illustration is being setup correctly including illustrated numbers, business rules control, terms and conditions, important notes etc.
• Ensure backend system is being setup correctly in terms of COI charges, premium rate etc.
• Perform impact assessment of various BNM guideline, framework, concept paper from time to time.
• To adhere to Pricing Policy at all time.
• Generate special quotation as per requested from time to time with appropriate reinsurer support.

Business Support

• Provide on-going support to other key stakeholders (e.g. operations, customer services, distribution channels etc.) to support day to day business processes and issues.
• Provide on-going support to distribution channels in assessing various business proposals to ensure it is financially and business sound.
• Provide pricing-related support in day to day operational issues.
• Perform business insight analysis from time to time to identify various improvement & business opportunities.
• Ensure high quality of work.

Process Improvement

• On-going improvement to the processes of current day to day tasks in order to increase efficiency, reduce TAT and increase quality of work.
• To provide pricing related support to other departments to improve efficiency of current business process as assigned by Supervisor/ HOD.
• Ensure high quality of work.

Others

• Any Special Projects (e.g. Product Engine etc) and Ad Hoc Tasks as assigned by supervisor/ HOD.
• Ensure high quality of work.

Job Requirement

• Candidate must possess at least a Bachelor's Degree in Actuarial Science.

At least 1 year(s) of working experience in the related field is required for this position.

Open for fresh graduates for executive level

Sound actuarial knowledge, with pricing background and is actively pursuing professional papers