Pricing Manager - General Insurance

Progressive Insurance Bhd; Kuala Lumpur; On-site; MYR 180,000 - 260,000; Full time

Job summary

As Pricing Manager – General Insurance, you will translate portfolio data, claims trends and market intelligence into pricing and portfolio strategies that support profitable growth. This role is suited to an experienced General Insurance pricing professional who will take greater ownership of pricing strategy and work closely with senior management on commercial and technical decisions.

You will own pricing and portfolio management across Motor and Non-Motor (General Insurance), analyze

Qualifications

• Pricing and profitability analysis experience in General Insurance
• Ability to translate data into pricing and portfolio strategy
• Experience presenting to senior management and governance committees

Responsibilities

• Own pricing and portfolio management across Motor and Non-Motor lines, balancing technical adequacy, market competitiveness, risk appetite and profitability
• Analyze portfolio performance, claims trends, pricing adequacy and market movements to identify opportunities and actions
• Collaborate with Underwriting, Claims, Actuarial, Finance and Product Development to improve profitability and market positioning
• Develop and enhance pricing models, databases, monitoring tools and management reports to improve analytics and pricing consistency
• Prepare and present pricing recommendations and profitability insights to Senior Management and governance committees

Skills

Pricing

Portfolio management

Pricing analytics

Governance

Senior management

Education

Bachelor’s degree in Actuarial, Finance, Insurance, Economics or related field

Tools

Pricing models

Databases

Monitoring tools

Job description

As Pricing Manager – General Insurance, you will play a key role in translating portfolio data, claims trends and market intelligence into pricing and portfolio strategies that support profitable growth.

This role is suited to an experienced General Insurance pricing professional who is ready to take greater ownership of pricing strategy and work closely with senior management on commercial and technical decisions.

JOB RESPONSIBILITIES

Own pricing and portfolio management activities across Motor and Non-Motor (General Insurance) businesses, balancing technical adequacy, market competitiveness, risk appetite and profitability.

Turn Data Into Business Decisions

Analyse portfolio performance, claims trends, pricing adequacy, business mix and market movements to identify opportunities and recommend rate, underwriting or portfolio actions.

Drive Product & Business Development

Partner with Underwriting, Claims, Actuarial, Finance and Product Development teams to develop new products, review existing products and improve product profitability and market positioning.

Strengthen Pricing Analytics & Models

Develop and enhance pricing models, databases, monitoring tools and management reports to improve analytical capability, pricing consistency and data-driven decision-making.

Influence Senior Management & Governance

Prepare and present pricing recommendations, portfolio performance and profitability insights to Senior Management and relevant committees, ensuring pricing decisions follow internal governance and regulatory requirements.

Everything to support these 3 pillars : Pricing Strategy + Portfolio Profitability + Pricing Analytics

QUALIFICATION

Bachelor’s degree in Actuarial, Finance , Insurance, Economics or a related field.

Professional Insurance certifications such as AMII, ACII, AII and DMII are an advantage.

EXPERIENCE

Minimum 8-10 years of experience in pricing & portfolio management.

Strong background in risk assessment, policy development, and underwriting process improvement.

Experience in digital transformation initiatives within motor insurance underwriting is an added advantage.

Why Join Progressive Insurance Bhd?

Influence Real Business Decisions

Your analysis will go beyond reporting. You will help determine how the business prices risk, manages its portfolio and balances growth with profitability.

Work Across Motor & Non-Motor Insurance

Gain broad exposure across Progressive's general insurance portfolio rather than being restricted to a single product line. The company publicly lists a broad range of personal and commercial insurance classes.

Work With Senior Business Stakeholders

Partner directly with Underwriting, Claims, Finance, Actuarial and Product Development, giving you a broader view of how pricing decisions affect the entire insurance value chain.

Use pricing analytics and market intelligence to identify opportunities to improve portfolio mix, pricing adequacy and sustainable profitability.

Build Pricing & Transformation Capability

Contribute to the enhancement of pricing models, analytics, reporting and digital initiatives, building capabilities that are increasingly important in modern general insurance.

Progressive has been operating in Malaysia since 1974 and has expanded its operations nationwide. The company states that it serves both personal and business customers and works with a broad range of risks.

For a strong Pricing Manager candidate, this role can provide a pathway towards broader ownership of pricing strategy, portfolio management and pricing-function leadership.

With a total paid-up capital of RM100 million and a dynamic team of people behind it, Progressive Insurance stands ready to take full advantage of the growing potential of the vibrant Malaysian insurance industry.