Product Development Lead: Strategy, Launch & Cross-Channel

Allianz Malaysia; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Job summary

Allianz Malaysia is seeking a product development professional in Kuala Lumpur to own the end-to-end design and rollout of new products across distribution channels. You will translate market insights into robust product requirements, liaise with reinsurers, and lead cross-functional workstreams through approval and implementation.

The ideal candidate has a bachelor’s degree in actuarial science or equivalent, at least five years in product development or pricing, strong analytical and project

Qualifications

• Bachelor's Degree in Actuarial Science or equivalent.
• Minimum 5 years' experience in Product Development, Actuarial Science, or Pricing functions.
• Strong analytical acumen, technical grounding, and project management skills.
• Exceptional communication skills with a proven ability to lead, manage time effectively, and maintain a customer-centric approach.
• Proven track record of operational and execution excellence in a fast-paced environment.
• Familiarity with AI tools like ChatGPT or Copilot is an added advantage.

Responsibilities

• Conceptualise the product design, including input from distribution, reinsurers, market research, etc.
• Liaise with reinsurers on product idea/design and finalise product requirements (including pricing, definitions, underwriting).
• Plan and conduct focus groups with distribution channels and Market Management.
• Conduct market research/intelligence to assess competitiveness and strategic direction.
• Prepare materials for product approval for PMC/SMC/AZAP PMC/BNM.
• Support the Implementation Team in URs, test plans, UAT and product-related discussions.
• Lead product walkthroughs with PIC members and answer product questions.
• Draft policy contracts, PDS/SI, training materials and review marketing content.
• Conduct train-the-trainer sessions or distribution training as needed.
• Determine mechanics of product campaigns.
• Address queries/complaints/feedback from customers and distribution force.
• Support acquisition of new channels/partners.
• Provide guidance to team members on product-related items.
• Develop, lead and train staff reporting to the role.
• Handle ad-hoc assignments.

Skills

Analytical thinking

Technical grounding

Project management

Communication skills

Education

Bachelor's degree in Actuarial Science or equivalent

Tools

ChatGPT

Copilot

Job description

Allianz Malaysia is seeking a product development professional in Kuala Lumpur to own the end-to-end design and rollout of new products across distribution channels. You will translate market insights into robust product requirements, liaise with reinsurers, and lead cross-functional workstreams through approval and implementation.

The ideal candidate has a bachelor’s degree in actuarial science or equivalent, at least five years in product development or pricing, strong analytical and project