Product Pricing & Profitability Manager

Great Eastern; Kuala Lumpur; On-site; MYR 100,000 - 180,000; Full time

Job summary

Great Eastern is seeking a skilled Actuarial Pricing professional to support end-to-end product pricing and premium rating processes. You will test pricing models, modify models to meet internal and regulatory standards, and ensure compliance with policies for product launches.

You will collaborate with internal teams to integrate new product features, assist in actuarial parameter setup, and support pricing projects while mitigating risks and staying abreast of regulatory developments.

Qualifications

• Bachelor's degree in Actuarial Science is required.
• Completion of Preliminary actuarial exams in one recognised by BNM.
• In-depth knowledge of industry standards, regulations and policies; strong actuarial understanding.

Responsibilities

• Perform pricing and profit testing of products using established models.
• Modify pricing models to meet internal and regulatory requirements.
• Ensure compliance with product and pricing policies and regulatory guidelines for filings.
• Collaborate with internal teams to integrate new product features into operations.
• Assist in handling non-routine queries from stakeholders.
• Support actuarial pricing parameter setup for new products.
• Contribute to benefit illustrations programs for system validation.
• Support actuarial and pricing related projects and company initiatives.
• Identify and mitigate regulatory/commercial risks.

Skills

Actuarial models

Regulations

Communication

Excel

Visual Basic

Prophet

Data analysis

PowerPoint

Word

Education

Bachelor's Degree in Actuarial Science

Tools

Macro

Visual Basic

Excel

Word

Job description

Great Eastern is seeking a skilled Actuarial Pricing professional to support end-to-end product pricing and premium rating processes. You will test pricing models, modify models to meet internal and regulatory standards, and ensure compliance with policies for product launches.

You will collaborate with internal teams to integrate new product features, assist in actuarial parameter setup, and support pricing projects while mitigating risks and staying abreast of regulatory developments.