Senior Executive, Employee Benefits Pricing

Allianz Malaysia; Kuala Lumpur; On-site; MYR 120,000 - 190,000; Full time

Job summary

Allianz Malaysia is seeking an experienced professional to deliver timely and technically sound Employee Benefits pricing and quotations for the Corporate Clients Solutions portfolio, collaborating with Sales and intermediaries to support business growth and profitability.

The role applies actuarial pricing principles, conducts portfolio analyses, and supports digital initiatives to enhance efficiency, accuracy, and governance across pricing and related processes.

Qualifications

• At least 3 years of EB pricing experience.
• Bachelor’s degree in Actuarial/Statistics/Mathematics.
• Strong analytical and communication skills.
• Familiar with AI tools such as ChatGPT for tasks simplification.

Responsibilities

• Prepare and deliver accurate, competitive, and timely quotations for new business and renewal EB group insurance opportunities.
• Ensure quotations and pricing revisions are completed within service standards and turnaround times.
• Conduct regular portfolio performance analyses to assess profitability and identify trends.
• Apply actuarial and pricing principles to ensure technical accuracy and governance.
• Support digital and automation initiatives to improve efficiency across quotation, sales, and processes.
• Collaborate with Sales, Underwriting, Claims, Operations, and Management to provide pricing insights.
• Undertake ad hoc analyses and projects as required by management.
• Supervise and review work of junior team members to ensure quality and knowledge sharing.

Skills

Pricing

Actuarial

Analytics

Communication

Team collaboration

Education

Actuarial/Statistics/Math

Tools

AI Tools

Job description

Job Summary

This candidate is responsible for delivering timely and technically sound Employee Benefits ("EB") pricing and quotations for the Corporate Clients Solutions portfolio, supporting business growth and retention objectives. The role partners closely with Sales and intermediaries to achieve topline targets, optimize portfolio profitability, and maintain a healthy combined ratio through effective pricing, portfolio monitoring, and data-driven insights.

Key Responsibilities

• Prepare and deliver accurate, competitive, and timely quotations for new business and renewal EB group insurance opportunities to support business growth and retention objectives.
• Ensure quotations and pricing revisions requested by intermediaries and clients are completed within agreed service standards and turnaround times.
• Conduct regular portfolio performance analyses to assess profitability, identify trends, recommend cost containment initiatives, and prepare claims management reports for key stakeholders.
• Apply sound actuarial and pricing principles to ensure technical accuracy, while continuously enhancing pricing methodologies, analytical frameworks, and governance standards.
• Support the implementation of digital and automation initiatives to improve efficiency, accuracy, and scalability across quotation, sales, and operational processes.
• Collaborate closely with internal stakeholders, including Sales, Underwriting, Claims, Operations, and Management, to provide pricing insights and business recommendations.
• Undertake ad hoc analyses, projects, and assignments as required by management to support business priorities and strategic initiatives.
• Supervise, guide, and review the work of junior team members to ensure consistency, quality, and adherence to established pricing frameworks, while fostering capability development and knowledge sharing within the team

Key Requirements

• At least 3 years of experience in Employee Benefits and Pricing role.
• Candidate must possess Bachelor’s Degree in Actuarial / Statistics / Mathematics
• Possess strong analytical and problem-solving skills
• Good communication and interpersonal skills.
• Familiar with the use of AI tools such as ChatGPT for tasks simplification

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.