Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
The key responsibility of the incumbent is to ensure the effectiveness and efficiency of the product program implementation process by assisting in managing the cross functional project teams to achieve company’s desired objective. This person is expected to support for the assigned tasks, assist to drive and manage the execution of functional business’ deliverables which contributes to the implementation of product delivery. Assist to introduce process improvement for greater efficiency is expected to ensure all stakeholders’ interest are safeguarded. Life product knowledge and project management is advantage but not compulsory, assist to draw connections between different process to ensure overall objectives are achieved
PRINCIPAL DUTIES & RESPONSIBILITIES:
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To support the development and delivery of life insurance products as per the Product Development Process defined by Product Steering Committee (PSC) and in accordance with the schedules set in product calendar. This includes all stages within the process ranging from insights into customers / distributors / competitors, product ideas generation, feasibility evaluation and conversion of idea into product design, ensure competitiveness in product pricing, product launch, post-launch review/ monitoring and recommendation for potential enhancements.
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Collaborate with team members, internal/ external stakeholders to ensure timely and accurate delivery and execution of product implementation including product marketing/ customers’ materials, system requirements, product approval materials for PSC as well as group office, User Acceptance Testing etc.
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To support the conduct of market intelligent study via regular structured product focus group to meet up with distributors, market watch and monitoring of new product launches by competitors for analysis to generate ideas and collect feedback for insurance products.
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To support on projects relating to changes due to new regulatory/PCA requirements and new systems, which include coordination with other project stakeholders such as IT, Operations, Distribution, Actuarial and Compliance.
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Organization and preparation of Product Steering Committee meetings for life insurance products.
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To support the delivery of department specific reporting and updates such as QBPR updates, PCA Product Approval Condition Monitoring, FATCA Reporting, Board Paper and PIDM Reporting.
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To support the delivery of risk management reporting such as incident reporting, risk and control self-assessment (RCSA) and any other risk reporting
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Provide on-going product support in all matters related to products including campaigns.
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Collaborate with the team members to provide timely and accurate delivery and response to product queries from internal and external stakeholders.
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Coaching and guidance to supporting executives and interns.
JOB SPECIFICATION
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Degree in Business, Marketing, Actuarial Science, Economics or related disciplines
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Minimum 5 years working experience in the insurance industry, preferably in the function of product development or product marketing.
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Well versed in insurance product.
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Proficient in written and spoken English and Bahasa Malaysia. Mandarin will be added advantage.
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Meticulous with the ability to work under pressure.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Top Skills
What We Do
In Asia and Africa, Prudential has been providing familiar, trusted financial security to people for 100 years. Today, headquartered in Hong Kong and London, we are ranked top three in 12 Asian markets with 18 million customers, around 68,000 average monthly active agents and access to over 27,000 bank branches in the region.
Prudential is focused on opportunities in the most exciting growth markets in Asia and Africa. With access to over 4 billion people in both these regions, we are investing in broadening our presence and building our leadership in the life and asset management markets.
We are committed to making a positive impact on our customers, our employees and our communities by delivering the best savings, health and protection solutions to people so they can get the most out of life. Visit our websites for more information
Prudential plc: https://www.prudentialplc.com/
Prudence Foundation: https://www.prudentialplc.com/en/prudence-foundation
