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Jobs or company...

Head of Product Development & Management

  • Full Time, onsite
  • Prudential Assurance Malaysia Berhad
  • Kuala Lumpur, Malaysia
Salary undisclosed

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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 incumbent is primarily responsible for leading and supporting the development of products that support the Company’s product delivery strategy.

Principal Duties & Responsibilities

Develop and deliver products as per the Product Development Process defined by PSC (Product Steering Committee) and in accordance with the schedules set in product calendar. This includes all stages within the process ranging from insights into consumers/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.

Provide on-going product support to agency distribution and partnership distribution in all matters related to products.

Owning, driving and optimizing on-shelf product portfolio management via packaging, initiatives, campaigns and marketing plans to attain business KPIs and align with corporate strategy

Staff training and development for sub-ordinates.

Qualifications

JOB SPECIFICATION:
  • Degree in Actuarial Science is preferable


Experience
  • At least 10 to 12 years of working experience in the insurance industry, preferably in the areas of product development, product management, actuarial and product marketing
  • Insurance industry experience is a must to understand the market and to find innovative solutions
  • Must be able to communicate with all the various stakeholders of the company to champion the new and existing products


Knowledge

  • Insurance product knowledge, with good fundamentals of the various product structures/ platforms and well-versed with the product development process.
  • Actuarial (not necessary but is an added advantage)
  • LOMA (not necessary but is an added advantage)


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.
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