PAMB | Manager 1, Product Development & Management

PAMB | Manager 1, Product Development & Management

Prudential Financial, Inc
5-8 years
Not Specified

Job Description


At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that can shape, an inclusive workplace where ideas are valued and a culture where can thrive together. Our people stay connected and tuned in to what's happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.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/or partnership distribution in all matters related to products.
Manage projects related to changes due to new regulations/PCA requirements and new systems, which include coordination with other project stakeholders such as IT, Operations, Distribution, Actuarial and Compliance.
Support development & effective execution of customer value proposition.
On-job coaching and development for sub-ordinates.
JOB SPECIFICATION:
Qualifications
  • Degree in Business, Marketing, Actuarial Science, Economics or related disciplines.

Experience
  • 5 to 8 years of working experience in the insurance industry, preferably in the areas of product development, product marketing, or actuarial.

Knowledge
  • Insurance product knowledge (Medical & critical illness insurance product knowledge will be added advantage), 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)
  • Proficient in written and spoken English and Bahasa Malaysia and preferably in Mandarin as well.
  • Meticulous with the ability to work under pressure.

Job Details

Employment Types:

Industry:

Other

Function:

IT

Prudential plc is an Asia-led portfolio of businesses focused on structural growth markets. The business helps individuals to de-risk their lives and deal with their biggest financial concerns through life and health insurance, and retirement and asset management solutions. Prudential plc has 20 million customers and is listed on stock exchanges in London, Hong Kong, Singapore and New York. We are proud to be one of the 380 companies across 11 sectors included in the 2021 Bloomberg Gender Equality Index. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. Our inclusion in this global index is testament to our commitment to nurturing diverse talent. #BloombergGEI. https://www.bloomberg.com/gei Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

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