Assistant Manager, Product Development Management

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Job Responsibilities

• 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.
• To support product performance review and product deep dive analysis on both customers and sellers’ demographics, profiles and trends for actionable insights and activation plans.
• To identify, design and support the development of sales tools, materials and proposition training to support the product activation initiatives.
• 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.
• 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.
• 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.
• 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.
• Provide on-going product support in all matters related to products including campaigns.
• Collaborate with the team members to provide timely and accurate delivery and response to product queries from internal and external stakeholders.
• Coaching and guidance to supporting executives and interns.

Job Specification

• Degree in Business, Marketing, Actuarial Science, Economics or related disciplines
• Minimum 3 years working experience in the insurance industry, preferably in the function of product development or product marketing.
• Well versed in insurance product.
• Proficient in written and spoken English and Bahasa Malaysia.
• Meticulous with the ability to work under pressure.

How do your skills match this job?

Your application will include the following questions:

• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Project Development Manager?
• How much notice are you required to give your current employer?

A rewarding and fulfilling career awaits you at Prudential. We believe in making a difference through the power of listening, striving to build brighter futures for our customers, employees, and society. Built upon the values of mutual respect and understanding, we aim to cultivate an environment where our people can flourish in both their professional and personal lives. As a leading provider of financial solutions in Asia, Prudential offers ample opportunities for you to succeed and expand your career horizons.

Perks and Benefits

• Medical
• Loans
• Dental
• Sports (e.g. Gym)
• Vision
• Festive Eve Leave (2 Days)
• On-Boarding Welcome