Job Description

Role Summary

As Pricing Assistant Manager, you will take a proactive and independent role in the end-to-end pricing process for new product development. You will work with minimal supervision, leading pricing projects, collaborating across departments, and ensuring regulatory and business requirements are met. You will support the manager in driving pricing excellence and provide guidance to junior team members.

Key Responsibilities

Product Pricing & Development

• Lead the pricing process for assigned new products, ensuring timely and accurate delivery.
• Independently test and validate pricing models and tools, ensuring their reliability and compliance.
• Compile and review product features, pricing assumptions, and profitability analysis with minimal guidance.
• Critically evaluate product specifications and documentation during product development, ensuring consistency with pricing strategy and regulatory requirements.
• Review policy documents and marketing materials, providing comprehensive feedback to ensure alignment with product design, pricing, and regulatory standards.
• Prepare and present pricing reports for internal and regional approvals.
• Coordinate and compile supporting documentation for new product submissions to BNM.

System Support

• Independently conduct and document User Acceptance Testing (UAT) for product and system value verification.
• Identify and resolve discrepancies between system calculations and actual pricing or product functionality.
• Lead updates and maintenance of Front End and Back End systems related to product pricing.
• Perform and oversee ad hoc calculations as required, ensuring accuracy and timeliness.
• Collaborate effectively with stakeholders including IT, New Business, Servicing, and other relevant teams.

Technical & Operational Support

• Provide ongoing technical advice and support to operations and cross-functional departments.
• Share expertise with junior team members and supporting their development.

Ad Hoc Responsibilities

• Support other pricing and product-related initiatives as assigned by management.
• Champion process improvements and contribute to a culture of continuous learning and innovation within the team.

Qualifications and Experience:

• Bachelor’s degree in Actuarial Science
• Minimum 4-5 years of experience in insurance product pricing or related field.
• Strong analytical and problem-solving skills; ability to work independently and manage multiple priorities.
• Proficient in pricing models, actuarial tools, and data analysis.
• Excellent communication and stakeholder management skills.
• Familiarity with regulatory requirements and product submission processes.
• Experience with UAT and system support is an advantage.

At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers, and we want our employee base to reflect that.

Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics.

With the above in mind, we accept applications from everyone regardless of your background, beliefs, or culture.
We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity.

So, make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

You are the heart & soul of Zurich! 

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. We’re proud to have earned Great Place To Work® Certification™. Our company culture is our top priority! #GPTWcertified

Let’s continue to grow together!

Location(s): MY - Kuala Lumpur
Schedule: Full Time
Recruiter name: Jesreena Kaur

Job Requirements