Prudentials 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 peoples career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Role and Responsibilities :
- To develop, coordinate. review and implement family takaful plans according to business requirements
Detailed write-up of Product Specification, Certificate document, Product Illustrations, Marketing Brochure & others relevant documents for internal approval (i.e. Product Implementation Committee and Product Steering Committee.
To coordinate with other relevant divisions on the deployment of product to go Live once Management provide the sign off
- To prepare / review submission papers for product approvals
Preparing / Reviewing of relevant documents for submission to Board of Directors, Shariah Committee (SC), Prudential Corporation Asia (PCA) and Bank Negara Malaysia
Liaise with Partnership Distribution and Banca partners who distribute the products on relevant approval process and documentation
- To ensure all implementation tasks complete within project timeline
To help / lead conduct UAT for Cert Document, Sales Illustration System and SI Regent Development for all new and enhanced products development
To liaise / coordinate with functional development teams across PIC teams comprising Ops, IT, Partnership Distribution, Compliance, Marketing etc on implementation of products
To assist / lead on the marketing collaterals development i.e. Sales Proposition, Sales Pitch etc
- To support implementation of any statutory and regulatory requirements from Central Bank of Malaysia (BNM) and Regional Office (PCA)
Coordination of compliance to all regulated areas of product development, sales materials, illustrations, etc.
Effective communication of compliance issues / actions required to all affected parties.
To implement the regulatory requirements as and when is relevant to product documents and processes
- To support the team in managing phase 2 or Post Product Implementation follow up items
To liaise with Operations and IT teams on the enhancement of existing takaful product structure especially on the business rules relevant to products that have been launched
Experience and Qualifications :
Qualification
Relevant professional qualification and / or degree in Actuarial Science, Mathematics, Marketing, Finance, Statistics, or other related quantitative studies.
Experience
Minimum 3-5 years working experience in executive position or similar capabilities in an insurance company within actuarial, reinsurance, or consulting environment.
Technical Knowledge
Technical knowledge in Life Insurance/Family Takaful product. Relevant knowledge in the BNM guidelines related to products is necessary. Knowledge in end to end development of products including system behavior is a must.
Essential Knowledge in Shariah Application to Takaful or Islamic Finance will be advantageous
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.
