Job Description

About the Role

Our client in the insurance industry is looking for a Pricing Assistant Manager to join their team. This role will be responsible for supporting the pricing and development of new insurance products, from pricing analysis and model validation through to product approval and implementation. You will work closely with actuarial, product, IT, operations and other stakeholders to ensure pricing activities are accurate, commercially sound and aligned with regulatory requirements.

Key Responsibilities

• Lead pricing activities for assigned new insurance products, including modelling, assumptions and profitability analysis.

• Review and validate pricing models, tools and product calculations.

• Support product documentation and regulatory submissions to Bank Negara Malaysia.

• Conduct UAT and troubleshoot pricing or system-related discrepancies.

• Work closely with IT, New Business, Servicing and other stakeholders on product implementation.

• Provide technical guidance to internal teams and support junior team members.

• Contribute to pricing improvements and other product-related projects.

Key Requirements

• Bachelor’s degree in Actuarial Science or a related discipline.

• 4–5 years of relevant experience in insurance pricing or product development.

• Strong knowledge of pricing models, actuarial tools and data analysis.

• Good analytical and problem-solving skills with the ability to work independently.

• Strong communication and stakeholder management skills.

• Familiarity with insurance regulations and product submission processes.

• Experience with UAT or pricing system support is an advantage.