Senior Manager, Pricing (Life insurance)

About the Role

As the Senior Manager, Pricing, you will lead the end-to-end pricing and re-pricing of insurance products, ensuring solutions achieve financial objectives while delivering sustainable value to customers. You will play a key role in product development by partnering with cross-functional stakeholders to evaluate business cases, optimise reinsurance arrangements, and support successful product launches across multiple distribution channels.

You will also oversee product profitability monitoring, provide actuarial expertise for strategic initiatives and operational support, and lead the development of a high-performing pricing team. This role is ideal for a strategic and commercially driven actuarial professional who enjoys influencing stakeholders, driving innovation, and delivering impactful business outcomes.

Key Responsibilities

• Lead end-to-end pricing and re-pricing initiatives for life insurance products.

• Drive product development by partnering with Marketing, Distribution, Operations, Finance and other stakeholders.

• Ensure pricing assumptions are commercially sound while delivering sustainable profitability and fair customer value.

• Manage reinsurance pricing, negotiations and optimisation to achieve the best commercial outcomes.

• Prepare pricing analysis and profitability reports for management approval and regulatory compliance.

• Monitor product performance and recommend enhancements based on financial results and market performance.

• Support strategic initiatives, including new distribution channels, business cases, profitability improvement and automation projects.

• Provide actuarial guidance for group quotations, operational issues and production support.

• Lead, coach and develop a team of actuarial professionals, fostering both technical and leadership capabilities.

Requirements

• Degree in Actuarial Science or related discipline.

• Good progress in professional actuarial examinations.

• Minimum 8–10 years of relevant experience in life insurance pricing.

• Proven experience leading and developing a high-performing team.

• Strong understanding of actuarial pricing principles and Malaysian insurance regulatory requirements.

• Experience with Microsoft Excel and actuarial software such as Prophet.

• Excellent analytical, communication and stakeholder management skills.

• Ability to influence senior stakeholders and manage multiple projects simultaneously.

Interested candidates are invited to apply with an updated resume.

All applications will be treated with the strictest confidence.