Manager - Pricing and Product Management

Overview Manager - Pricing and Product Management at Great Eastern. This role contributes to the strategic pricing and product management of group insurance by supporting pricing activities, ensuring compliance and profitability, and driving product initiatives through effective stakeholder collaboration and data-driven insights. Responsibilities Manage day-to-day complex assignments and queries from stakeholders. Provide technical pricing for group insurance products using established models. Ensure compliance with internal guidelines on business acceptance, risk management and profitability. Manage reinsurance risk within treaty limits and ensure proper facultative placements. Collaborate with internal and external stakeholders on product development of existing or new products and ensure compliance with the product approval process. Data management for analysis and pricing. Perform profitability study for group insurance business. Develop and test pricing models including performing statistical analysis and conducting claim experience study. Develop and maintain pricing quotation and reporting tools. Participate in group insurance projects to streamline processes and enhance pricing solutions as well as reporting capability. Analyse, monitor and evaluate key financial metrics that support the department's various initiatives and strategies. Qualifications Degree preferably in actuarial science, statistics, mathematics or business related fields; 4 or more years working experience, ideally in Group Insurance pricing or relevant experience; Excellent analytical and problem solving skills; Skilled in managing large data sets used for statistical analysis; In-depth conceptual and practical knowledge in related areas such as product development, pricing and financial condition management; Meticulous, self-starter with the ability to make sound judgments and work under pressure or tight time lines; Strong interpersonal, articulation, communication and presentation skills; Skilled with PC Applications such as Excel, Access, PowerPoint, and Word; Basic programming experience preferred (VBA - Visual Basic for Applications); Knowledge in statistical or business intelligence tools, such as SQL and Tableau is appreciated. How You Succeed Champion and embody our Core Values in everyday tasks and interactions. Demonstrate high level of integrity and accountability. Take initiative to drive improvements and embrace change. Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively. Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively. Who We Are Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore