Pricing Intern null

About Prudential Malaysia

Prudential Assurance Malaysia Berhad (PAMB) is likely a subsidiary of Prudential Plc, a multinational financial services company headquartered in London. PAMB is a top-tier insurance company in Malaysia, providing comprehensive financial solutions through branches, agents, and bancassurance partners across the nation.

Your role

As a pricing intern, you will have the following responsibilities:

• Set profitable and sustainable pricing and maintain competitiveness in the market
• Support on quotations for tailored group employer scheme
• Produce product submissions for PCA and BNM and assist with inquiries.
• Ensure product prices complies to requirements set by SOP, PCA, and BNM
• Ensure product pricing works are accurate, complete, and submitted on time
• Proper documentation of methodology and bases.
• To run a pricing model that is consistent with the Company’s takaful model and profitability measures.
• Ensure jobs are accurate, complete, and submitted on time.
• To perform testing on the system as per Pricing UAT SOP and ensure completeness and accuracy.
• To provide actuarial support in terms of product materials, system requirement/ development, sale illustration, UAT, etc.
• Ensure jobs are accurate, complete, and submitted on time.
• To support works when liaising with Retakaful Operators to obtain competitive retakaful rates as well as support on pricing and product design, as well as underwriting and claims management.

Training & Development

Prudential Malaysia offers interns training packages, including guidance and networking opportunities from professional mentors. You'll actively participate in company projects, gaining valuable real-world working experience. The program's learning outcomes include:

• Gain a better understanding of how their learnings in college/university can help them with their future.
• Gain practical experience and industry knowledge.
• Practice and improve industry skills while learning what it is like to work in the corporate environment.
• Develop professional connections and make new friends.

Compensation & Benefits

Prudential ensures a fully-equipped office for employee needs, with added perks for interns:

• Competitive monthly compensation
• Access to medical facilities
• Essential supporting tools

Career Progression

This experience is not just valuable, it could pave the way to a full-time role for outstanding interns based on company requirements, offering a seamless transition into a fulfilling career with Prudential.

Work-life Balance

Prudential Malaysia prioritizes a harmonious work-life balance, as reflected in their employee reviews with an impressive 4.1 out of 5-star rating. Their commitment to work-life balance is reflected in employee reviews that highlight features such as time flexibility, a "work smart, play hard" ethos, and a commitment to maintaining a flexible schedule.

Culture & Vibe

At Prudential Malaysia, diversity and inclusivity drive a culture of endless collaboration. Prudential Malaysia celebrates successes, prioritizes well-being, and offers empowering opportunities for individuals to maximize their journey with them. Their agile workspaces enhance collaboration, connecting employees for increased efficiency.

Sources

Here are the sources used in researching this page:

• prudential.com.my/en/our-company-about-us
• glassdoor.com/Reviews/Prudential-plc-Malaysia-Reviews
• prudential.com.my/en/work-with-us-corporate-careers/why-join-prudential