Third Party Risk Management & Outsourcing Internship null

About Prudential Malaysia

Prudential Assurance Malaysia Berhad (PAMB) is a leading and innovative insurance company in Malaysia. PAMB was established in Malaysia in 1924 and is a subsidiary of Prudential Plc, founded in London in 1848.

Your role

Reporting to the Manager of Third-Party Risk Management & Outsourcing, Procurement, the intern will support and assist the day-to-day third-party risk management & outsourcing operational tasks following the applicable regulatory requirements and guidelines, and internal policies and procedures.

Administrative work includes practical general administrative knowledge and work to gain exposure and education on the business/function processes in the organization, such as the following:

• Verifying the requirements on assessing, classifying, and monitoring of third-party of a service provider while complying with the required internal policies and applicable regulatory guidelines.
• Verifying service provider due diligence and onboarding/offboarding procedures are properly performed and are in accordance with the internal policies and applicable regulatory guidelines.
• Performing contact reconciliation in accordance with pre-defined deadlines.

Training & development

Prudential Malaysia provides training and trainee packages for interns. A professional mentor will provide guidance, support, and networking opportunities as you continue to function in your internship role. In addition, you will be involved in the company's project so that you gain knowledge from real-world working experience.

Learning outcomes:

• Gain practical experience and industry knowledge.
• Practice and improve industry skills while learning what it is like to work in the corporate world.
• Develop professional connections

Benefits

Prudential provides complete facilities in their office to support the employee's needs. Besides receiving a monthly salary, interns will get the following benefits from this internship program:

• Understanding workplace culture. 
• Understand the recruitment process.    
• How to put knowledge and skill into practice and with results.  
• Improve ability to attend to details and problem-solving skills.  

Career progression

Interns at Prudential and beyond gain comprehensive experience in third-party risk management, regulatory compliance, and policies. They apply university knowledge to assess, classify, and monitor third-party providers. Interns verify due diligence, and onboarding procedures, and perform contact reconciliation, preparing for future roles in risk management. Moreover, interns who complete the internship with outstanding performance will possibly be considered full-time employees according to company needs.

Work-life balance

As mentioned by the former interns at another platform, the work-life balance at Prudential Malaysia is good enough. Work days are usually from Monday to Friday. You can set your working hours and lunchtime. The workload is also normal no need to work overtime every moment.

Culture & vibe

Prudential Malaysia is a good choice for the internship because the company has a positive culture. Moreover, the company strives to create an inclusive working environment where you can be appreciated for your values and ideas. You will also find supportive people and teams willing to help you learn your way in the insurance industry.

About you

To apply for this internship at Prudential, you have to meet the following requirements:

Education:

• Pursuing Bachelor's or Degree in any fields

Requirements:

• Basic knowledge of Microsoft Office
• Good interpersonal and communication skills
• Good work ethic with a positive attitude
• Responsible and willing to learn

Sources

Here are the sources used in researching this page:

• glassdoor.com/Reviews/Prudential-plc-Intern-Reviews
• jobs.prudential.com/us-en/about/work-life
• youtube.com