Product Development Executive

Job Level:  Entry Level

KUALA LUMPUR, Federal Territory of Kuala Lumpur, MY

Area of Expertise:  Product Management
Unit:  Allianz Malaysia
Employing Entity:  Allianz Life Insurance Malaysia Berhad
Job Type:  Part-Time
Remote Job:  Hybrid working
Employment Type:  Temporary
ID:  32850

Do you want to work in a high-trust culture where you’ll feel empowered to make decisions that result in impact?

As part of the development team, you are responsible for ensuring the successful development of a product in line with the Company’s overall product strategy.




  • Assist to conceptualise the product design, including obtaining ideas from the distribution force, reinsurers, market research, etc.
  • Liaise with the reinsurers on the product idea/design and finalize all product requirements (including pricing, definitions, underwriting, etc.)
  • Conduct any focus group required to finalize the design
  • Conduct market research/intelligence on a frequent basis to not only determine competitiveness of products being developed. This also includes product, marketing, or underwriting campaigns.
  • Assist in the preparation of materials needed for product approval (including for local PMC/SMC, AZAP PMC and BNM)
  • To support the Implementation Team in the implementation portion of the product development cycle. This includes review and amend/add to the URs, test plans, UAT results and supporting the Implementation team on detailed discussions with PIC members on the operational and system related issues pertaining to products
  • Draft policy contract, PDS/SI, Training materials and review marketing materials
  • Determine the mechanics of any product campaigns
  • Attend to queries/complaints/feedback raised by customers and distribution force
  • Support the acquisition of new channels/partners
  • Ensure outstanding Day 2 tasks are completed, participating in any meetings required for the development and implementation of the tasks.
  • Work with the relevant departments to drive and strategies In force Online development as per new product developments.
  • Handle all ad-hoc assignments given by superior




  • Minimum Bachelor's Degree in Actuarial Science or equivalent.
  • Exceptional analytical, problem solving and collaborative skills
  • Excellent communication skills
  • Strong project management abilities, able to monitor and manage multiple timelines
  • Good interpersonal and relational skills, with strong networking abilities



 Let's care for tomorrow. For making a difference in moments that matter to our customers



Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic.  Diversity of thinking is an important part of our company culture.