Job Description
Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Key Responsibilities
VPMS & Product Modeling Leadership
- Lead VPMS (Variable Product Modeling System) implementation, configuration, and optimization for life insurance products.
- Design and manage complex pricing models including premium, surrender, COI, death benefits, and policy servicing calculations.
- Drive product setup using Product Studio / Integral (Assure) / Life Asia platforms.
Insurance Domain & Functional Expertise
- Manage core insurance modules including New Business, Policy Servicing, Claims, Billing, and Reinstatement processes.
- Translate business requirements into functional and technical specifications for insurance systems.
- Support life, group, and health insurance products including traditional and unit-linked plans.
Project & Delivery Management
- Lead end-to-end delivery lifecycle – requirement gathering, solution design, development, testing, and production release.
- Manage multiple stakeholders across business, actuarial, and IT teams.
- Identify risks, ensure compliance, and drive on-time delivery with quality benchmarks.
Leadership & Team Management
- Lead and mentor teams of business analysts, developers, and QA professionals.
- Foster a strong collaboration between business and technical teams.
- Drive Agile/Scrum-based deliveries and continuous improvement practices.
Digital & Reporting Initiatives
- Support digital transformation initiatives and migration programs in VPMS and Life Asia.
- Oversee reporting and analytics using tools such as Sisense and Jasper.
Required Qualifications
- Bachelor’s/Master’s degree in Computer Science, IT, or related field (MCA preferred).
- 15–20+ years of experience in Insurance IT with strong techno-functional exposure.
- Hands-on experience in:
- VPMS (Rates & Pricing)
- Life Asia / Policy Asia / Integral (Assure)
- Insurance product configuration and modeling
- Strong experience in SQL, DB2, AS400, COBOL or legacy systems is a plus.
Key Competencies
- Strong techno-functional expertise in insurance systems
- Advanced pricing and product modeling capability
- Strategic thinking and stakeholder management
- Leadership and team mentoring skills
- Excellent communication and client-facing ability
Preferred Experience
- Experience with global insurance clients (APAC, US, Europe
- Exposure to product launches and digital transformations
- Certifications in Insurance or DB technologies are an added advantage
- Reporting Structure
- Reports to: Delivery Head / Program Director
- Team: VPMS Analysts, Business Analysts, Developers, QA
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.