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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.
The Team Manager, New Business & Renewals is responsible for leading the policy administration team to deliver accurate, timely, and compliant processing of new business and renewal portfolios. This role oversees day-to-day operations, quality control, stakeholder management, and continuous process improvement, while mentoring and developing the team to support business growth and service excellence.Key Responsibilities
1. Operations & Policy Administration Management
.Lead and oversee New Business and Renewal policy administration activities, ensuring BAU tasks are executed accurately and within agreed turnaround times.
.Manage complex policy administration processes including issuance of bills, policy contracts, endorsements, and renewals.
.Ensure all processing aligns with client expectations, company standards, and regulatory requirements.
.Identify and address operational issues promptly to maintain high-quality service delivery.
2. Team Leadership & Support
. Lead, coach, and mentor the policy administration team to ensure smooth daily operations.
. Provide guidance and technical support to team members in handling complex cases and escalations.
. Manage workload distribution, prioritisation, and resource planning to meet service deadlines.
. Conduct regular training and knowledge-sharing sessions to ensure the team remains current on products, processes, and regulations.
3. Quality Control & Compliance
. Monitor and review team output to ensure accuracy, completeness, and adherence to internal quality standards.
. Implement and maintain quality control measures and best practices across New Business and Renewals.
. Prepare for and support internal and external audits, addressing audit findings promptly and effectively.
. Ensure compliance with all applicable regulatory and internal risk requirements.
4. Process Improvement & System Enhancements
. Identify opportunities for operational improvements, efficiency gains, and risk reduction.
. Contribute to the design, documentation, and optimisation of policy administration processes.
. Define and document business requirements aligned to operational and regulatory needs.
. Lead or participate in User Acceptance Testing (UAT) for system changes and enhancements to ensure effective business outcomes.
. Support implementation of new systems, tools, and automation initiatives to enhance productivity and reduce manual processing
5. Stakeholder Communication & Coordination
. Act as a key liaison between the New Business and Renewal teams and internal stakeholders (e.g. Product, Distribution, Tech, and Operations).
. Provide clear, timely, and professional communication to internal and external stakeholders on policy administration matters.
. Coordinate with product and project teams to provide operational feedback and insights.
. Support tender pitches and preparation of process flows where required.
6. Escalation & Issue Management
. Assist in addressing and resolving operational escalations promptly and effectively.
. Support conflict resolution within the team and with external stakeholders.
. Provide management support on high-risk or sensitive cases where required.
7. Ad-hoc & Business Support
. Undertake additional duties or projects as assigned, in support of business needs and initiatives.
Who we are looking for:
Competencies & Personal Traits
Working Experience
Professional Qualifications
- M5
- Health Insurance
Education
Diploma or Degree
Language
English
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.
Job ID: 148876493
Skills:
Ms Excel, Compliance regulatory requirements, Sales, AMLA CFT, Financial Planning, Wealth solutions, Cross-selling
Skills:
CTD format, approval management, Regulatory Affairs, dossier preparation, agency interactions, Regulatory Submissions, pharmacovigilance, ASEAN regulatory requirements
Skills:
prosystem fx engagement , ISA quality control standards, Ms Office Applications, MPERS, CA 2016, IFRS, MFRS
Skills:
Securities Commission rules and regulations, Regulatory Compliance, Certification in Regulatory Compliance, Ms Office Applications, Advanced Certification in AML CFT
Skills:
Aml, cross-border payment frameworks, compliance tools, CFT requirements, transaction monitoring systems, regulatory licensing processes, Regulatory Compliance
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