As the Product Development Manager, you will / have to:
•Responsible for the product design of life insurance, general insurance and investment-linked insurance
•To develop and enhance full spectrum of product development of insurance products distributed via different channels.
•Monitor the product development, product implementation and product approval process to provide innovative and quality products and service to customers according to the company's business objectives.
•Prepare product comparison, market analysis, presentation deck, product specification, product approval doents, implementation schedule, policy provisions write-up, launch pack, p product evaluation and relevant risk assessment, guidelines and procedures throughout the product development stage.
•Coordinate and monitor the delivery of product materials, training tools, product briefing prior the product launch.
•Prepare recommendations to senior management by closely reviewing and monitoring the performance (in terms of sales performance, product competitiveness and profit margin of the product, etc.) of the existing, newly launched and revamped products on an ongoing basis.
•Lead subordinate to conduct market research, prepare competitive analysis and sales reports on regular basis.
It would be great if you are / have:
•Degree holder in Actuarial, Marketing, Business Administration or related disciplines.
•Min. 5 years of relevant experience in insurance product development & implementation.
•Holder of IIQAS / FLMI / ACII / AAII designations or other related profession status is preferred.
•Solid product knowledge in insurance products.
•Strong communication / presentation / analytical / project management skills and the ability to build positive working relationships.
•Familiar with sales, marketing, underwriting, claims processes in the insurance industry.
•Self-motivated, organized, service oriented, good team player with strong sense of responsibility.
•Experience in drafting policy provisions
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