Job Openings
Product Development Manger_INSURE
About the job Product Development Manger_INSURE
- Accept and review all types of products that are sold through all channels (Mass Product or Product on shelf).
- Manage product requirement requests from Sales and/or UW, summarize needs, and present development directions for products that meet target group demands.
- Conduct market competition analysis (Marketing Research) to use the data to create diverse value propositions, develop product concepts, and provide accurate pricing and risk information for various product types.
- Perform product analysis to ensure alignment with target customer groups, ensuring consistency with underwriting perspectives and corporate strategies.
- Coordinate with various departments such as RM, UW, Actuarial, Claim, IT, F&A, to ensure smooth product development processes, including coordinating approvals with the OIC.
- Design marketing communications to support products, including advertising and public relations materials for agents, customers, and all stakeholders.
- Coordinate with internal units such as Corp.Com, Compliance to ensure compliance with company regulations.
- Monitor product performance (New Product Monitor) to evaluate sales performance and collaborate with PAC in organizing product launch activities.
- Present and develop ideas for improving existing products or creating new products (either new or upgraded) to support sales channels.
- Prepare product materials and reports for both internal and external use, including performance evaluation reports, summary reports, and other related documents.
- Collect product development data and conduct product benchmarking.
- Participate in product development and management processes and other tasks as assigned for effective product development and management.
Qualification
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Bachelors or Masters degree in any related field or equivalent.
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Knowledge and understanding of a variety of insurance products across multiple channels.
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Proficient in PowerPoint & Excel (MS Office).
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Creative thinking skills.
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Ability to coordinate with various departments with diverse perspectives, such as Marcom, Legal, and Compliance.
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Able to analyze, compare strengths and weaknesses of products, and present ideas effectively.