Manager, GI Product Development, 55-65k x 12 + Bonus

Morgan Mckinley Limited

Human Resources Management / Consultancy

Bachelor

5 years

Full Time

Hong Kong SAR

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Job Description

About the company
A well-known global insurance firm with a strong presence throughout the Asia region is seeking a dynamic Manager for Product Development in the realm of General Insurance products, encompassing both the medical and non-medical sectors.
About the role
In this role, you will be managing a small team, play a pivotal part in crafting and refining a diverse range of insurance offerings, utilising various distribution channels, collaborating closely with cross-functional teams to ensure the delivery of innovative, quality products align with business objectives.
Responsibilities
* Collaborate with the department head to design and enhance general insurance products across medical and non-medical categories.
* Oversee the product development, implementation, and approval processes, working with various departments including actuarial, operations, legal, and marketing.
* Create presentation materials, product specifications, and launch packs while evaluating risks and ensuring compliance.
* Coordinate the delivery of product materials and conduct product briefings prior to launch.
* Analyse and monitor the performance and competitiveness of existing and newly launched products.
* Conduct market research and competitive analysis regularly.
* Assist in preparing recommendations to management based on product performance and market trends.
Requirements
* Bachelor's degree in Actuarial Science, Marketing, Business Administration, or related fields,
* At least 5 years of experience in insurance product development and implementation.
* Preference for IIQAS, ACII, ANZIIF designations, or related professional/insurance status.
* Solid understanding of general insurance products, especially digital insurance products.
* Excellent communication, presentation, analytic, and project management skills.
* Familiarity with sales, marketing, underwriting, and claims processes in the insurance industry.
* Self-motivated, organised, service-oriented, and a strong team player with a sense of responsibility.
* Experience in drafting policy provisions.
* Proficiency in Microsoft Word, Excel, PowerPoint, and Outlook.