Senior / Product Development Manager (Life Insurance and ILP)

Roles & Responsibilities

Supports the Product Lead in the end-to-end product development process including actively reviewing the Life Insurance and ILP products, providing recommendations on enhancement, withdrawal or development of new products.

Key Responsibilities :

• Conducts market research on new product developments and prepare analysis to provide insights on market
• Monitor market developments and identify trends, differentiating product proposition and competitive comparisons to drive and support new product development and related initiatives.
• Manage and conduct focus groups with distribution / customers to test out new product ideas or get feedback on existing products.
• Responsible for drafting and updating product specifications and prepare the product presentation for Product Committee’s evaluation and approval.
• Collaborate with key stakeholders from the product implementation workgroup (e.g. distribution, operations, actuarial and product marketing) to channel inputs into the product proposition, manage deliverables and resolve implementation issues.
• Responsible for drafting of new product launch training slides, drafting / updating of product related materials (such as product summaries and product factsheet) as well as reviewing of product / fund materials, policy contract and FAQs.
• Responsible on the communication and drafting of product launch announcements.
• Responsible on any post product launch monitoring.
• Manage and coordinate on regulatory developments and requirements related to product development
• Supports the Product Lead in the product review / performance and marketing initiatives such as campaigns and reviewing of materials, providing inputs, etc.

Qualifications :

Tell employers what skills you have

Market Research

Product Marketing

Channel

Team Leading

Agile Methodology

Product Management

Project Management

Life Insurance

Product Development

Product Launch

Business Requirements