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Senior / Product Development Manager (Health & Protection Insurance) - D07 Golden Mile, Middle Road, SG

Senior / Product Development Manager (Health & Protection Insurance) - D07 Golden Mile, Middle Road, SG

INCOME INSURANCE LIMITEDD07 Golden Mile, Middle Road, SG
8 days ago
Job description

Roles & Responsibilities

Supports the Product Lead in the end-to-end product development process including actively reviewing the life and health 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 Life and Health Executive 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 :

  • Degree in any field
  • At least 5 to 10 years in the insurance industry with experience in Health and protection (medishield) or similar product development / pricing / proposition development and project implementation, and / or have team leading experience
  • Good experience and knowledge in Singapore health products and regulations and the latest developments
  • Individuals with strong insurance development / business experience will also be considered
  • Good knowledge of life and health products
  • Insurance qualifications would be advantageous
  • Analytical, detailed, results driven and is comfortable to work with tight timelines
  • Good knowledge of market trends and business oriented
  • Good communicator and able to work with multiple stakeholders
  • Tell employers what skills you have

    Market Research

    Product Innovation

    Actuarial

    Product Marketing

    Channel

    Strategy

    Product Management

    Project Management

    Design Thinking

    Product Development

    Insurance

    Product Launch

    Business Requirements

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    Manager Insurance • D07 Golden Mile, Middle Road, SG

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