11 May 2020

Our client in the insurance sector is seeking an experienced Product Proposition executive to lead in the development and strategies of their products.

Mandatory Skill(s)

  • Degree in Actuarial, Finance, Marketing or other related field;
  • At least 8 years of relevant experience in product development, marketing or actuarial pricing;
  • Good experience in the entire product conceptualization and delivery stages;
  • Strong understanding of financial and insurance concepts as well as good quantitative abilities;
  • Excellent planning, organizational, interpersonal and communication skills;
  • Strong team player coupled with high sense of responsibility and project delivery skills.

Desirable Skill(s)

  • Team management experience.

Responsibilities

  • Conceptualize, plan and manage the product development activities for various identified customer segments;
  • Engage with relevant stakeholders in both upstream and downstream discussions;
  • Perform customer research and competitive analysis;
  • Liaise with different teams, including Actuarial and Product teams, to communicate and deliberate on product requirements for pricing and system implementation strategies;
  • Implement product and pricing strategy and perform product risk assessment;
  • Gather product approval documentation, business casing and seek approval from relevant forums within the stipulated timeline;
  • Ensure adherence to regulatory requirements and industry standards related to product development and company-wide policies;
  • Achieve the channel\’s KPIs and maintain keen awareness of industry trends on regulatory compliance and any emerging threats and technologies.
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