Manager, Life & Health Insurance Product Development

Be among the first applicants.
SCIENTE INTERNATIONAL PTE. LTD.
Singapore
SGD 80,000 - 100,000
Be among the first applicants.
2 days ago
Job description

Job Summary

We are seeking a passonate Manager, Life & Health Insurance Product Development to join the team to collaborate closely with the Product Lead to drive the end-to-end development of life and health products. This is an exciting opportunity to contribute to the growth and innovation of the product offerings and strategies.

Mandatory Skill-set

  • Degree in Business Administration/ related fields;
  • Possesses 7-10 years of experience in life and health insurance, including product development, pricing, proposition development, and project implementation;
  • Strong experience and knowledge of Singapore's health and life insurance products, regulations, and the latest industry developments;
  • Strong conceptualization and analytical skills to develop competitive concepts of products and services;
  • Good leadership skills, proven experience in managing cross-functional projects;
  • Analytical, detail-oriented, results-driven, and able to work under tight timelines;
  • Excellent communicator, with the ability to collaborate effectively with multiple stakeholders.

Desired Skill-set

  • Insurance qualifications such as CIP, CFP, LIS, or actuarial qualifications ( ASAS / FSAS ).

Responsibilities

  • Conduct market research on new product developments and analyze market trends to provide insights for product innovation;
  • Monitor market developments and identify trends, differentiating product propositions, and competitive comparisons to support new product development initiatives;
  • Organize and conduct focus groups with distribution teams and customers to test new product ideas and gather feedback on existing products;
  • Draft and update product specifications and prepare presentations for the Executive Committee’s evaluation and approval;
  • Collaborate with key stakeholders from various teams (e.g., distribution, operations, actuarial, and product marketing) to incorporate inputs into the product proposition, manage deliverables, and resolve implementation challenges;
  • Prepare product launch training materials, update product-related documents (such as product summaries and factsheets), and review policy contracts, product/fund materials, and FAQs;
  • Draft and communicate product launch announcements;
  • Monitor and assess product performance post-launch;
  • Manage and coordinate regulatory requirements and developments related to product development;
  • Support the Product Lead in reviewing product performance and marketing initiatives, including campaigns and material reviews, and provide relevant inputs.
Get a free, confidential resume review.
Select file or drag and drop it
Avatar
Free online coaching
Improve your chances of getting that interview invitation!
Be the first to explore new Manager, Life & Health Insurance Product Development jobs in Singapore