Senior Manager, Life Product

1 week ago

Singapore FWD Insurance Full time

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group, and spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

In Singapore, FWD aims to change the way people feel about insurance by leveraging technology to deliver products and services that are relevant, easy to understand and always convenient for our customers. To this end, we have a direct-to-consumer (DTC) platform that allows customers to buy their preferred life and general insurance products directly from our website; as well as a network of preferred Financial Advisory (FA) firms for customers who want to speak with an advisor before committing to an insurance plan. Whatever their preference, we believe insurance should be simple, reliable and convenient.

Similarly, if you are looking for a career where you can create a real impact and celebrate living, we invite you to join us on our exciting journey.

KEY ACCOUNTAIBILITIES- Support the Product Development function to deliver the Life product strategy and roadmap as approved in the Business Plan- Actively participate in product innovation discussions through regular workshops with partners, internal stakeholders and re-insurers- Ensure that the product design and requirements comply with the MAS, Life Insurance Association, and the FWD requirements- Ensure product risks are promptly highlighted and addressed- Collaborate with the wider product implementation workgroup to ensure products are successfully launched as per agreed roadmap- Produce product collateral such as product specifications, contracts, product summaries etc and get it sign off by all departments- Prepare product approval document for local as well as Group office in a timely manner.- Collaborate with the marketing team to ensure that the key product USPs are well articulated in the brochure or any other marketing efforts- Produce good quality market research and comparison to ensure that our products remain competitive- Support in product related campaign / marketing initiatives in collaboration with the distribution teams

QUALIFICATIONS / EXPERIENCE- Degree-holder with at least 8 years of experiences in life insurance companies- At least 5 years’ experience in Life product development and management

KNOWLEDGE, SKILLS & ABILITY- Strong business acumen and communication skill, with proven ability to influence and work with business functions- Strong product development background and good knowledge of the Par, HNW and UL product landscape in Singapore (at least 2 out of the 3 product categories would be required)- Strong interpersonal skills with the ability to communicate at all levels including senior stakeholders- Strong analytical and problem-solving skills

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