Assistant Vice President, Product

2 weeks ago

Singapore Singapore Life Ltd. Full time

Singapore, Singapore, Singapore
- Department
- Product - Propositions
- Job posted on
- Feb 06, 2025
- Employment type
- Permanent - Full Time

Singlife is a leading homegrown financial services company, offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.

In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.

Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.

The merger of Aviva Singapore and Singlife was announced in September 2020 and created one of the largest homegrown financial services companies in Singapore in a deal valued at S$3.2 billion. It was the largest insurance deal in Singapore at the time. Singlife was subsequently acquired by Sumitomo Life in March 2024, one of Japan’s leading life insurers, which valued Singlife at S$4.6 billion, making the transaction one of the largest insurance deals in Southeast Asia.

**Key Responsibilities**
- Integrate Singlife Group’s unique offerings to deliver differentiated propositions, go-to-market product launches, upselling bundling; to bring together various product pillars across investment & insurance
- Develop unique and relevant product propositions to elevate investment proposition with GROW delivered through integrated & thematic segment-specific product bundles, FAR training
- Collaborate across all product lines (Life, Health, Investments & GI) to design ‘cross-pollination’ campaigns to drive product cross-sell
- Innovate on existing product’s value proposition strategy - pivot product propositions to drive FAR-client engagement, customer retention, cross/up-sell
- Collaborate with internal stakeholders to design and implement portfolio growth strategies
- Identify potential ecosystem partners that could value add to Singlife product suite, develop partnership strategies and narratives to complement product value proposition
- Liaise with internal and external stakeholders to implement partnership collaboration models
- Support product go-to-market launch activities, including embedding proposition-led narratives in training/marketing material and launch events.

**Requirements**:

- Minimum 5 years of experience in Product
- Able to multi-task across various initiatives with potentially tight deadlines
- Comfortable with data analysis
- Comfortable with working with ambiguity and taking on end-to-end ownership of tasks assigned
- Some prior experience in product-related or growth roles is preferred.

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