Product Development

**Location**

Singapore, Central Singapore

**Job Type**

Permanent

**Salary**

$17,000 - $26,000 Per Month

**Date Posted**

5 hours ago

Additional Details

**Job ID**

103113

**Job Views**

1

**Job Description**:
Roles & Responsibilities
**Job Summary**

Within P&C Partners, you are a Product Development & Innovation Manager in charge of (i) supporting Reinsurance and Specialty Insurance underwriting teams in their underwriting development projects and (ii) building a portfolio of new insurance products (in-house and through partnerships).

You will benefit from SGPC Division resources and will interact with market/client managers to steer a wide range of initiatives including interaction with clients. Your generalist UW expertise, Data science interest and PMO capabilities will be key success factors for the Product Development & Innovation portfolio. You will also act as a key business link to SCOR’s Ventures activities.

**Key duties and responsibilities**

As the P&C Partners Product Development & Innovation Manager, you will support Reinsurance and Specialty Insurance underwriting teams in their efforts to develop insurance products and services for treaty and corporate clients:
Participate to any underwriting development projects:

- Either on Specialty Insurance or for our Reinsurance clients
- Mature products and innovative opportunities.

Develop a pipeline of New Products opportunity:

- Provide market insight and development Investigate, analyze existing and new markets in the area and propose new solutions, new businesses to develop the existing portfolio
- Investigate on partnership models
- Evaluate and advice 3rd party providers
- Leverage synergies with Ventures

Support Underwriters on Innovation topics:

- Bring technical expertise on new product / services
- Visit client with Underwriters when needed to present new products /services
- Support underwriters in client negotiation if needed
- Actively participate, contribute and collaborate to UW planning, business initiative and implementation process to both Reinsurance and Specialty Insurance

Based on your generalist expertise, work with SGPC division functions to evaluate various requirements of any Underwriting Development Project:

- Risk modeling
- Actuarial Pricing
- Insurance Wording
- UW guidelines
- Distribution
- Capacity / Reinsurance arrangements
- Legal and regulatory

Based on your strong PMO skills, and leveraging the existing PD&I core team experience, construct and lead deal teams across SCOR P&C to bring the necessary support to the execution of the successive steps of a specific Underwriting Development Project:

- Opportunity identification
- Feasibility study (including assessment of potential IT partner)
- Proof of Concept (including management of potential IT partner) Progressive UW delegation Geographical roll-out
**Required experience & competencies**
- Ideally, a minimum of 10-15 years work experience on similar fields in an international environment
- Strong experience in Data science
- Ability to work within a team, to share work and information with other team members
- Proven underwriting skills for diverse and large companies (wordings, quotations),
- Proven International exposures,
- Risk management knowledge, reinsurance and insurance,
- Ability to define and implement a business plan
- Ability to manage teams (direct and remote), projects and deals with their specificities
- Communication, interpersonal skills
- Analytical, organizational and reporting skills
- Ability to travel up to 33% FTE
**Required Education**
- Degree in Mathematics, Engineering or equivalent discipline. Business degree in addition would be a plus.

Tags

product

development

innovation

manager