Responsibilities: 

1. Product Research and Development

• Support company strategy on product perspective.
• Lead and conduct the market research/ Google, market analysis, development and delivery of new product ideas and improvement to existing products resulting from specific briefs.
• Draw up schedule of product and ensure implementation of the agreed product strategy and product plan to enhance the productivity and activity to achieve business target.
• Identify new market opportunities and local market regulation changes.
• Investigate, assess and make recommendations on the feasibility of new products, ensuring local market regulations and market attractiveness are fully assessed and considered.
• Create, review and deliver product briefs and presentation materials both internally and externally as required.
• Collect the market information and perform the analysis to evaluate competitiveness position.
• Act as product owner to drive the product initiatives to achieve the expected business target.
• Actively participate in other product initiatives and coordinates with other marketing department to develop the product position and marketing plan for that product initiative.
• Participate in distributor and customer focus group to generate product ideas and collect feedback.
• Work closely with internal department to generate effective sales idea, marketing materials, sales presentation materials, sales tools etc.
• Work closely with internal department such as underwriting, product owner etc. to design marketing plan, to effectively introduce our product to company as well as our target corporate clients.
• Talk to agents to evaluate feedback.
• Manage Product cycle and performance tracking.
• Propose product to remove.
• Manage and lead and develop the team members

2. New Business Pricing

• Liaise with Actuarial Pricing team for new business pricing quotes and risk evaluation activities
• Manage all new business underwriting activities at working level
• Centrally track and monitor progress of all new business pricing projects
• Actively engage with all internal and external stakeholders in technical discussions
• Preparing and presenting reports and analyses on new business activities to management on a periodic basis or as required
• Working effectively with local actuarial teams and present findings
• Assist in managing any Product Review leading the implementation of Product Review changes.
• Assist in managing commercial reviews for new products and Product Suitability Reviews on legacy products and giving recommendations.
• Assist in managing the production and delivery of reinsurance documentation.
• Proposition development
• Identify opportunities to grow profitable business.
• Adhere to the approvals process for any propositions.

3. Relationship Management

• Actively manage relationships within the teams and partners.

4. Team Collaboration and Management

• Participate in the streamlining and optimizing of underwriting processes.
• Collaboration of best practices and support all technical activities to drive premium growth and profit

Requirement:

• Bachelor’s Degree in relevant field
• Minimum 1-2 years working experience in the relevant field
• Good interpersonal and management skill
• Creativity and innovative thinking on marketing idea
• Problem solving and decision making skills
• Effective project management skill
• Good business acumen and is customer oriented
• Hands-on insurance product development experience strongly preferred
• Excellent communication, writing, presentation and influencing skills
• Strong analytical and strategic thinking skill