Assistant Product Development Manager - Insurance Industry

IPS Group (Asia) Limited; Hong Kong; On-site; HKD 420,000 - 600,000; Full time

Job summary

IPS Group (Asia) Limited is seeking an Assistant Product Development Manager to support the development and management of insurance products. You will collaborate with product management professionals and help launch innovative insurance solutions aligned with business aims.

Responsibilities include market research, documentation, cross-functional liaison with underwriting, sales and marketing, and ongoing product performance analysis to inform enhancements.

Qualifications

• Bachelor's degree in Business, Marketing, Finance, Insurance or a related discipline.
• 3–5 years of experience in product development or product management, preferably in insurance/financial services.
• Strong understanding of insurance products and market landscape.
• Excellent analytical and research skills with data interpretation.

Responsibilities

• Assist in conception, development and launch of new insurance products and services.
• Conduct market research and competitive analysis to identify opportunities and inform product strategy.
• Prepare product documentation including specifications, requirements and business cases.
• Collaborate with underwriting, sales, marketing and operations to ensure product delivery.
• Monitor product performance and gather customer feedback for enhancements.
• Maintain detailed records of the product development process and outcomes.
• Create marketing and promotional materials for new and existing products.
• Contribute to product roadmaps and strategic initiatives.

Skills

Market research

Product development

Stakeholder collaboration

Analytical skills

English & Cantonese communication

MS Office

Project management tools

Education

Bachelor's degree in Business, Marketing, Finance, Insurance or related discipline

Tools

Microsoft Office

Project management tools

Job description

Assistant Product Development Manager - Insurance Industry

About the role Your new company is looking for an Assistant Product Development Manager (Insurance Industry) to join its Product Development team. In this role, you will support the development and management of insurance products and collaborate with experienced product management professionals. You will play an important part in launching new insurance solutions, ensuring they meet customer needs and align with business objectives.

Job responsibilities:

Assist in the conception, development and launch of new insurance products and services

Conduct market research and competitive analysis to identify opportunities and inform product strategy

Support the preparation of product documentation, including specifications, requirements and business cases

Liaise with cross-functional teams including underwriting, sales, marketing and operations to ensure successful product delivery

Monitor product performance and gather customer feedback to inform product enhancements and iterations

Maintain detailed records and documentation of the product development process and outcomes

Support the creation of marketing and promotional materials for new and existing products

Contribute to the development of product roadmaps and strategic initiatives

Job requirements:

Bachelor's degree in Business, Marketing, Finance, Insurance or a related discipline

3-5 years of experience in product development, product management or related roles, preferably within the insurance or financial services industry

Strong understanding of insurance products and the broader insurance market landscape

Excellent analytical and research skills with the ability to interpret data and draw meaningful insights

Proficiency in Microsoft Office suite and experience with project management tools

Strong written and verbal communication skills in English and Cantonese; Mandarin is desirable

Ability to work collaboratively with multiple stakeholders across different departments

Detail-oriented with excellent organisational and time management abilities

Problem-solving mindset with the ability to work independently and as part of a team