Insurance Product Development Lead

BOC Group Life Assurance Company Limited; Hong Kong; On-site; HKD 800,000 - 1,200,000; Full time

Benefits offered by this job

5-day work week

Remuneration package

Training & development opportunities

Job summary

BOC Group Life Assurance Company Limited is seeking a seasoned Product Development professional to lead end-to-end insurance product initiatives in a cross-functional team. This role focuses on ideation through rollout, optimizing value propositions, and channel strategy to drive market-leading products.

The candidate should bring at least 5 years in insurance product development, strong English and Chinese communication, and a proven track record in agile execution and stakeholder management.

Qualifications

• University degree in a relevant discipline, such as actuarial science, finance, or business administration are preferred.
• At least 5 years hands on experience in the insurance industry, preferably in the areas of product development, product marketing, channel development or actuarial.
• Proficient in spoken & written English & Chinese.
• Strong business acumen, customer-centric mindset, and excellent analytical skills.
• Ability to effectively communicate complex issues and solutions with various stakeholder.
• Agile and have strong execution capability.

Responsibilities

• Drive the product creation and development cycle, from ideation and research, to implementation.
• Manage the end-to-end rollout of new insurance products, including optimizing the value proposition, distribution channels, and the overall product development process.
• Build collaborative relationships with internal counter parties or external business partners.
• Ensure all product development activities are conducted with high integrity and adhere to established risk control guidelines, procedures, and measures to mitigate potential risks.
• Construct product collaterals for necessary internal and regulatory approvals.
• Continuously analyze market intelligence to understand market trends in products, services and customer journeys.
• Lead a small team and nurture junior staff.

Skills

Bilingual English/Chinese

Stakeholder communication

Analytical skills

Agile execution

Leadership

Education

Bachelor’s degree in actuarial science, finance, or business administration

Job description

BOC Group Life Assurance Company Limited is seeking a seasoned Product Development professional to lead end-to-end insurance product initiatives in a cross-functional team. This role focuses on ideation through rollout, optimizing value propositions, and channel strategy to drive market-leading products.

The candidate should bring at least 5 years in insurance product development, strong English and Chinese communication, and a proven track record in agile execution and stakeholder management.