Insurance Product Manager, Retail Banking & Wealth

Industrial and Commercial Bank of China (Asia) Limited

Hong Kong

On-site

HKD 500,000 - 900,000

Full time

6 days ago
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Job summary

Industrial and Commercial Bank of China (Asia) Limited is seeking a Product Manager (Insurance Product) within Retail Banking and Wealth Management, RBD in Hong Kong. You will support strategic planning, insurance product management and end-to-end onboarding for Life Insurance offerings.

You will collaborate with internal and external stakeholders to launch plans, marketing campaigns and bancassurance initiatives, while ensuring regulatory compliance and delivering MIS insights on business

Qualifications

  • University graduate, preferably with major in Finance, Economics or Business Administration.
  • 5-7 years of solid experience in banking, asset management, insurance or related field.
  • CFA, CFP, FRM candidate is ideal, but is not a must
  • Strong business sense with good analytical skills, interpersonal and leadership capabilities
  • Detail-oriented and excellent project management skills
  • Good negotiation skills for liaison with business partners
  • Excellent communication skill in written and spoken English & Chinese, fluent in Putonghua is preferred

Responsibilities

  • Support the strategic planning for effective business expansion, product management and development for insurance service
  • Support in and ensure effective end-to-end management of new product onboarding, product due diligence, product selection and ongoing product maintenance for Life Insurance products
  • Develop business plans to drive Insurance business in order to meet business targets
  • Collaborate with internal & external stakeholders (including insurance partners) on product launch plan, marketing campaigns, training, etc to support the insurance business
  • Work with branches, sales, other relevant business units to develop integrated distribution initiatives to expand the business portfolio
  • Assist supervisor in handling projects related to insurance products, marketing and bancassurance partnership management, providing ad-hoc support as assigned
  • Observe and follow the relevant regulatory requirement to ensure that the tasks are carried out appropriately
  • Prepare the insurance MIS report to analyze the business trends and customer demand
  • Observe and follow the relevant regulatory requirement to ensure that the tasks are carried out appropriately

Skills

Business acumen
Analytical skills
Interpersonal skills
Leadership
Project management
Negotiation
Communication (English & Chinese)

Education

Bachelor's degree in Finance / Economics / Business Administration

Tools

Word
Excel
PowerPoint

Job description

Industrial and Commercial Bank of China (Asia) Limited is seeking a Product Manager (Insurance Product) within Retail Banking and Wealth Management, RBD in Hong Kong. You will support strategic planning, insurance product management and end-to-end onboarding for Life Insurance offerings.

You will collaborate with internal and external stakeholders to launch plans, marketing campaigns and bancassurance initiatives, while ensuring regulatory compliance and delivering MIS insights on business

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