Product Development Lead, General Insurance

Blue Cross (Asia-Pacific) Insurance Ltd

Hong Kong

On-site

HKD 850,000 - 1,100,000

Full time

14 days+

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Job summary

Blue Cross (Asia-Pacific) Insurance Ltd. is seeking an experienced Insurance Product Development professional in Hong Kong.

You will conceive, develop, implement and enhance life, health, and wellness insurance schemes and products, collaborating with actuarial, operations, legal and distribution teams to deliver innovative solutions. The role requires strong project management, market research, and presentation skills, with at least five years of relevant experience in general insurance product

Qualifications

5+ years of relevant experience in insurance product development and implementation.
Degree holder in Actuarial, Marketing, Business Administration or related disciplines.
Holder of IIQAS / ACII / ANZIIF designations preferred.
GI product knowledge with sales, underwriting or operations experience welcomed (2–3 years).
License(s) may be required for regulated activities.

Responsibilities

Assist department head on the product design of general insurance (medical or non-medical products); to develop and enhance full spectrum of product development of general insurance (medical or non-medical products) distributed via different channels including agency, direct, agents & brokers and bancassurance channels.
Assist department head and superior to monitor the product development, product implementation and product approval process and work closely with relevant divisions / departments, including but not limited to actuarial, operations, legal and compliance, distribution channels, marketing, finance and IT to provide innovative and quality products and service to customers according to the company’s business objectives.
Prepare presentation deck, product specification, product approval documents, implementation schedule, policy provisions write-up, launch pack, pre/post-launch product evaluation and relevant risk assessment, guidelines and procedures throughout the product development stage.
Coordinate and monitor the delivery of product materials, training tools, product briefing prior the product launch.
Assist division / department head to prepare recommendations to management by closely reviewing and monitoring the performance and competitiveness of the existing, newly launched and revamped products on an ongoing basis.
Conduct market research and prepare competitive analysis on regular basis