Product Development Manager (ILAS / Saving) (Insurance)

Classy Wheeler Limited; Hong Kong; On-site; HKD 600,000 - 800,000; Full time

Job summary

Classy Wheeler Limited, a leading life insurance company in Hong Kong, is seeking a Product Development Manager to oversee the entire product creation and development cycle. The role includes driving new product rollouts, optimizing value propositions, and managing a small team.

Ideal candidates should hold a degree in a relevant discipline and possess over 5 years of experience in the insurance industry. Proficiency in both spoken and written English and Chinese is required.

Qualifications

• At least 5 years of hands-on experience in the insurance industry, preferably in product development.
• Ability to read and write Chinese.
• Solid product knowledge in ILAS or saving products.

Responsibilities

• Drive product creation and development cycle from ideation to implementation.
• Manage rollout of new insurance products, optimizing value propositions.
• Build relationships with internal and external partners.

Skills

Proficiency in English and Chinese

Strong business acumen

Excellent analytical skills

Customer-centric mindset

Team leadership

Education

University degree in relevant discipline

Job description

Product Development Manager (ILAS / Saving) (Insurance)

Company Description: A leading life insurance company in Hong Kong providing a comprehensive range of life insurance, wealth management, and retirement planning products and services.
Location: Taikoo Shing
Nature: Permanent

Candidates with less experience will be warmly considered for the Assistant Product Development Manager position.

Job Description

• Drive the entire product creation and development cycle, moving smoothly from initial ideation and research to final implementation.
• Manage the end-to-end rollout of new insurance products while optimizing the value proposition, distribution channels, and development processes.
• Build and maintain strong collaborative relationships with internal business counterparts and external partners.
• Ensure all product development activities are conducted with high integrity and strictly adhere to established risk control guidelines.
• Construct comprehensive product collaterals to secure necessary internal and regulatory approvals.
• Continuously analyze market intelligence to stay ahead of market trends regarding insurance products, services, and customer journeys.
• Lead a small team and actively nurture junior staff members to support their professional growth.

Job Requirements

• Hold a university degree in a relevant discipline, with a strong preference for actuarial science, finance, or business administration.
• Possess at least 5 years of hands-on experience in the insurance industry, preferably within product development, product marketing, channel development, or actuarial depth.
• Demonstrate proficiency in both spoken and written English and Chinese, including the ability to read and write Chinese.
• Exhibit strong business acumen, a customer-centric mindset, and excellent analytical skills.
• Maintain the ability to effectively communicate complex issues and solutions with various stakeholders.
• Show agility and strong execution capabilities in a fast-paced environment.
• Bring solid product knowledge in ILAS or saving products, as candidates with only digital experience and limited product knowledge will not be considered.