Product Manager

Bank of China Group Insurance Company Limited; Hong Kong; On-site; HKD 600,000 - 1,000,000; Full time

Job summary

Bank of China Group Insurance Company Limited is seeking a Product Leader to drive strategy, lifecycle management, and commercial rollout of personal lines and SME insurance offerings across direct-to-consumer and broker networks.

The role requires 5–8 years in general insurance with at least 3 years in personal lines, strong drafting and pricing capabilities, and proven cross-functional leadership across IT, risk, and operations. Fluency in English, Cantonese, and Mandarin is preferred.

Qualifications

• Degree in Business, Finance, Insurance, Actuarial Science, Risk Management, or a related discipline
• Minimum 5–8 years of general insurance experience, with at least 3+ years specifically focused on Personal Lines product development, underwriting, portfolio management or pricing
• Proven track record in drafting policy wordings, defining risk appetite, and structuring policy coverage/exclusions for personal lines products
• Demonstrated ability to lead cross-functional alignment across technical, operational, risk and commercial stakeholders throughout the product life cycle
• Hands-on experience translating product specifications and business logic into IT requirements is a plus
• Excellent project management skills, with a track record of driving products from initial concept to commercial launch
• Strong understanding of personal lines products, portfolio analytics, and pricing mechanics
• Strong written and verbal communication skills in English, Cantonese and Mandarin

Responsibilities

• Lead strategy, product lifecycle, and commercial launch of personal lines and SME insurance products across D2C digital channels and intermediary networks
• Define core target market, product appetite, coverage terms, exclusions; draft policy wordings and templates aligned with market needs
• Collaborate with pricing actuary on base rate structures and portfolio performance review
• Coordinate with IT to translate product rules into IT requirements and perform UAT and end-to-end testing
• Ensure smooth policy issuance flow with Operations to maximize customer satisfaction
• Drive products through development committees for approvals and regulatory filing
• Conduct market analysis and track competitor pricing to drive product innovation
• Develop promotional materials, product guides, and training for sales channels

Skills

Strategy

Product lifecycle

Commercial launch

Personal lines

Pricing

Education

Bachelor degree in Business/Finance/Insurance

Job description

Lead the strategy, product lifecycle, and commercial launch of personal lines and SME (Small and Medium Enterprise) insurance products (e.g., Motor, Travel, Home, PA, SME Commercial Package and Group Travel) across direct-to-consumer digital channels and intermediary networks.

Key responsibilities

Define core target market, product appetite, product coverage terms, exclusions; draft and maintain clear, compliant policy wordings, endorsements, and schedule templates in alignment with market needs and strategic business goals

Work closely with pricing actuary on establishing base rate structures, and reviewing portfolio performance

Work closely with IT Teams to translate product rules, rate tables, and business logic into IT requirements; conduct user acceptance testing (UAT) and end-to-end journey testing prior to rollout

Coordinate with Operations to ensure smooth policy issuance flow to maximize customer satisfaction

Drive products through internal product development committees to secure necessary approval and regulatory filing, ensuring full adherence to internal guidelines, regulatory standards and legal/compliance requirements

Conduct continuous market analysis, track competitor pricing/offerings, engage regularly with frontline staff to gather grassroot market intelligence and identify emerging digital channel opportunities to drive product innovation

Develop key promotional materials, product summary guides, and training programs for internal and external sales channels to maximize product knowledge and sales momentum

About you

Degree in Business, Finance, Insurance, Actuarial Science, Risk Management, or a related discipline

Minimum 5–8 years of general insurance experience, with at least 3+ years specifically focused on Personal Lines product development, underwriting, portfolio management or pricing

Proven track record in drafting policy wordings, defining risk appetite, and structuring policy coverage/exclusions for personal lines products

Demonstrated ability to lead cross-functional alignment across technical, operational, risk and commercial stakeholders throughout the product life cycle

Hands-on experience translating product specifications and business logic into IT requirements is a plus

Excellent project management skills, with a track record of driving products from initial concept to commercial launch

Strong understanding of personal lines products, portfolio analytics, and pricing mechanics

Strong written and verbal communication skills in English, Cantonese and Mandarin

Unlock job insights

Your application will include the following questions:

• Which of the following statements best describes your right to work in Hong Kong?
• What's your expected monthly basic salary?
• How many years' experience do you have as a product manager?
• What is your highest level of education?

Bank of China Group Insurance Company Limited has been providing general insurance products and professional services and comprehensive coverage to customers for over a decade. We strive to achieve: Service Excellence, Product Diversification, Accountability and Customer Satisfaction. The scopes of operation and service of the Company continues to enhance. To cope with our business growth, we are now looking for qualified candidates to join our dynamic team.

Bank of China Group Insurance Company Limited has been providing general insurance products and professional services and comprehensive coverage to customers for over a decade. We strive to achieve: Service Excellence, Product Diversification, Accountability and Customer Satisfaction. The scopes of operation and service of the Company continues to enhance. To cope with our business growth, we are now looking for qualified candidates to join our dynamic team.