Senior Manager, Product Strategy (Life Insurance)

Generali Life (Hong Kong) Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Generali Life (Hong Kong) Limited seeks an experienced product strategist to own the strategy and portfolio positioning for life insurance products. You will translate objectives into a prioritized roadmap, define target segments, and shape value propositions while collaborating across customer, product, and distribution channels.

The role includes leading innovation efforts and partnering with Pricing and Product Development to align regulatory and go-to-market priorities.

Qualifications

• Minimum 8 years of experience in life insurance product strategy, product management, consulting, or actuarial/pricing with strategic remit.
• Strong grasp of actuarial concepts and financial levers (e.g., RBC/IFRS17 implications) with the ability to translate into market ready value propositions.
• Demonstrated track record leading cross functional initiatives and customer journey design.

Responsibilities

• Own the product strategy and portfolio positioning to support company objectives in customer, product, and distribution; translate into a prioritized, time bound product roadmap.
• Define target segments, value propositions, and whitespace opportunities (including digital and new partnerships).
• Institutionalize competitor benchmarking, market trend monitoring, and customer needs discovery; convert insights into clear product theses and business cases.
• Lead the front end of innovation: from problem framing to concept design and proposition shaping; ensure customer journey ownership across functions for new launches.
• Partner with Pricing to align assumptions and commercial targets; guide Product Development on feature design, regulatory path, and go to market prioritization.
• Identify and assess opportunities with reinsurers, insurtechs, and wellness/health platforms; drive pilot designs and scale-up recommendations.
• Set success metrics for new launches; monitor post launch performance and propose enhancements or retirements to optimize the portfolio.
• Build a high performing strategy bench; coach the team, and foster collaboration with Pricing and Product teams to reduce “solo working”.

Skills

Product strategy

Product management

Consulting

Actuarial concepts

Job description

Own the product strategy and portfolio positioning to support company objectives in customer, product, and distribution; translate into a prioritized, time bound product roadmap

Define target segments, value propositions, and whitespace opportunities (including digital and new partnerships)

Institutionalize competitor benchmarking, market trend monitoring, and customer needs discovery (existing and new customers). Convert insights into clear product theses and business cases

Lead the front end of innovation: from problem framing to concept design and proposition shaping; ensure customer journey ownership across functions for new launches

Partner with Pricing (as SME support) to align assumptions and commercial targets; guide Product Development on feature design, regulatory path, and go to market prioritization

Identify and assess opportunities with reinsurers, insurtechs, and wellness/health platforms; drive pilot designs and scale-up recommendations

Set success metrics for new launches; monitor post launch performance and propose enhancements or retirements to optimize the portfolio

Build a high performing strategy bench; coach the team, and foster collaboration with Pricing and Product teams to reduce “solo working”

Key Requirements:

Minimum 8 years of experience in life insurance product strategy, product management, consulting, or actuarial/pricing with strategic remit

Strong grasp of actuarial concepts and financial levers (e.g., RBC/IFRS17 implications) with the ability to translate into market ready value propositions (Pricing SME support available)

Demonstrated track record leading cross functional initiatives and customer journey design

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total

premium income of more than € 75.8 billion in 2021. With nearly 75,000 employees serving 67 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to

its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

At Generali, diversity and inclusion are a critical part of our cultural transformation. We are committed to promoting a culture of inclusion that celebrates people's singularity and diversity

with particular attention to disabilities, culture, and gender. Leveraging diversity to create long-term value: this is Generali. It is our differences that make the difference!