Senior Product Development Manager

BOC Group Life Assurance Company Ltd; Hong Kong; On-site; HKD 480,000 - 960,000; Full time

Benefits offered by this job

5-day work week

Attractive remuneration package

Training & development opportunities

Job summary

BOC Group Life Assurance Company Ltd in Hong Kong is seeking a Product Development Manager to drive the end-to-end lifecycle of life insurance products, from ideation to launch, guided by market insights and governance.

You will partner with distribution, lead cross-functional teams across actuarial, operations, systems and risk, develop documentation, and support Day 2 readiness while mentoring staff to build a high-performing team.

Qualifications

• 8+ years of experience in the insurance industry, focusing on product development, marketing, channel development or actuarial.
• Strong communication skills and the ability to drive performance through change.
• Agile mindset with strong execution and collaboration capabilities.
• Commercially minded, analytical, and a strategic thinker.
• Detail-oriented with solid presentation skills.

Responsibilities

• Drive the end-to-end product development lifecycle from ideation to launch.
• Partner with distribution to validate product requirements and align with business objectives.
• Lead cross-functional collaboration across actuarial, operations, systems and risk.
• Develop and maintain product documentation, contracts, illustrations, and manuals.
• Support Day 2 product maintenance, including enhancements and change assessments.
• Monitor market trends and regulatory changes to ensure compliant product changes.
• Lead and nurture staff to build a high-performing team.

Skills

Product development

Product marketing

Channel development

Agile

Communication

Presentation skills

Analytical thinking

Team leadership

Job description

We help fulfil this desire by providing a wide variety of life insurance products and services to our clients through various channels, both face-to-face and digitally. And we are dedicated to promote digital transformation and fintech innovation in a customer-centric manner.

Job Responsibilities:

• Drive the end-to-end product development lifecycle, from ideation to launch, that align with market insights and Product Steering Committee governance.
• Partner with distribution channels to gather and validate product requirements, ensuring alignment with customer needs, channel capabilities, and business objectives.
• Lead cross-functional collaboration with product implementation workgroup on the requirements across actuarial, operational, system, and risk dimensions.
• Develop and maintain product documentation, including specifications, policy contracts, illustrations, approval templates, and product manuals.
• Support post-launch product maintenance (Day 2 readiness), including issue resolution, enhancements, and change assessments.
• Stay abreast of competitors' movement, industry trends and regulatory changes, and facilitate commercialization of necessary changes to ensure adherence to internal and external risk-based diligence.
• Lead and nurture staff to groom the team

Job Requirement:

• At least 8 years of working experience in insurance industry, preferably in the areas of product development, product marketing, channel development or actuarial
• Good communication skill, ability to handle change and actively drive performance
• Agile and have strong execution capabilities, able to build collaboration
• Bottom line orientated, analytical and strategic thinker
• Detailed oriented with strong presentation skills
• Candidates with less experience will also be considered as Product Development Manager.

We offer 5-day work week, attractive remuneration package and excellent training & development opportunities.

(Data collected will be used for recruitment purpose only.)

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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 Development Manager?
• Are you willing to undergo a pre-employment background check?
• How much notice are you required to give your current employer?
• Are you willing to undergo a pre-employment medical check?

We are now expanding and inviting high calibre candidates to join our dynamic team.

We are now expanding and inviting high calibre candidates to join our dynamic team.

What can I earn as a Product Development Manager