Life Product Development & Implementation Staff

PT Asuransi Jiwa Sequis Life; Jakarta Pusat; On-site; IDR 180,000,000 - 300,000,000; Full time

Job summary

PT Asuransi Jiwa Sequis Life in Jakarta is seeking a product development specialist to support life insurance product design, pricing concepts, and policy provisions. You will coordinate with actuarial, IT, operations, legal, compliance, and distribution to ensure timely, compliant product implementations.

The role involves market research, competitor analysis, and monitoring product performance to identify opportunities for improvement and regulatory alignment, with strong emphasis on

Qualifications

• Bachelor's degree in any field.
• 1+ year of experience, preferably in life insurance.
• Strong understanding of life insurance products, design, pricing and policy mechanisms.
• Excellent project management, coordination and stakeholder management.
• Strong analytical skills to interpret product performance data.
• Proficient in Excel and PowerPoint with good communication and presentation skills.

Responsibilities

• Coordinate with internal stakeholders to support life insurance product development and implementation.
• Conduct market research and competitor analysis to identify trends and opportunities.
• Support development and enhancement of life insurance products, including features, pricing concepts and policy provisions.
• Monitor product development timelines and coordinate cross-functional activities for successful implementation.
• Prepare product documentation, proposals, and materials for regulatory submissions and internal communication.
• Monitor product performance and provide insights and recommendations for improvement.

Skills

Life insurance basics

Product design

Pricing principles

Policy mechanisms

Project management

Stakeholder management

Analytical skills

Excel & PowerPoint

Communication & presentation

Education

Bachelor's degree

Tools

Microsoft Excel

PowerPoint

Job description

• Coordinate with internal stakeholders (Actuarial, IT, Operations, Legal, Compliance, and Distribution) to support life insurance product development and implementation.
• Conduct market research and competitor analysis to identify market trends, customer needs, and potential product improvement opportunities.
• Support the development and enhancement of life insurance products, including product features, pricing concepts, and policy provisions.
• Monitor product development timelines and coordinate cross-functional activities to ensure successful product implementation.
• Prepare product documentation, proposals, and materials for regulatory submissions and internal stakeholder communication.
• Monitor product performance and provide insights and recommendations for product improvement.

Requirements:

• Bachelor's degree in any relevant field.
• Minimum 1 year of working experience, preferably in the life insurance industry.
• Good understanding of life insurance products, including product design, pricing principles, and policy mechanisms.
• Strong project management, coordination, and stakeholder management skills.
• Good analytical skills with the ability to interpret product performance data.
• Proficient in Microsoft Excel and PowerPoint, with strong communication and presentation skills.