Product Development Lead - Life Insurance Innovation

Sunlife Solar; Indonesia; On-site; IDR 350,000,000 - 550,000,000; Full time

Job summary

Sun Life Indonesia seeks an experienced product professional to lead product development and lifecycle management for life insurance initiatives. You will coordinate with distribution, marketing, and operations teams to deliver timely product launches and strategic market insights.

The role requires a strong background in life insurance product design, regulatory understanding, and the ability to translate market data into actionable product strategies.

Qualifications

• Bachelor's Degree in Actuarial Science, Economics, Management, Mathematics, Statistics, Business or related field.
• Minimum 5 years in life insurance industry, incl. at least 2 years in product development/management/marketing.
• Hold a valid Certificate of Life Insurance (CLI) or equivalent insurance certification.
• Strong understanding of life insurance products, customer needs and market dynamics.
• Proven knowledge of insurance product development processes including design, pricing, regulatory requirements and launches.
• Proficient in conducting market research and translating insights into strategies and recommendations.
• Strong analytical and problem-solving skills; able to leverage data and AI tools for product innovation.
• Good command of both written and spoken English.
• Excellent stakeholder management, communication and project coordination skills.

Responsibilities

• Ensure all product initiatives are delivered based on product timeline and prep marketing materials.
• Propose and discuss new product initiatives, value propositions and marketing aspects.
• Moderate Product Development Governance meetings with related parties.
• Prepare materials for product discussions with Distribution & Marketing.
• Support OJK submission and feedback for products.
• Prepare slide materials for Training to Trainers and Operations teams.
• Lead Product Socialization activities.
• Provide product performance reports after launch.
• Analyze and compare market insurance products.
• Lead development of the company website.

Skills

Stakeholder management

Analytical thinking

Project coordination

English proficiency

Education

Bachelor's Degree in Actuarial Science, Economics, Management, Mathematics, Statistics, Business

Job description

Sun Life Indonesia seeks an experienced product professional to lead product development and lifecycle management for life insurance initiatives. You will coordinate with distribution, marketing, and operations teams to deliver timely product launches and strategic market insights.

The role requires a strong background in life insurance product design, regulatory understanding, and the ability to translate market data into actionable product strategies.