Product Manager (Insurance)

PJ Lhuillier Group of Companies; Manila; Presencial; PHP 1.200.000 - 2.000.000; Jornada completa

Descripción de la vacante

PJ Lhuillier Group of Companies is seeking an Insurance Product Manager in Manila to develop and manage life, non-life, HMO, and pre-need products. The role drives product feasibility, pricing strategies, and regulatory compliance across the portfolio.

You will oversee the end-to-end product cycle, coordinate with Sales for pricing, and lead multi-stakeholder reviews with insurers and internal teams to hit profitability targets. A four-year degree and 5 years of experience are required.

Formación

• Graduate of any four-year course; an MBA is preferred.
• At least 5 years of insurance product development and management experience.
• Review service contracts and SLAs with internal and external partners.
• Develop product policies and procedures, such as pricing, discounts, and the approval matrix.
• Make sure Insurance Commission and partner reporting requirements are met.
• Resolve regulator and audit findings.
• Plan the department's programs, budget, and targets.
• Lead, coach, and evaluate direct reports.

Responsabilidades

• Review product feasibility and concept studies to create new products or improve existing ones
• Recommend product changes based on performance, pricing, and loss ratio metrics
• Work with Sales Channels on competitive pricing, bundling, and discount strategies
• Present product proposals to the CLIB Head and the Insurance Product Division Head
• Oversee the product cycle from concept and pilot testing to performance review
• Set profitability targets, and work with Sales on strategies and sales targets
• Lead regular product performance reviews and monitor for irregular or fraudulent transactions
• Prepare product training materials, and work with stakeholders on marketing campaigns, customer surveys
• Negotiate new and renewal insurance packages and coverage with insurance companies
• Hold regular business reviews with insurers

Conocimientos

Product development

Product management

Contract review

Budget planning

Team leadership

Educación

Four-year degree

MBA preferred

Descripción del empleo

About the role

The candidate will develop and manage new insurance products (Life, Non-Life, HMO, Pre-need), enhance existing ones in the insurance portfolio, and oversee product documentation and compliance with insurance laws and regulations.

Key responsibilities

• Review product feasibility and concept studies to create new products or improve existing ones
• Recommend product changes based on performance, pricing, and loss ratio metrics
• Work with Sales Channels on competitive pricing, bundling, and discount strategies
• Present product proposals to the CLIB Head and the Insurance Product Division Head
• Oversee the product cycle from concept and pilot testing to performance review
• Set profitability targets, and work with Sales on strategies and sales targets
• Lead regular product performance reviews and monitor for irregular or fraudulent transactions
• Prepare product training materials, and work with stakeholders on marketing campaigns, customer surveys
• Negotiate new and renewal insurance packages and coverage with insurance companies
• Hold regular business reviews with insurers

About you

• Graduate of any four-year course; an MBA is preferred
• At least 5 years of insurance product development and management experience
• Review service contracts and SLAs with internal and external partners
• Develop product policies and procedures, such as pricing, discounts, and the approval matrix
• Make sure Insurance Commission and partner reporting requirements are met
• Resolve regulator and audit findings
• Plan the department's programs, budget, and targets
• Lead, coach, and evaluate direct reports