Senior Insurance Product Manager — Strategy, Launch & Compliance

PJ Lhuillier Group of Companies

Manila

On-site

PHP 1,200,000 - 2,000,000

Full time

3 days ago
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Job summary

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.

Qualifications

  • 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.

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

Skills

Product development
Product management
Contract review
Budget planning
Team leadership

Education

Four-year degree
MBA preferred

Job description

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.

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