Senior Life Insurance Product Strategist

Lewis Personnel Management

Metro Manila

On-site

PHP 800,000 - 1,200,000

Full time

14 days+

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Job summary

Lewis Personnel Management in the Philippines is seeking a senior Product Development professional to lead the design and development of life insurance products, including term, whole life, endowment and investment-linked policies. You will continuously improve offerings to reflect customer needs, actuarial soundness, and market competitiveness.

You will conduct in-depth research on industry trends, customer behavior, and the competitive landscape, translating insights into viable product

Qualifications

Bachelor's degree or equivalent in a quantitative field.
3–6 years of experience in Life Insurance product development.
Knowledge of local regulatory frameworks governing life insurance.
Familiar with RBC, actuarial guidelines, and market conduct rules.

Responsibilities

Lead design and development of new life insurance products (term, whole life, endowment, investment-linked).
Improve existing products reflecting customer needs and market competitiveness.
Research industry trends, customer behavior and competitive landscape; translate insights into product concepts.
Generate and assess product ideas from market research and strategic goals.
Collaborate with underwriting, legal, ops, IT, compliance, and marketing during design.
Work with actuaries to finalize pricing, reserves, and profitability assumptions.
Ensure products meet governance and regulatory requirements.
Coordinate with IT to ensure core systems support new products.
Monitor lifecycle performance: persistency, claims, and customer satisfaction.
Support marketing, sales, and training with product knowledge and launch materials.