Assistant Vice President, Product Development - HSBC Life

HSBC; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking an Assistant Vice President, Product Development in Singapore. This role involves driving the design and launch of life insurance products, managing product documentation, and ensuring compliance with regulatory standards. Ideal candidates will possess strong experience in insurance product development and excellent communication skills. Join a dynamic workplace committed to professional growth and innovation.

Benefits

Continuous professional development

Flexible working opportunities

Qualifications

• Strong experience in individual life and health insurance product development or management is essential.
• Excellent written and verbal communication skills are required.
• Ability to think creatively and develop innovative solutions.

Responsibilities

• Drive the design, pricing, and launch of life insurance products.
• Manage preparation and approval of product materials.
• Track post-launch KPIs and conduct performance reviews.
• Ensure products comply with regulatory standards.
• Collaborate with internal teams and regulators.
• Perform competitive benchmarking and analyze insights.
• Prepare required product reports for governance bodies.
• Lead product change initiatives and manage projects.

Skills

Insurance product development

Excellent communication skills

Creative thinking

Influencing skills

Education

Graduate in Business Management, Actuarial or related fields

Job description

Some careers have more impact than others.

If you're looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank

Insurance is about people, and the promises they keep. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC. Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Product Development.

In this role you will

• Drive End-to-End Product Development – Drive the design, pricing, and launch of life insurance products, ensuring timely delivery and stakeholder alignment.
• Oversee Product Documentation & Delivery – Manage preparation and approval of product materials, including contracts, policy illustrations, product summaries and marketing collaterals.
• Monitor Product Performance – Track post-launch KPIs, conduct performance reviews, and recommend enhancements or repricing where needed.
• Manage Regulatory & Governance Requirements – Ensure products comply with internal, regulatory, and audit standards, maintaining proper documentation and governance processes.
• Coordinate Stakeholder Engagement – Collaborate with internal teams, reinsurers, and regulators to resolve issues and ensure smooth product implementation.
• Conduct Market & Competitor Analysis – Perform competitive benchmarking and analyse customer and distribution insights to refine propositions.
• Support Reporting & Committee Submissions – Prepare and deliver required product reports, updates, and submissions to internal and external governance bodies.
• Drive Continuous Product Improvement – Lead product change initiatives, manage ad-hoc projects, and provide actionable recommendations for portfolio enhancement.

To be successful you will need

• Strong experience in individual life and health insurance product development or management. Strong background in protection and savings products with exposure to critical illness riders, market trends, and customer needs.
• Excellent written and verbal communication skills, with the ability to articulate ideas to diverse audiences.
• Think creatively, challenge assumptions, and develop innovative solutions.
• Proven ability to influence and collaborate with people from different business functions.
• Graduate in Business Management, Actuarial or related fields of study.

Opening up a world of opportunity

www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.