Director, Product Development

Manulife Insurance Malaysia; Singapore; Hybrid; SGD 180,000 - 240,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

Manulife Financial Corporation is seeking a senior product professional to lead the delivery of insurance products from concept to launch. You will shape roadmaps by translating market insights into initiatives and value propositions, while collaborating with Distribution, Actuarial, Operations, Technology, Legal and Compliance to align stakeholders.

A strong governance framework and seasoned leadership are essential.

Qualifications

• 12+ years in insurance product development or related roles.
• Experience developing and executing product strategies.
• Proven success leading large cross-functional initiatives with significant business impact.
• Excellent communication and stakeholder management skills.

Responsibilities

• Deliver new products and enhancements from concept to launch with business cases and PS documents.
• Support the product roadmap by identifying market opportunities and customer needs.
• Collaborate with Distribution, Actuarial, Operations, Technology, Legal, Compliance to drive initiatives.
• Partner with distribution teams to develop sales campaigns that drive adoption and growth.
• Ensure governance, risk oversight, and disciplined project delivery.

Skills

Insurance product development

Product strategy

Cross-functional leadership

Stakeholder management

Analytical thinking

Strategic thinking

Team collaboration

Education

Bachelor's degree in Business/Finance/Marketing/Economics/Actuarial Science

Job description

Position Responsibilities:

• Manage the delivery of new products and enhancements from concept to launch, including business cases, product specifications, stakeholder alignment, and preparation of point of sales documents.
• Support the development and execution of product roadmap for assigned product portfolios by identifying market opportunities, customer needs, industry trend and translating insights into actionable product initiatives and value propositions.
• Collaborate and drive conversations with cross functional stakeholders (eg: Distribution, Actuarial, Operations, Technology, Legal, Compliance) to drive product initiatives, influence alignment, and resolve issues timely.
• Partner with distribution teams to develop and execute sales campaigns that drive product adoption, customer value, and business growth.
• Ensure effective execution of product initiatives through strong governance, risk oversight, and disciplined project delivery.

Required Qualifications

• 12+ years of progressive experience in insurance product development, product strategy, pricing or other related roles.
• Proven experience developing and executing product strategies and roadmaps.
• Demonstrated success leading large-scale cross-functional initiatives with significant business impact.
• Strong understanding of insurance product design, customer value propositions, market dynamics, competitive positioning and insurance process.
• Experience influencing senior stakeholders and driving alignment across multiple business functions.
• Strong analytical, commercial, problem-solving, and strategic thinking capabilities.
• Strong team player with a collaborative mindset, committed to fostering knowledge sharing and a high-performing team culture.
• Excellent communication, presentation, and stakeholder management skills.
• Bachelor's degree in Business, Finance, Marketing, Economics, Actuarial Science, or a related discipline.

When you join our team

We’ll empower you to learn and grow the career you want. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

Manulife is an Equal Opportunity Employer At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies.

To request a reasonable accommodation in the application process, contact [e-mail].

Working Arrangement

Hybrid

We’re Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.