Manager, Product Development

Manulife Insurance Malaysia; Singapore; Hybrid; SGD 110,000 - 170,000; Full time

Job summary

Manulife Insurance Malaysia is seeking a commercially driven Manager / Senior Manager, Product Development to drive life insurance product development from concept through launch. You will partner with Distribution, Actuarial, Operations, Technology, Legal, Compliance and Risk to deliver innovative products that meet customer needs and regulatory requirements.

Responsibilities include managing new product deliveries, developing product roadmaps, aligning stakeholders, supporting sales campaigns,

Qualifications

• Bachelor's degree in Business, Finance, Marketing, Economics, Actuarial Science, or a related discipline.
• 7+ years of progressive experience in life insurance product development, product strategy, pricing or other related roles.
• Experience developing and executing product strategies and roadmaps.
• Experience leading cross-functional initiatives, influencing stakeholders and driving alignment across multiple business functions.
• Strong understanding of insurance product design, customer value propositions, market dynamics, competitive positioning and insurance process.
• Good 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.
• Good communication, presentation, and stakeholder management skills.

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.
• Support of other product initiatives and projects as required from time to time.

Job description

We are seeking a highly motivated and commercially driven Manager / Senior Manager, Product Development to join our Product team. In this role, you will be responsible for driving the development and enhancement of life insurance products from concept through launch, ensuring solutions meet customer needs, business objectives, and regulatory requirements. You will work closely with cross-functional stakeholders across Distribution, Actuarial, Operations, Technology, Legal, Compliance, and Risk functions to deliver innovative product solutions that strengthen our market position and create value for customers.

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.
• Support of other product initiatives and projects as required from time to time.

Preferred Qualifications:

• Bachelor's degree in Business, Finance, Marketing, Economics, Actuarial Science, or a related discipline.
• 7+ years of progressive experience in life insurance product development, product strategy, pricing or other related roles.
• Experience developing and executing product strategies and roadmaps.
• Experience leading cross-functional initiatives, influencing stakeholders and driving alignment across multiple business functions.
• Strong understanding of insurance product design, customer value propositions, market dynamics, competitive positioning and insurance process.
• Good 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.
• Good communication, presentation, and stakeholder management skills.

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 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.