Product Innovation Lead

QBE Insurance Group; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading insurance company is seeking a Product Development Manager to drive strategic initiatives and enhance product offerings. This role entails conducting market research, managing product roadmaps, and collaborating with cross-functional teams to ensure alignment with business goals. Ideal candidates will have a strong background in general insurance products, excellent project management skills, and experience engaging with senior executives.

Benefits

Flex and hybrid working options

Work from home policy

Paternity leaves matching with maternity leave

Well-being programs

Pensions

Medical benefits

Globally access to online learning

Additional days off for family care

Study leave

Marriage leave

Qualifications

• Experience in product development within the insurance sector.
• Strong financial and underwriting knowledge.
• Demonstrated project management skills.

Responsibilities

• Conduct market research and analysis for product innovation.
• Create and manage product roadmaps.
• Oversee the prototyping, testing, and validation of new products.

Skills

Analytical Thinking

Critical Thinking

Product Development

Stakeholder Management

Education

Tertiary Degree or equivalent

Insurance certification e.g. CII

Job description

Primary Details

Time Type: Full timeWorker Type: EmployeeThe purpose of this role is to drive the strategic development, improvement and maintenance of products and services, ensuring alignment with business and underwriting goals. This involves monitoring market trends, comparing products, wordings and value propositions, applying profitability best practices, tracking and complying with legal and regulatory requirements and obligations.

The Opportunity:

• Conduct market research and analysis to identify emerging trends, consumer needs, and opportunities for innovation on products and services.
• Drive the development of new products and improvement of existing products to support the company's business and underwriting goals

Your new role:

• Create and manage product roadmaps
• Oversee the prototyping, testing and validation of new products or features before launch
• Monitor product performance and generate actionable insight to support data driven decisions
• Collaborate effectively with cross-functional teams including distribution, underwriting, pricing, IT, Operations, Finance and Data & Analytics
• Assess potential risks associated with new product launch and product refresh and develop risk mitigation strategies
• Foster a culture of creativity and innovation

About you:

• General insurance product knowledge and experience in product development
• Strong financial and underwriting knowledge
• Strong critical thinker, communicator and presenter
• Proven experience of working with senior executives and multiple stakeholders
• Significant project management experience.
• Experience with process design, evaluation and improvement.

Qualifications:

• Tertiary Degree or equivalent combination of education and work experience.
• Insurance certification e.g. CII or related professional certification.

About QBE

What if you could have a positive impact – at work and in the world?

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the centre of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And with more than 13,000 people working across 27 countries, our scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.

QBE Asia’s operations is part of the QBE International Division, and has had a presence in Asia for more than 130 years with offices in: Singapore, Hong Kong & Macau, Malaysia and Vietnam. We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers, business partners, people and the community. We support ESG efforts through the QBE Foundation, which helps to create strong, resilient and inclusive communities, by focusing investment and efforts on two key areas where we believe we can have the greatest impact – climate resilience and inclusion.

Benefits

Excited to share our comprehensive benefits package at QBE!

Flex and hybrid working options

Work from home policy

Paternity leaves matching with maternity leave

️ Well-being programs

Pensions

???? Medical benefits

Globally, access to online learning via LinkedIn Learning

On top of annual leaves, 3 additional days off (Family care leaves)

Study leave

Marriage leave

Internal Appreciation program with points to redeem nice merchandize and life experiences

Join us and enjoy a work environment that values your well-being and personal growth! #EmployeeBenefits #WorkLifeBalance #CareerDevelopment

Join us now, so you can be part of our success – and we can be part of yours.

Your career at QBE — Let’s make it happen.

Skills:

Analytical Thinking, Business Case Development, Coaching for success, Critical Thinking, Customer Service, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Product Development, Product Lifecycle Management (PLM), Research Analysis, Stakeholder Management, Strategic Management, Team Management

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

About Us

We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 27 countries around the world.