Senior Manager, Product Strategy and Management

Senior Manager, Product Strategy and Management

AIA Group
10-15 years
Not Specified

Job Description

Bring your career aspirations to life with AIA!Develop and promote new / existing insurance products, including life, non-life, investment-linked, Corporate Solutions, etc., to multi-channels to optimize new business profitability, customer needs and production growth
Roles and Responsibilities:
  • As a product line owner, define the product strategies and actively create / explore new product ideas for the relevant product lines to support multi-channels distribution
  • Conduct focus groups with customers and frontline to test new product ideas
  • Lead the implementation and execution of the agreed product strategies and product plans to meet customer needs and competitive market environments
  • Work with channels to deliver various product initiatives in order to meet business goals of multi-channels
  • Conduct market analysis to identify opportunities and new product initiatives for different customer segments and multi-channels to improve our completeness position
  • Collaborate with various stakeholders, such as Actuarial, Operations, Reinsurers, Agency, Partnership Distribution, Marketing, Group Office counterparties, etc, to drive various initiatives to implement the agreed business plan of product initiatives in order to meet the business goals
  • Ensure the product development and implementation processes compliant with regulatory guidelines, Group's governance structures and Risk and Compliance Standards
  • Participate in Product Implementation Taskforce and PGS regular meetings to drive the implementation of the product launches, various product and / or regulatory initiatives with good quality and timely manner
  • As the ambassador of the product line, conduct training / district visits to frontline for new product initiatives to facilitate the understanding of product proposition, key selling edges and new product features / concept
  • Conduct post implementation review via business data report and feedback from frontline
  • Lead the ad-hoc projects and other duties as required
  • Coach and develop team members

Minimum Job Requirements:
  • University graduate plus around 10 -15 years (Senior Manager) of working experience in the insurance industry, actuarial science or related background is preferred
  • In-depth knowledge in responsible for marketing and communication
  • Solid experience in product development with investment linked product experience preferred
  • All rounded experience in the areas of business development, strategic planning and project management
  • Distribution channel experience covering both agency and bancassurance is preferable
  • Good communication and presentation skills
  • Problem solving and decision-making skills
  • Effective staff coaching skill

Build a career with us as we help our customers and the community live healthier, longer, better lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

About AIA Group

The roots of today's AIA Group can be traced to 1919 when entrepreneur Cornelius Vander Starr established his first insurance business in Shanghai, China. What followed was pioneering growth, securing AIA's position as the largest independent publicly listed pan-Asian life insurance group-spanning 18 markets and serving the holders of more than 38 million individual policies and more than 16 million group scheme members. AIA is based in Hong Kong and is listed on The Stock Exchange of Hong Kong under the stock code '1299' (ticker symbol: 'AAGIY'). AIA's contributions have supported social and economic progress across Asia, while also advancing the reach and impact of life insurance across the region. In 2020, we paid more than US$16 billion in benefits and claims, providing essential financial protection when it was needed the most. We also take pride in the long-term relationships we have developed with our customers and agents that in many cases have continued for generations. The insurance industry plays an important role in addressing the sustainability challenges our communities face. With this in mind, AIA's ambition is to be a global industry leader in Environmental, Social, Governance (ESG), shaping a sustainable future for the communities we serve and creating long-term value for our stakeholders. For more than a century, AIA has strived to make a significant, positive impact for our customers and communities across Asia. As we look to the future, this commitment is reinforced by our Purpose: to help millions of people live Healthier, Longer, Better Lives. Our Purpose guides the decisions we make and the actions we take as an organisation-empowering and enabling people to understand and manage their health, while meeting their long-term savings and protection needs. Helping create a healthier Asia is one of the most important and valuable things we can do for our communities, today and tomorrow.

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