Product Development Manager - Life Insurance

Product Development Manager - Life Insurance

Base Camp Recruitment PTE. LTD
5-10 years
Not Specified

Job Description

This is a great permanent role for Life Insurance Product Developer / Modeller.

What's on Offer:

  • Fixed Salary, 2-3 month variable bonus and Health insurance.
  • Great team and well being

The role is to work within a team of product professionals to analyse product business requirements and actuarial models and to drive configuration of these products in line with the Prudential Product structure strategy.

The role must have an agile approach to configuration and high attention to detail in order to provide accurate and timely models in line with actuarial calculations.

The role is to work within a team of product professionals to analyse product business requirements and actuarial models and to drive configuration of these products in line with the Prudential Product structure strategy. The role must have an agile approach to configuration and high attention to detail in order to provide accurate and timely models in line with actuarial calculations.
This role will work closely with the actuarial, product and IT departments to ensure that models are developed and efficiently deployed into all appropriate technology solutions.

Duties & Responsibilities:

· Together with the Product Managers and Actuaries, configure product models in line with agreed business requirements and the Product Department component based product strategy.
· Work collaboratively with the Product, actuarial and IT departments to identify and iteratively streamline product time to market efficiencies.
· Work with the Implementation Program Manager to ensure that models are built in line with agreed deadlines
· Work with the actuarial team to align on process and quality control standards of models
· Work closely with Product Program Manager to create and maintain training material
· Disseminate training on product modelling to related teams and members to set up a practice
· Engage cross-functional teams when required to ensure timely support and response time to product model management and maintenance requirements
· Contribute to Product Team meetings on product modelling related data and insight.
· Work closely with the Product Strategy team to provide any product related insights and feedback to help shape future product development.
· Enhance strategic product development discussions with key stakeholders
· Work closely with the Head of each of the product lines and execute initiatives to maximise performance
Who we are looking for:
Competencies & Personal Traits
  • Has initiative and is focused on delivery
  • A team player who can also work independently
  • Meticulous with good organization skills
  • Good verbal and written communication skills and good interpersonal skills
  • Able to work in a fast-paced environment

Working Experience
  • At least 5 years of working experience in life insurance with products knowledge is preferred
  • Previous experience in insurance product development/ actuarial/ IT ops/ product modelling, preferably in VP/MS or similar product modelling tools
  • Strong life insurance business operational, actuarial or consulting experience with strong Excel skills will be advantageous

Education
  • Degree / Diploma or equivalent professional qualifications

Job Details

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