Manager, Product Development

1 month ago


Malaysia Hong Leong Group Full time

Product Manager responsible for developing and marketing insurance products, working closely with pricing team and managing product enhancements and development.

The role involves identifying product gaps, designing marketing materials, and conducting focus groups with agents, distributors, and consumers. It also includes reviewing and enhancing product development and approval processes, providing ongoing product support, and conducting product training.

  • Identify product gaps and initiate new product proposals.
  • Develop product specifications and negotiate with pricing team for competitive pricing and profitability.
  • Design and develop marketing materials for product launches.
  • Lead product enhancements and development of new and existing products.
  • Co-manage benefit illustration file/software and/or calculators with pricing team.
  • Develop certificate contracts for new and existing products.
  • Conduct product comparison and analysis of customer data to identify opportunities for cross-selling or upselling.
  • Deter and mitigate risk for products vulnerable to moral hazard.
  • Initiate campaign proposals and develop marketing materials for campaign launches.

Requirements:

  • At least 5 years of experience in the insurance/takaful industry with product development/marketing and/or pricing experience.
  • Well-versed with Bank Negara and industry guidelines for product development and marketing.
  • Excellent interpersonal skills, including communication, influential, team player, organized, and attention to detail.
  • Bachelor's Degree in Actuarial Science, Marketing, Statistics, or related field.

Key skills: product development, marketing, pricing, risk management, campaign management, communication, team management, project management.



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