Director, Client Propositions
7 days ago
You desire impactful work.
You’reRGA ready
RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among itsWorld’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life
- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
**Position Overview**:
SEA Business Development team explores new opportunities and develops new solutions/products to create stronger RGA propositions and better value for our clients in Southeast Asia (SEA). As a core member of the team, this role works closely with the Regional Product Hub in Hong Kong and other RGA SEA frontline functions such as Business Development, Underwriting and Pricing teams.
**Responsibilities**:
- Collaborate with the Product Hub, be the contact person knowledgeable about RGA product library and product development successes in other parts of RGA.
- Identify product concepts from the Product Hub to be adopted for development in SEA
- Conduct market research and market landscape analysis for SEA markets to share amongst BDPD community and provide recommendations on development of new products for SEA
- Own the product development rollout plan for SEA. Complement the SEA business development plan by leveraging PD as a core service to RGA clients
- Ensure all product development procedures, including preparation of product memo, comply with RGA’s internal standards, guidelines and country mandates
- Work closely and collaborate with Product Hub to ensure effective handover& documentation of pricing assumptions for local customization, pricing and underwriting guidelines review
- Engage potential clients to share on product proof of concept, with complete product proposition including marketing angle, channel consideration, price-point selection, business size estimation etc
- Drive start-to-end product development process with RGA clients to work through product ideation, feature design, pricing, underwriting guidelines, T formulation, product filing, market positioning and train-the-trainer etc
- Support business development in building and maintain strong relationships with counterparts of our client companies
- Participate in discussions with wider BDPD communities, attending product workshops, preparing materials, and attending client meetings when required
**Requirements**:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance or related disciplines
- Actuarial background preferred
- 8+ years’ experience in a life insurance, insurance consulting or reinsurance company with experience in product development, product marketing or pricing
- Highly motivated, results-oriented and solutions-focused; able to work effectively under pressure
- Strong interpersonal skills with the ability to negotiate and influence others
- Strong client services ability with excellent communication skills (both written and verbal); proficiency in another Southeast Asian language is strongly preferred
- Advanced user in Microsoft Office Excel and PowerPoint
- Innovative, proactive, open-minded and improvement oriented
- Excellent project management skills and ability to partner with internal& external stakeholders in a collaborative manner
- Strong critical and innovative thinking, with the ability to develop product proposition, resolve complex problems and deliver solutions
- Ability to travel 20%
LI - KW1
**What you can expect from RGA**:
- Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
- Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Join the bright and creative minds of RGA, and experience vast, endless career potential.
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