Assistant Vice President, Propositions & Portfolio Management Assistant Vice President, Propositions & Portfolio  …

Great Eastern Life Assurance Co Ltd
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 28 May 20
Competitive
Great Eastern Life Assurance Co Ltd
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 28 May 20
Competitive
You will be responsible to develop the product proposition and execute product development initiatives to support GELS' product strategies.

The Job

  • Conceptualisation (including idea generation, proposition and idea screening), plan and manage product development activities for identified customer segments, including engaging relevant stakeholders in upstream discussions, seeking approval from relevant forums and ensuring timelines are met
  • Performs customer research and competitive analysis
  • Work closely with Actuarial and Product Implementation and communicate product requirements for pricing and system implementation effort
  • Implement product and pricing strategy, trigger product risk assessment and prepare product approval documentation and business casing
  • Prepare and obtain sign-off for Product Write-Up, Policy Contract, Product Summary and other management or administrative reports, where applicable
  • Coordinate and obtain sign-off for Product Business Case from relevant Functional Heads, and submit for approval
  • Ensure adherence to regulatory requirements, industry standards relating to product development and company-wide policies
  • Work with both the agency and bancassurance channels to achieve channel’s KPIs
  • Product portfolio management
  • Take accountability in considering business and regulatory compliance risks and take appropriate steps to mitigate the risks
  • Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company
  • Highlight any potential concerns /risks and proactively shares best risk management practices

 

Our Requirements

  • Tertiary education qualification in Actuarial, Insurance, Finance or Marketing related disciplines
  • 8-10 years of relevant experience, ideally in product development, marketing or actuarial pricing
  • Possess strong traits of analytical-minded, good understanding of financial and insurance concepts and have good quantitative abilities
  • Excellent planning, organizational, influencing and interpersonal skills
  • Excellent written and verbal communication skills and presentation skills
  • High level of integrity, take accountability of work and good attitude over teamwork
  • Take initiative to improve current state of things and adaptable to embrace new changes

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

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