• Competitive
  • Singapore
  • Permanent, Full time
  • Citibank NA
  • 25 Sep 17

GCG - VP Product , Regional Insurance

GCG - VP Product , Regional Insurance

  • Primary Location: Singapore,Singapore,Singapore
  • Education: Bachelor's Degree
  • Job Function: Product Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 17049282


Description

Product Development and Management:
  • Review of product design and product development in countries early in the process to influence the final design, ensuring customer suitability and fairness requirements are considered.
  • Support the development and management of relevant insurance value propositions that have clearly expressed benefits, are scalable across markets, simple, intuitive and compelling for Customers/segments/Channels
  • Develop and expand insurance solutions including sharing/implementing global/regional best practices
  • Related market, channel and consumer research where applicable
Product reviews:
  • Work closely with countries product teams and product approval committee on product design and submissions for approval committee
  • Review product documentation and submission from countries product teams, giving feedback and conducting preparatory work to ensure product passes for consideration
  • Ensure products offer good value proposition for customers and are aligned with  policies and standards
  • Manage and organize product pipeline for approval meetings
  • Coordinate with product team and stakeholders on product approval/management and any enhancements/upgrades to meet Customer needs or policy requirements
  • Technical support to countries in managing products
  • Analysis of product reviews
  • Drive initiatives to streamline and improve efficiency of the approval process, aligned with internal policy requirements
Provider reviews:
  • Work closely with countries and key stakeholders in ensuring periodic review of providers across Asia and EMEA market are aligned with policy requirements and completed in a timely manner.
  • Coordinate with product team and stakeholders in on-boarding new insurance providers
  • Drive initiatives to streamline and improve efficiency of the process leveraging on best practices.
Project Support:
  • Support key strategic and operational projects across the insurance business
  • Provide subject matter expertise across product, channel and customer initiatives in Asia and EMEA countries


Qualifications

The ideal Candidate will meet the following requirements:
  • 10+ years of relevant industry experience preferably with background in bancassurance.
  • In-depth knowledge of insurance products and sales processes across life, investments and non-life
  • Strong end-to-end product development and project management skills preferably with experience in product approval process, with demonstrated ability to influence stake holders across functions and countries.
  • Experience with bancassurance implementations (and wealth management) and supporting processes (sales, technology, service etc.) preferred
  • Highly organized and commercially savvy
  • Strong communications (verbal, written, PPT) and relationship management skills
  • Strong analytic ability; Actuarial background preferred