Job Title : Product Management Officer (Insurance Products)
Work Arrangement : On-site
Schedule : Mondays to Fridays, 8AM to 5PM (subject for extensions depends on the urgency of the request and / or deadlines)
Location : Madrigal Business Park, Alabang, Muntinlupa
Employment Type : Full-time
Salary : Php 50,000 – Php 60,000
About the Role :
The Product Management Officer (Insurance Products) is responsible for leading the development, implementation, and enhancement of general insurance products. The role supports the Product Manager in creating product propositions for digital channels and partnerships while ensuring compliance, relevance, and performance of all products under management.
Key Responsibilities :
- Leads the development and implementation of new general insurance products and required enhancements of the existing products.
- Assists the Product Manager in creating product propositions for digital and partnerships, and various distribution channels.
- Assists in the identification of current and new market trends and opportunities; conducts market scans to usher in business growth.
- Prepares product performance and monitoring reports on a regular basis.
- Ensures overall product compliance with internal and external policies and regulations.
- Ensures the relevance of insurance products relative to competition, market trends, and customer feedback.
- Oversees communication with internal units such as IT, Finance, Operations, and Marketing regarding updates or changes to the products.
Qualifications :
Bachelor’s Degree or above in any discipline, preferably in Business Administration, Mathematics, or Integrated Marketing Communications.At least 5 years of insurance product development experience in a life or non-life insurance firm.Extensive understanding of local regulatory requirements on general insurance products, preferably with experience in product submissions and filing with the Insurance Commission.Keen interest in InsurTech and digital insurance.Strong analytical and problem-solving skills with the ability to work independently.Effective written, verbal communication, and interpersonal skills.Candidates with attached CV and relevant experience will be considered for a phone interview.