Job title:Head of Product Development & ManagementCompany:Job description:Prudential's purpose is to be partners for every life and protectors for every future.
Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners.
We provide a platform for our people to do their best work and make an impact on the business, and we support our people's career ambitions.
We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
The incumbent is primarily responsible for leading and supporting the development of products that support the Company's product delivery strategy.PRINCIPAL DUTIES & RESPONSIBILITIES:Develop and deliver products as per the Product Development Process defined by PSC (Product Steering Committee) and in accordance with the schedules set in the product calendar.
This includes all stages within the process ranging from insights into consumers/distributors/competitors, product ideas generation, feasibility evaluation, and conversion of idea into product design.
Ensure competitiveness in product pricing, product launch, post-launch review/monitoring, and recommendations for potential enhancements.
Provide ongoing product support to agency distribution and partnership distribution in all matters related to products.
Own, drive, and optimize on-shelf product portfolio management via packaging, initiatives, campaigns, and marketing plans to attain business KPIs and align with corporate strategy.
Staff training and development for subordinates.JOB SPECIFICATION:
Qualifications:
Degree in Actuarial Science is preferable.Experience:
At least 10 to 12 years of working experience in the insurance industry, preferably in the areas of product development, product management, actuarial, and product marketing.
Insurance industry experience is a must to understand the market and to find innovative solutions.
Must be able to communicate with all the various stakeholders of the company to champion the new and existing products.Knowledge:
Insurance product knowledge, with good fundamentals of the various product structures/platforms and well-versed with the product development process.
Actuarial (not necessary but is an added advantage).
LOMA (not necessary but is an added advantage).Expected salary:
Location:Kuala Lumpur
Job posting date:Sat, 12 Oct 2024 22:52:58 GMTApply for the job now!
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