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Head of Product (Life Insurance)

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An exciting opportunity has arisen for a seasoned professional to take on the role of Head of Product (Life Insurance).

Head of Product (Life Insurance)

Salary: Competitive and based on experience

Location: Jakarta

Keywords: Product Development, Managerial Experience, Market Analysis, Stakeholder Collaboration

An exciting opportunity has arisen for a seasoned professional to take on the role of Head of Product. This role is perfect for someone who thrives in a dynamic environment and has a knack for identifying key customer needs and potential client bases. The successful candidate will be responsible for conceiving and developing products, working closely with various teams to ensure high Unique Value Proposition. With a focus on both Agency and Bancassurance product development, this role offers the chance to make a significant impact within a leading organisation.

  • Lead the conception and development of innovative products
  • Work closely with various teams to identify key customer needs and potential client bases
  • Focus on both Agency and Bancassurance product development

What you'll do:

As the Head of Product (Life Insurance), you will play a pivotal role in shaping the future direction of our product offerings. You will be responsible for running regular product governance meetings, conducting forum group discussions with stakeholders, and developing products that meet key customer needs. Your ability to develop product benchmarking and specifications will be crucial in communicating strategies to stakeholders. You will also work closely with actuarial teams to build competitive pricing models. Your leadership skills will shine as you coordinate, monitor, and lead product development and implementation plans.

  • Run regular Product Governance through Framework of Product Strategy, Product Planning, Product Working Group and Product & Marketing Committee
  • Conduct regular Forum Group Discussions with related Stakeholders to receive product feedback and strategy
  • Develop products by collaborating with distribution channels, business development team, and marketing team
  • Develop Product Benchmarking and Product Specification, communicating these to related stakeholders
  • Manage, coordinate, and monitor the review of policy requirements and documentations
  • Work closely with Actuarial to build competitive pricing and regulatory permit submission
  • Coordinate, Monitor and Lead the Product Development and Implementation according to plan
  • Monitor product performance and profitability, providing recommendations for management regarding the product’s continuity

What you bring:

The ideal candidate for the Head of Product role will bring a wealth of experience in product development and management, particularly within the industry. You will have a proven track record in managing product development from planning to execution, with a focus on both Agency and Bancassurance distribution models. Your ability to perform market analysis and interpret data will be key in driving product development decisions. Furthermore, your excellent communication and presentation skills will enable you to effectively convey product strategies and benefits to stakeholders and sales teams.

  • Minimum S1 bachelor’s degree or equivalent qualification
  • 12 – 15 years’ experience in Product Development / Product Management area with minimum 5 years’ experience in managerial level
  • Substantial experience in top-tier companies in the industry focusing on both Agency and Bancassurance product development
  • Expertise in product development and Agency/Bancassurance distribution model
  • Superior ability to perform market analysis and interpret data to drive product development decisions
  • Track Record in managing product development from planning to execution
  • Ability to form strong relationships and collaborate with both internal and external stakeholders
  • Excellent communication and presentation skills

What sets this company apart:

Our client is a leading player in the sector, known for its innovative approach to product development. They offer a dynamic work environment where collaboration and creativity are encouraged. The company prides itself on its commitment to employee growth and development, offering numerous opportunities for career progression. This is an exciting opportunity to join a forward-thinking organisation that values its employees and strives to make a positive impact in the lives of its customers.

What's next:

Ready to take the next step in your career? Don't miss out on this exciting opportunity!

Apply today by clicking on the link!

Due to the high volume of applications we are experiencing, our team will only be in touch with you if your application is shortlisted.

Contract Type: FULL_TIME

Specialism: Banking & Financial Services

Focus: Insurance

Industry: Insurance

Salary: Negotiable

Workplace Type: Hybrid

Experience Level: Senior Management

Location: Jakarta

Job Reference: G9GQ6Y-017B150F

Date posted: 06 June 2024

Consultant: Rini Kusumawardhani

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