Job Title

Assistant Vice President, Banca Propositions and Portfolio Management

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Job Description

THE GREAT EASTERN LIFE ASSURANCE COMPANY LIMITED

Assistant Vice President, Banca Propositions and Portfolio Management

Roles & Responsibilities

Job Purpose

You will be responsible to develop the product proposition and execute product development initiatives to support GELS’ Bancassurance 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
  • Perform 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 Group Product Management and Approval Committee’s (GPMAC) approval
  • Ensure adherence to regulatory requirements, industry standards relating to product development and company-wide policies
  • Product portfolio management to achieve budget and business KPIs

Requirements

Our Requirements

  • Tertiary education qualification in Actuarial, Insurance, Finance or Marketing related disciplines
  • 5-10 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, organisational, influencing and interpersonal skills
  • Excellent written and verbal communication skills and presentation skills

FOR MORE DETAILS PLEASE CONTACT candidates@seekasia.com.sg

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