Product Development Manager

Intermediate (3-6 years)

Technical Skills

  • Business Plans
  • Compliance
  • Customer Service
  • Economics
  • Futures
  • Life Insurance
  • Market Research
  • Marketing
  • Product Development
  • Project Management
  • Risk Management

Job Description

Product Development Manager

Product Development Manager

Insurance - Life Insurance

Hang Seng Bank was one of Hong Kong's bancassurance pioneers. We have offered general insurance since 1965 and diversified into life insurance in 1995.

Hang Seng Bank Limited is an insurance agent authorized by regulated insurers, which provide wide range of general insurance services including fire, marine, accident, travel, home and motor protection. With our all-round enrolment channels, there is great potential for further growth.

Should you join our Insurance business, you will focus on maintaining close relationships with our corporate and individual customers, and providing them with premium service. You will also be expected to develop new insurance products and distribution channels to meet the changing needs of customers in a dynamic environment.

We are currently seeking a high caliber professional to join our department as Product Development Manager.

Principal responsibilities:
  • Oversee the product development process of life insurance business and recommending corresponding product strategies/business promotion to expand the Bank's market share of insurance business.
  • Formulate insurance product strategies and business plans with detailed product intelligence and market research for meeting business targets.
  • Monitor the post implementation review after new product launch so as to identify the gap for future product development.
  • Build strong relationship and understanding of our global insurance businesses and identify business opportunities.
  • Contribute to the development, implementation and oversight of policy and governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.
  • University degree in Actuarial Science, Economics, Finance or a related discipline, with professional qualifications such as FLMI/LOMA an advantage
  • Minimum of 5 years' relevant experience in the development of insurance products, preferably with exposure to the banking industry
  • Strong business acumen and marketing sense, with good communication, analytical and project management skills as well as sound knowledge of application software
  • Proficiency in both English and Chinese
  • Great sense of ownership and servicing mindset to ensure efficient and effective customer service processes
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Employment TypeFull-time
Career LevelIntermediate (3-6 years)
Education LevelBachelor
QualificationAssociate, Life Management Institute (ALMI), Fellow, Life Management Institute (FLMI)
LanguageEnglish, Cantonese
Hang Seng BankFinancial Services, Retail and Commercial Banking

83 Des Voeux Road Central

directions_walk10 mins walk from Central Station