Manulife

Director/Sr Director- Proposition and Product Development, Individual Financial Product

Manulife
Full Time
Lead (more than 10 years)
Bachelor
English

Job Description

Director/Sr Director- Proposition and Product Development, Individual Financial Product

Location: HK-HongKong-HKHO-22/F., Tower A, Manulife Financial Centre, 223-231 Wai Yip Street, Kwun Tong, Kowloon

Result Areas
  • Lead the development and implementation of new product initiatives and product enhancements that align with our business directions, with focus on individual life insurance and saving products
  • Formulate compelling customer centric product value propositions
  • Conduct research and focus groups to identify customer needs and distribution preferences 
  • Conduct competitive analyses and provide insight 
  • Engage our multi-distribution channels (e.g. agency leaders, bank partners) during product development and implementation process to ensure their buy-in and smooth delivery; support their product due diligence where applicable
  • Lead the preparation and review process of customer-facing product materials, benefit illustrations and contracts
  • Ensure our distributors are well equipped with compelling product reference materials and training tools 
  • Spearhead assigned functions including market intelligence, regulatory and internal compliance, and third party management 
  • Keep abreast of market trends and Manulife’s competitiveness in the assigned product categories and provide timely updates and analyses to the Management 
  • Lead the formulation of product strategies and overall prioritization of product initiatives 
  • Motivate, lead, coach and develop team members and collaborate with other teams on joint initiatives

Qualifications

Experience & Qualifications
  • Degree holder, preferably in finance or related disciplines 
  • At least 10 years of experience in the life insurance field with at least 2 years of relevant product experience in product development
  • Familiar with various relevant products available in the market, in particular their development and implementation process 
Knowledge/Skills
  • Excellent knowledge in individual life insurance and saving products 
  • Understanding of financial concepts, investments and insurance pricing mechanism 
  • Innovative and strategic thinking 
  • Excellent written and verbal communication skills
  • Good project management and presentation skills 
  • Strong leadership and influencing skills
  • Ability to influence cross-functional teams without formal authority
About Manulife

Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2014, we had 28,000 employees, 58,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of June 2015, we had $883 billion (US$708 billion) in assets under management and administration, and in the previous 12 months we made more than $22 billion in benefits, interest and other payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.


Technical Skills

  • Asset Allocation
  • Compliance
  • Due Diligence
  • Financial Advising
  • Life Insurance
  • Product Development
  • Project Management
  • Training