SVP / VP, Regional Bancassurance Product Management Specialist, Consumer Banking Group
- Singapore
- Permanent
- Full-time
- Take a lead role in the annual product planning to create product strategies and roadmaps with respective markets that support growth ambition. Influence partners on product design to be more bancassurance friendly.
- Advise/optimize Market’s product shelves with data, build pricing models to ensure products are competitive in pricing and compensation for customers and bank.
- Leveraging industry network, provide insights on competitive market, product and distribution
- Use data-driven operating model (DDOM) to prepare product analysis on product mix, profitability for Regional Banca partners’ meeting
- Oversee the end to end product development process from ideation to launch.
- Review product submission and ensure products, processes and its collaterals are in compliance with DBS guidelines.
- Develop robust processes and standards on Product governance
- Design and implement Best Practice Product Development approaches across the region
- Implement robust project management processes across the region to ensure partners are delivering on their commitments
- Liaise with insurance providers for products and competitiveness
- Prepare monthly product updates & challenges escalation to senior stakeholders.
- Work with Reinsurers directly to negotiate product UW and design when necessary
- Regionally driven Product Solutions
- Product deep dives
- Innovation workshops – embedding innovation into product outcomes
- Banca Product Academy – train product teams in Markets
- Bachelor’s degree or higher with a minimum of 8 years' experience in Insurance and/or experience in Insurance product manufacturing, pricing, product profitability, competitive analysis. Actuarial background will be highly valued
- Strong industry knowledge and excellent bancassurance network;
- Familiarity with the regulatory landscape and compliance requirements in the financial services industry
- Strong communication and stakeholder management skills, with the ability to effectively present and influence at all levels of the organization
- Excellent project management skills
- Highly organized and detail-oriented, with the ability to manage multiple priorities and deadlines