Life-Insurance Product Director
Leading a life insurance product design team of 7
Can be based in HCMC or Hanoi
About Our Client
Our client is a prominent bank seeking to build their bancasurance practice to continue to dominate the market that they have not done before.
This is a the role that will be responsible for the following:
- Managing a team of 7 to deliver the projects to get involved with the life insurance product designs by incorporating the resources provided both internally and externally
- To be responsible for the strategy of design the products to ensure maximum market penetrations from the products that are selected/designed
- Negotiating and structuring the commission fee compensation to the sales force involved.
- Launching key products and working with both technology and all relevant departments in ensuring smooth launches
- Study market competition, finding niche products to stay ahead of competitions but finding or packaging unique selling points for each products
- Working with training team closely to ensure new products are properly communicated and educated to the representatives
- Identifying the gaps both in the market, and also how to run internal process more efficiently, for instance cross selling with other non life products clients.
- Getting involved with Business Development team to understand the challenges they face in pitching the products, taking those feedback to improve the new product designs
The Successful Applicant
Ideal candidate will be expected to have possess the following:
- At least 5 years of experience with Life Insurance industry(actuarial department, Product Marketing or Product Design)
- Completed Management Trainee program in Life insurance Companies or comprehensive understanding of how an insurance company is run across different department
- Had exposure with Business development team, may it be pitching on clients or training Business Development team in life insurance companies
- Had the experience of working with or designing life insurance products for both corporate and retail clients
- Has the basic understanding of the technology(UI/UX), interactions between the customers, customers behavioural patterns towards life insurance products in the Vietnam Market
What's on Offer
Successful candidate will be offered a competitive salary package and comprehensive corporate benefits