Chief Product Strategist Hong Kong and Macau

2 weeks ago

Hong Kong, Central and Western District, Hong Kong SAR China Manulife Financial Full time
Job Overview
Manulife Financial Corporation is a leading international financial services provider. We are seeking a Chief Product Officer to lead our product strategy and development process in Hong Kong and Macau. This is a senior leadership role with a significant impact on the financial performance of Manulife Hong Kong through primary accountability for product strategy, product development, and pricing.

About the Role
This position assumes responsibility for the entire product strategy and development process, including propositions, pricing, and marketing actuarial. The Chief Product Officer will be accountable for all dimensions of the product solution offerings, including sales, profitability, risk management, business planning, and strategic planning. One key job dimension is to address the regulatory requirements in an increasingly regulated and demanding environment.

Key Responsibilities
- Lead, manage, train, and develop a team of direct reports and staff toward the achievement of the mandates of this function.
- Plan for succession and contingency, and actively develop our managers and staff to their next level of career progression.
- Manage sales targets, New Business Value (NBV), market share position, product mix, as well as profitability and risk profile.
- Own the annual new business plan, and form product roadmap and business strategy.
- Maintain high staff engagement levels.
- Leverage soft-skills, know-how, and experiences from other markets that are suitable and adaptable for Hong Kong & Macau.
- Engage other functional teams within and outside of Products to secure sufficient resources, including IT resource support, and solicit commitment and delivery of our product roadmap and strategy on schedule.
- Ensure our products are appropriately priced and our initiatives are financially viable with risks well managed while delivering innovative and customer-centric solutions to meet consumers' and distributions' needs.

Requirements
- Bachelor degree holder and fellow actuarial qualification is preferred.
- At least 15 years of working experience in the insurance industry.
- Proven people leadership skills.
- Experience with product development, marketing, and pricing is preferred.
- Familiar with various life, health, and investment insurance products available in the market.
- Exceptional understanding of business financials and actuarial standards.
- Strong business acumen, influential, and able to lead through changes.
- Able to maintain good relationships with other functional heads, reinsurers, business partners, and distribution heads.
- Good written, presentation communication, and senior stakeholder management skills, with the ability to navigate and influence different departments to drive the right outcome for the organization.

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