Product Development Manager

3 days ago


Hong Kong, Central and Western District, Hong Kong SAR China Liberty Mutual Insurance Full time
About Us:
Liberty Mutual Insurance is a global leader in property and casualty insurance, offering a range of products and services to individuals, businesses, and organizations. Our mission is to help people live secure and confident lives by providing innovative solutions to manage risk and protect assets.

The Role:
We are seeking a highly skilled AVP, Product-Accident to lead our underwriting team and establish health underwriting and pricing guidelines for Hong Kong including Group Life and Medical, Personal Accident and Group Travel products. As a key member of our team, you will be responsible for driving quotation workflow efficiency and ensuring the Underwriting discipline and escalation of UW decisions. You will provide UW and Pricing support to Liberty partners on IPMI products for both Individual and Group businesses. Additionally, you will contribute to the implementation of underwriting strategies and solutions such as pricing, product development, underwriting tools and processes for a portfolio or product line.

Key Accountabilities:
  • Develop and implement underwriting policies and procedures to ensure compliance with regulatory requirements.
  • Collaborate with cross-functional teams to develop and maintain underwriting systems and processes.
  • Provide training and guidance to underwriting staff on new products, policies, and procedures.
  • Analyze and interpret data to identify trends and opportunities for improvement.

Requirements:
  • Bachelor's degree in Actuarial Science, Mathematics, Economic or related disciplines.
  • Minimum of 8-year experience in product & pricing development or underwriting in insurance industry, focusing on product management in Life & Medical, PA and Travel products.
  • Proven track record and solid experience in underwriting, risk management and portfolio management for Group and Individual business for both Local and IPMI A&H products.
  • Exposure to in regional underwriting and pricing management will be an added advantage.
  • Able to collaborate with stakeholders to drive positive business outcomes.
  • Exceptional planning, analytical, decision-making and communication skills.
  • Excellent command of both written and spoken English.

Seniority level: Director
Employment type: Full-time
Job function: Strategy/Planning, Other, and Management
Industries: Insurance

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