Product Innovation and Development Lead

4 days ago


Hong Kong, Central and Western District, Hong Kong SAR China AIA Hong Kong and Macau Full time

We are seeking a Product Innovation and Development Lead to join our team at AIA Hong Kong and Macau. The successful candidate will be responsible for conceiving, developing, implementing, supporting, and enhancing life, health, and wellness insurance schemes and products.

Key Accountabilities:
  • Assist department head on the product design of general insurance (medical or non-medical products);
  • Develop and enhance full spectrum of product development of general insurance (medical or non-medical products) distributed via different channels including agency, direct, agents & brokers and bancassurance channels;
  • Monitor the product development, product implementation and product approval process and work closely with relevant divisions / departments, including but not limited to actuarial, operations, legal and compliance, distribution channels, marketing, finance and IT;
  • Prepare presentation deck, product specification, product approval documents, implementation schedule, policy provisions write-up, launch pack, pre/post-launch product evaluation and relevant risk assessment, guidelines and procedures throughout the product development stage;
  • Coordinate and monitor the delivery of product materials, training tools, product briefing prior the product launch;
  • Assist division / department head to prepare recommendations to management by closely reviewing and monitoring the performance and competitiveness of the existing, newly launched and revamped products on an ongoing basis;
  • Conduct market research and prepare competitive analysis on regular basis.
Competencies:
  • Solid product knowledge in general insurance products (medical or non-medical), especially on digital insurance products;
  • Strong communication / presentation / analytical / project management skills and the ability to build positive working relationships;
  • Familiar with sales, marketing, underwriting, claims processes in the insurance industry;
  • Self-motivated, organized, service oriented, good team player with strong sense of responsibility;
  • Experience in drafting policy provisions;
  • Proficiency in Microsoft Word / Excel / PowerPoint / Outlook.


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