Product Development Assistant Manager

5-7 Years

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Early Applicant

Job Description

Job Description

Perform Consumer lines product filing – Accidental and Health products and IPL products.
Collaborate with PD and related team to prepare policy provision ensuring compliance with all regulatory requirements for product filing.
Collaborate with Actuarial and UW team to prepare the insurance premium rate book for filing and get approval from OIC..
Present the product to the Product governance committee for internal approval.
Assist in the Product governance committee process and coordinate with all stakeholders.
Submit to the OIC for an approval policy provision, premium rate or any documents related to the company's products.
Support related department for new products and existing products as needed
Perform other assignment and ad hoc tasks assigned by immediate manager in order to meet business requirement
Collaborate with internal & external stakeholders on product approval and implementation,

Qualifications

Bachelor's degree or higher in Actuarial, Insurance, Statistics, Mathematics, or related field .
At least 5 years of experience in product development and product regulatory filing in insurance business.
Good command of written and spoken English.
Strong understanding in insurance product design including coverages and their dynamics with the pricing.
Experience in contacting and filing for product approval from the OIC is preferable.
Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
Attention to detail and strong analytical skills including mathematics and statistical concepts to review documents and ensure accuracy.
Good written and verbal communication skills, with the ability to effectively communicate across teams and with regulatory authorities.
Good planning and organizing skills.