Full Time Manager, Product Management (candidates with life insurance product development experience are highly encouraged to apply) Jobs, in Great Eastern Federal Territory - Maukerja

About the Job

To support the development of new products or enhancement of existing products that support Great Eastern Labuan product delivery strategy.

• To support the delivery of new product development or product modification initiatives from concept development to actual implementation and product launch.
• To be able to coordinate with internal departments to ensure all materials are ready for product launch.
• To lead and provide user requirements of the sales illustration systems.
• To perform market research on competitors’ products, market trend and to conduct competitive analysis.
• To provide user requirements and coordination of the roll-out of the sales illustration system.
• To coordinate and perform the User Acceptance Testing (UAT) for the sales illustration system and policy contract.
• To assist in the formulation of sales concepts/ideas and involvement in product launch.
• To work closely with Business Development Team and sales channels with regards to product enquiry and clarifications.
• To generate standard and ad-hoc reports, including application setup / approval and system related administration.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

We are looking for people with

• Tertiary qualification, preferably with Degree in Mathematics/ Statistics/ Actuarial Science/ Marketing/ Business Administration.
• Minimum 5 years of work experience in life insurance industry, preferably with experience in product development.
• Good interpersonal and people skills, communication skills (written, verbal, listening), time management skills and the ability to adapt to dynamic changes in the work environment.
• Team player with good people management skills and the ability to adapt to diverse people and situations, manage conflict, and proactively resolve issues.
• Strong analytical skills and creative problem solving skill.
• Strong technical knowledge in life insurance products and knowledge of life insurance operation processes.

How you succeed

• Champion and embody our Core Values in everyday tasks and interactions.
• Demonstrate high level of integrity and accountability.
• Take initiative to drive improvements and embrace change.
• Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
• Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.

Who we are

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

Entity: Great Eastern Life Malaysia

Employment Type: Permanent