Product Strategy Lead - Life Insurance

About the role

Reporting to the Product Management Head, the Product Strategy Lead manages the commercial and strategic vertical of PLUK's Product Management unit in Metro Manila. The role covers product strategy, roadmap, governance, development, intelligence and post-launch follow-up.

Key responsibilities

• Support the Product Management Head in developing product strategy and roadmap with data-driven recommendations, and oversee the Product Steering Committee (PSC) meetings, agenda, presentation and minutes.
• Develop and oversee the RACI document and other governance documents for product design and commercial launch, and assist in preparing business performance reports.
• Prepare the product inventory for annual submission to the Insurance Commission.
• Create product designs and propositions, present them to the PSC for approval, and secure approval of name, design, metrics and launch date.
• Spearhead product kick-offs with internal stakeholders (marketing, training, sales), create sales illustrations and commercial requirements, and oversee marketing, training and sales materials.
• Run go/no-go checkpoints, manage the launch checklist, monitor launch announcements, and run post-launch lessons learned sessions with agency and stakeholder feedback.
• Conduct an annual product review, update competitors and market information for the PSC, and release competitor advisories to sales and other stakeholders.
• Manage the internal product log file, hold distribution or client focus groups, and support sales with product presentations and propositions training.

Required profile

• At least 10 years of experience in life insurance product management or equivalent.
• At least 5 years of experience as a people manager.
• Graduate of Mathematics/Actuarial Science, Finance, Business or equivalent from a reputable university.
• Knowledge of life insurance products and regulations.
• Experience managing projects end to end and collaborating with cross-functional units in a life insurance company.
• FLMI designation preferred.

Required skills

• Product proposition and business narrative skills.
• Competitor research and strong presentation skills.
• Ability to manage clients and distributors.