Product Lead Specialist with extensive experience of the cross border life insurance market to take up a new role for a global wealth management company on the island. You will be responsible for contributing to regional product strategies, ensuring products satisfy the needs of clients, regulation and growth ambitions.
You will be responsible for assisting with the creation of the group product governance regime and then ongoing adherence to that regime.
The role will include the completion of product reviews (in line with internal governance procedures and regulatory requirements).
The role will include investigative work (e.g. exploring the needs of new potential target markets, creating business cases etc.) and working collaboratively with colleagues in technical, marketing and distribution functions.
You will be responsible for providing the required assistance for the design, launch and maintenance of products/product functionality/tools, working with colleagues in Pricing, Illustrations, Distribution, Technical, SD&IT and Marketing.
The scope of role will include the drafting of product specifications, product approval documents and business readiness plans.
It is paramount that you maintain excellent working relationships with your colleagues in Product, Operations, SD&IT, Distribution, Marketing, Technical and Compliance.
As a member of the Product team you will be responsible for carrying out product-related tasks required to support the needs of colleagues in Distribution, Marketing, Compliance, Finance etc. (e.g. assistance with the use and understanding products and Wealth Interactive tools)
Skills & Experience:
Proficient in the design and development of insurance-based products in the cross-border life market (e.g. portfolio bonds).
Extensive knowledge of cross border life insurance market, including the competitive landscape, key distribution channels and the needs of distributors.
Must have a good understanding of the financial planning needs of expats and locals and how products/product applications may meet those needs.
Hours & Benefits:
Comprehensive benefits and competitive salary.