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  • Job reference: RMS0226874

Product Development Manager

  • Sector: Commercial
  • Location: Thailand
  • Job type: Permanent
  • Date posted: 31/08/2020
  • Duration: permanent
This vacancy has now been filled.

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The Role:
Critical Tasks and Expected Contributions / Results:
- Cooperate with marketing requirements of marketing strategy, product strategy & plan, market research and portfolio management
- Implementation and review function as well as managing the product development process within the company to align with Regional/Home Office
- Understanding of the key value drivers of product profitability and analysis of experience will become valuable when communicating results with other areas of the organization
- Initiate new product ideas and manage the requirements to identify market need, market trend, customer needs, in order to create new product with value proposition by in discussion with Actuary and Operation team
- Cooperate with researcher to test the new product concepts, gauge satisfaction towards insurance packages and identify customers insight
- Support the validation of product concept testing and price sensitivity
- Support the gathering of market intelligence, tracking competitors' products, product movement in the market and providing analysis as request
- Identify product positioning and core product competitiveness
- Prepare detail & Run Product Approval process (local & RO approval).
- Create the Policy Wording & provide statistics of new product to support premium pricing to OIC.
- Review the Policy Wording for renew to OIC.
- Train new product to sales training team (train the trainer).
- Necessary reporting and documentation

Qualifications / Specific Requirements:
* Bachelor's Degree in business field
* 5-7 years' experience in Life, A&H Insurance Business or Marketing
* Professional knowledge: Insurance knowledge; product knowledge; an understanding of profit, value measures and drivers; policy contract terms & conditions, marketing
* Languages capability: Good command of English (both spoken and written)

About Fircroft:
Fircroft has been placing people in specialist technical industries for over 50 years, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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