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Vice President, Product, Life Product Development - HSBC Life

Singapore, Singapore
Closing date
Mar 24, 2023

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialise in Insurance but enjoy the advantages that come with being part of a leading global international bank.

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Vice President, Product, Life Product Development.

Principal Responsibilities
  • Support product creation/development by:
    • Researching customer segments and demands
    • Producing good quality product market intel/comparison
    • Gathering feedback through marketing surveys, regular focus group with partners/agency group, internal stakeholders and reinsurers
    • Ensuring the product design comply with the MAS, LIA as well as the HSBC Life internal requirements
  • Support product launch by:
    • Doing documentation of Product Specs and working with various departments to submit system requirements
    • Preparing point-of-sales documents and ensuring they comply with regulatory requirements
    • Collaborating with the project management team to agree on product development and launch timelines
    • Collaborating with marketing, digital and training teams to create marketing collaterals, training slides and other sales support tools
    • Supporting in product related campaign in collaboration with the marketing and distribution teams
    • Preparing product approval document for local as well as group office in a timely manner
    • Performing UAT for the relevant systems to support the product launch
    • Performing product post-launch review (including sales performance, feedback from the ground etc) which aligned with the HSBC standard guideline/requirements
    • Provide sales support and handle enquiries from distribution channels or internal stakeholders in matters related to products
  • 8 years of relevant product development experience in life insurance industry preferably with degree in Actuarial Science (In depth knowledge of Singapore life insurance market and products is a plus too)
  • Strong product development background and good knowledge of the Retails and HNW product landscape in Singapore
  • Strong business acumen and communication skill, with proven ability to influence and work with people from different business functions
  • Strong analytical and problem solving skills
  • A positive, enthusiastic, committed and 'can do' attitude team player
To be considered for this role, the relevant rights to work in Singapore is required.

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

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