Product Development Senior Manager

10 hours ago

Makati City, National Capital Region, Philippines AXA Philippines Full time ₱2,000,000 - ₱2,500,000 per year

The Product Development Senior Manager will lead strategic product development initiatives, oversee complex projects, and provide expert guidance to ensure the company's product portfolio remains competitive and compliant.

The Senior Manager plays a pivotal role in shaping and executing product strategies, engaging with regulatory authorities, and mentoring junior team members.

Key Responsibilities:

  • Drive the end-to-end development of innovative products and strategic enhancements aligned with corporate goals.
  • Manage regulatory submissions and approvals, ensuring compliance with industry standards and regulations.
  • Lead and influence cross-functional teams, including marketing, actuarial, and operations, to deliver seamless product launches and updates.
  • Mentor and develop junior team members, fostering a high-performance culture within the product development team.
  • Act as a strategic partner to senior management, offering insights on market trends, customer needs, and regulatory developments.
  • Oversee the resolution of complex product issues, system or operational concerns, and customer escalations.
  • Establish and maintain relationships with industry bodies, regulators, and other stakeholders to support product initiatives.
  • Collaborate closely with the Product Development Director and Chief Products and Propositions Officer in achieving operational excellence in developing and launching new products.
  • Work closely with Pricing and Product Category Heads in balancing customer-centricity and profitability of new product strategies.
  • Lead and oversee junior product development managers and officers.

Qualifications and Experience:

  • Bachelor's Degree or higher in Actuarial Science, Mathematics, Business Administration, Marketing, Communication, or related fields.
  • At least 7 years' experience in life insurance product development, pricing, or actuarial functions, with a proven track record of leading strategic projects.
  • Strong strategic thinking, leadership, and stakeholder management skills.
  • Excellent project management skills.
  • Excellent communication, negotiation, and presentation capabilities.
  • Deep understanding of insurance regulatory environments and product compliance.
  • Adapting a growth mindset, continuous improvement

Nice to Have:

  • PMP, Six Sigma, or related certifications on project management
  • Actuarial exams or VEE completion
  • LOMA exams or certifications
  • MBA or any business-related masters degree
  • Strong experience in technology implementation
  • Strong experience in insurance underwriting and claims processing

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