Insurance Product Manager

3 days ago

Quezon City, National Capital Region, Philippines UnionBank Financial Services and Insurance Brokerage Inc. (UFSI) Full time ₱900,000 - ₱1,200,000 per year

Job Description

The lead person that will handle the end-to-end product life cycle for insurance products within the brokerage. The product manager together with the sales teams is also responsible for the attainment of insurance revenue goals from both new accounts and renewals. Other tasks include:

  • Ensures the approval of new insurance products by –
  • Preparing the documentation together with the provider/s for new products to be onboarded in UFSI
  • Submitting documentation to relevant approving bodies within UB Wealth / UFSI, or regulatory agencies as may be applicable
  • Presents and articulates to these approving bodies the business opportunity of the new product
  • For new and existing products, the product manager must identify and manage the following:
  • Product roadmap, i.e. when the product should be enhanced or retired
  • Distribution, i.e. how the product will reach new and existing customers
  • Marketing materials development together with the product provider and relevant internal stakeholders like Marketing, Legal, and Compliance
  • Together with the team, develop campaigns to
  • Establish a customer pipeline prior to the launch of a new product
  • Generate new business opportunities and propositions for existing products
  • Pursues opportunities for cross selling and general insurance products within the UnionBank group ecosystem like Wealth client base, credit cards, and other potential segments
  • Conduct regular cadence meetings with the product provider/s to align on new products, initiatives, and strategies to grow the insurance business
  • Keep abreast of developments in the insurance industry as well as changing regulatory landscape
  • Partner with the product provider to conduct regular trainings, roadshows, and other activities to drive seller engagement to general insurance products
  • The product manager together with the Insurance Product Head will be responsible in identifying and onboarding potential new insurance product providers
  • Provides support for the following instances:
  • Monitoring and providing of evidence related to Risk and Control self-assessment / RCSA
  • Peer reviewer for team members' customer campaigns, reports, and other submissions
  • On an ongoing basis, reviews and updates the product program to ensure its applicability and alignment with relevant regulatory developments and business requirements
  • Strategize with the Insurance Product Head on growing revenues to leapfrog growth of UFSI's insurance business
  • Ensures adherence with other business control, compliance and other relevant governance responsibilities in relation to insurance product management

Qualifications

  • Graduate of Business Course – Management, Finance, Marketing and/or related disciplines
  • Must have at least 5 years of General Insurance product and distribution knowledge and experience

  • Insurance Consultant

    2 weeks ago

    Quezon City, National Capital Region, Philippines Uni-Vanguard Insurance Agency Inc. Full time ₱800,000 - ₱1,200,000 per year

    GENERAL RESPONSIBILITIES:The Insurance Consultant for Other Lines is responsible for promoting, selling, and managing various non-life and specialty insurance products. He/she must possess in-depth knowledge of multiple insurance lines including bonds, marine insurance, fire and property insurance, CTPL, CARI, inland marine, pet insurance, personal accident,...

  • Technical Product Owner – Core Insurance Systems

    3 days ago

    Makati City, National Capital Region, Philippines Paramount Life & General Insurance Corp. Full time ₱1,200,000 - ₱2,400,000 per year

    Product Owner, you will be accountable for maximizing the value of our health and travel insurance systems by defining what the development team should build and in what order. Acting as the bridge between business units, customers, and the technical team, you'll ensure that every technology initiative directly enhances our policy management, claims, and...

  • Motorcycle Insurance Sales

    3 days ago

    Makati City, National Capital Region, Philippines Pioneer Your Insurance Full time ₱1,200,000 - ₱3,600,000 per year

    Job PurposeTo identify, pursue, and develop potential markets, partners, and channels of distribution for Motorcycle Retail products. Roles and Responsibilities BUSINESS DEVELOPMENT:Grows and develops assigned Motorcycle accounts and/or programs. Meets the annual sales target of assigned Motorcycle accounts and/or programs (in terms of sales amount and...

  • WFH Insurance Agent

    3 days ago

    Quezon City, National Capital Region, Philippines Michael Oliver De Asis Insurance Services Inc. Full time ₱360,000 - ₱600,000 per year

    Join Our Growing Team of Financial Advisors at Pru Life UKAre you looking for a meaningful and rewarding career in the financial services industry? As a Financial Advisor with Pru Life UK, you will have the opportunity to guide clients toward financial security by helping them plan, protect, and achieve their long-term goals.This role offers not only strong...

  • Insurance Distribution Supervisor

    4 days ago

    Makati City, National Capital Region, Philippines PACIFIC CROSS INSURANCE, INC. Full time ₱900,000 - ₱1,200,000 per year

    Join us in driving our mission as a top-tier travel insurance provider while building your leadership career.Role:Lead a High-Performing Team – Recruit, mentor, and guide a staff of four who manage Travel Agencies and Agents, fostering collaboration, performance, and growth.Develop Strategic Partnerships – Build and strengthen relationships with key...

  • Group Insurance Specialist

    1 day ago

    Makati City, National Capital Region, Philippines First Life Insurance Full time ₱40,000 - ₱60,000 per year

    Company DescriptionAt First Life Insurance, we make choosing a life insurance partner as straightforward and transparent as possible. Think of us as your reliable guide, here to walk you through every step with clarity and care. We're here to help you feel confident and secure in your decisions, without ever feeling overwhelmed or pressured.Role...

  • Product Manager

    1 week ago

    Quezon City, National Capital Region, Philippines Grepcor Diamonde Inc Full time ₱900,000 - ₱1,200,000 per year

    The Product Manager is responsible for driving the company's sales growth and profitability. He/She will develop and execute timely marketing strategies, design impactful sales tools, and facilitate product trainings. The role also entails implementing pricing strategies to maximize profit, managing sales funnels, delivering persuasive product presentations,...

  • insurance partner

    2 weeks ago

    Quezon City, National Capital Region, Philippines Allianz PNB Life Full time ₱900,000 - ₱1,200,000 per year

    Company DescriptionAllianz PNB Life (AZPNB) began operations in 2016 and is one of the major life insurers in the Philippines. We are a leading provider of Variable Life products and offer a full range of life protection products for individuals and institutions. Headquartered in Makati City, we operate 11 other business centers nationwide and have an...

  • Product Manager

    1 week ago

    Quezon City, National Capital Region, Philippines Conjug8 Corp Full time ₱1,200,000 - ₱3,600,000 per year

    JOB SUMMARYThe Product Manager is responsible for overseeing product development, strategy, and market positioning to drive business growth. This role involves conducting market research, analyzing industry trends, and identifying customer needs to develop competitive and innovative products. The Product Manager collaborates with cross-functional teams,...

  • Product Manager

    6 days ago

    Quezon City, National Capital Region, Philippines MEC NETWORKS CORPORATION Full time ₱1,500,000 - ₱2,500,000 per year

    About the Role:We are seeking an experienced and dynamic Product Sales Manager that will be responsible for driving the sales strategy, managing relationships with key clients, ensuring the achievement of sales targets, and fostering business growth. As a key player in the IT distribution field, this role requires exceptional communication and...