Product Development Senior Manager

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.

Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.

AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.

AXA now offers a complete range of products for all its customers' insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation\: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.

AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.

AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines.

The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.

A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks.

• 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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