Life Product Head

Industry Category	Sciences	Position	Actuarial / Statistics
Recruitment Department		Number Of Recruits	several
Work Location	All Cities	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-10-10	Valid Until	Long-term validity

Purpose of the JobLead a team of product managers in the design and implementation of new life and medical products, as well as management and enhancement of existing products to optimize sustainable growth and profitability of the company.Key AccountabilitiesManages product development projects that involve new products, product revamps and quick wins in line with AXA’s product approval gating process.Collaborates with the various teams in the organization, including Actuarial, Operations, Transformation and Technology, Risk Management, and regional counterparts in the implementation of new and revamp products.Establishes best practices and tools for product development, pricing process, and performance monitoring.Manages the company’s product portfolio to help ensure that new business sales and profit margin targets are met, including other relevant indicators such as persistency and customer value.Supports the customer segment teams in the creation of marketing and training materials and sales journey to make sure that all product details are accurate, well understood by the distribution channel and customers, and communication is apt for the target market.Provides analysis on market trend and competitors’ move on products to assist the product committee on decisions regarding product development strategyOversees the development of product contracts and other regulatory submissions and liaises with Insurance Commission for regulatory approval of the new products and enhancements.Experience and QualificationsBachelor’s Degree holder in Actuarial Science/ Mathematics/ Business Studies / Marketing Management/ Business Administration / EconomicsMinimum requirement:  at least Associate Level (Actuarial)At least 7 years related work experience in life insurance product development or pricing and preferably at least 5 years related work experience in a manager capacityIn-depth knowledge & experience in marketing management, product management, project management and/or actuarial-related functions from a life insurance companyHighly analytical and proficiency in math an advantageExcellent leadership skillsExcellent communication and presentation skillsExcellent organizational and time management skillsAnalytical and strategic thinking abilities

AXA Philippines is a joint venture between the Paris-based AXA Group and Metrobank Group, one of the Philippines’ largest financial conglomerates. We are one of the largest and fastest growing insurance companies in the country, offering financial security to more than 1.5 million individuals.We offer a complete range of life insurance and general insurance products for all our customers’ insurance and protection needs. Life insurance products include solutions for savings and investments, income protection, and health coverage; general insurance products include protection for fire, car, personal accident, bonds, casualty, and engineering.We have more than 3,000 financial advisors in 32 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide.Our noble purpose is to empower people to live a better life by fueling their self-belief. We leverage on our global financial expertise, strengthened by our local partnership with Metrobank, to provide the right solutions to help our customers live the life they choose.