Product Innovation and Strategy, Principal/Consultant (Senior Manager/Manager)

FIND YOUR 'BETTER' AT AIA We don't simply believe in being 'The Best'. We believe in better - because there's no limit to how far 'better' can take us. We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives. If you believe in better, we'd love to hear from you.

About the Role

Play a pivotal role in driving the strategic design and defining the product development strategy for new and existing insurance products, aligning with the company's vision, growth objectives, customer needs and channel priorities.

Roles and Responsibilities

• Product Strategy and Development: Contribute to define the product strategies and actively explore new product ideas for the relevant wealth product lines to support multi-channels distribution. Conduct market research, competitor analysis, customer insights and data analytics to identify innovation opportunities. Work with channels and other stakeholders to develop product roadmaps and innovation pipelines in order to meet the business goals. Prepare the product concepts and business cases for senior management approval
• Project Management: Drive product development projects with clear timelines, milestones, and deliverables. Monitor progress, resolve issues, and ensure timely delivery of product initiatives
• Stakeholder Engagement: As a product ambassador, conduct district visits to frontline for new product initiatives to facilitate the understanding of product proposition, key selling edges and new product concept. Build strong relationships with distribution channels to ensure product-market-fit
• Performance Monitoring and Optimization: Track product performance, analyze customer feedback, and use data-driven insights to make product adjustments and improve profitability
• Others: Support campaign team to design and implement compelling offers for new and existing insurance products. Contribute to the ad-hoc projects and other duties as required

Minimum Job Requirements

• Bachelor's degree in Business, Finance, Actuarial Science, or related field
• Minimum 8 years of working experience in the insurance industry in Hong Kong (candidate with less experience will be considered as Manager level)
• Insurance product development or innovation is preferrable
• All rounded experience in the areas of business development, strategic planning and project management
• Experience at regional office and re-insurer is a plus
• Strong analytical and problem-solving skills, with the ability to structure and solve ambiguous problems, as well as translate complex data into actionable insights
• Collaborative mindset with a demonstrated ability to work effectively across teams and functions
• Good communication and presentation skills

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives. You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone. It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. As the largest listed company on the Hong Kong Stock Exchange, we've been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way. Inspiring and supporting you to thrive - not just at work, but in life. Believe in better with AIA. View our AIA LinkedIn page Bring your difference to AIA