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Job Description:
• Accountable for the financial results of the Product Tower including top and bottom line.
• Oversees all aspects of product development, management and governance including rate development, underwriting, pricing segmentation, portfolio analysis and management, product lifecycle governance and administration.
• Partners and collaborates closely with marketing and distribution to define the distribution strategies and objectives for each chosen market segment to make sure that our products meet customer and distribution needs and expectations, maximizes our competitive differentiation in our chosen business segments and provide acceptable levels of profitability for the company.
• Lead the development of products, pricing, underwriting and risk segmentation strategies for multiple distribution channels, including independent agency, captive agency, direct marketing and alternative distribution channels.
• Create strong relationships with departments affecting product development and administration and our customer experience including Claims, Agency, Telesales, Customer Service and Operations, Direct Marketing.
• Works with the leaders of our customer facing units to define the customer service strategies and objectives for the business segment and monitor together our progress on these items for the business segment.
• Accountable for the Product Lifecycle Governance and Administration process, which governs all product development and administration from ideation to technical development to launch and also includes all post product launch activities such as post launch reviews and portfolio management.
• Accountable for the implementation of company policies concerning underwriting and product development.
• Drives talent management and development for the Korean product tower team
• Ensures product filings are in line with local regulation and meet Corporate standards. |
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Job Requirements:
** 영어 중급 이상 수준
• Undergraduate / Graduate University degree in a business discipline and / or professional accreditation.
• 10 years of experience in the technical aspects (pricing, modelling, underwriting) of long term products in the Korean market
• Good communication and interpersonal skills.
• Flexible, resilient and creative; intellectually curious
• Strong interpersonal communication, presentation & influencing skills
• Strategic thinking and planning skills
• Self-starter, ability to discover problems and implement solutions. Strong analytical and reasoning skills in interpretation of numbers.
• Proficient in MS office applications. Prior experience and skills in using Excel for data analysis.
• Existing and cordial relationships with the Korean regulators and industry rating bodies.
• Prior experience leading a team of actuaries and technical insurance analysts. |
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