Chief Product Officer Designate, Life Insurance

2 months ago


Shanghai, Shanghai, China HSBC Full time
We are currently seeking an experienced professional to join our team.

In this role, you will:

l Define product strategy which takes into account the diversity of segments and channel culture differences through the proposition and design.


l Implement the defined product strategy with execution excellence.

l Lead & drive the execution of new product proposition & strategic initiatives including the Actuarial technical input.

l Formulating local Product Development and Product Pricing Policy to ensure overall profitability and Value for Money for Customers

l Contribute to AOP targets by setting and managing to clear goals and metrics in coordination with Finance and Planning

l Drive new organic and inorganic revenue growth for HSBC Life China through various partnership and platform

l Responsible for sales and service process for new product launch

l Responsible for the management of the different existing products and identifying/launching initiatives (e.g. product shelving, pricing, channel activation, channel optimization) to monitor risks/FVE and within market to drive sales, penetration and PBT.

l Manage day-to-day product management responsibilities and actions to comply with regulatory and HSBC global standards requirements.

l Conduct analysis on existing customer portfolio, monitor market trends, customer needs and competitor movement to identify business potential

l Responsible for market intelligence, industry trends, change in regulatory framework and assess the potential impact to business

l Drive appropriate market & customer research to monitor needs and buying behavior of the company's key customer segments

l Interface with Global head of products and actuarial to ensure alignment with Group Strategy and to leverage global best practices.


l Coordination with Strategic partner leads to gain synergy relative to product set and channel opportunities.

l Responsible for the BAU relationships with Reinsurers and support Chief Actuary office in relationship with the regulator

l Contribute to and influence industry developments in China through the building and deepening relationships with regulators at the regional and country level

l Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets

l Develop, coach, manage to drive for a high performance team

l Provide thought leadership in financial and risk related matters

l Lead country product team to achieve AOP results

l Keep abreast and be knowledgeable of, and abide by local regulations and practices, legislations and Group operating models to avoid infringement of laws, regulations and Global Standards.

l Lead the implementation and oversight of policy and governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.

l Your appointment will be subject to regulatory approval by the China Banking and Insurance Regulatory Commission ("CBIRC")/China Securities Regulatory Commission ("CSRC").

Upon approval, you will be classified as China Local Material Risk Taker (MRT) and the MRT terms and conditions specified in HBCN/RRB/HACN/INSH/IBCN Variable Pay Deferral Guide will be applicable to any variable pay that may be awarded to you.

Requirements

To be successful in the role, you should meet the following requirements:

l Over 15 years of broad executive experience in senior management positions of insurance business.

l Proven insurance experience and leadership in insurance business of China

l Recognized insurance professional with industry standing in the market, preferably holding relevant insurance professional qualification

l Possess strategic thinking, strong commercial thinking and business acumen

l Courageous leadership and be able to lead a group of senior leaders to deliver business objectives

l Excellent judgment and decision-making skills - able to make business aligned and timely decisions

l Able to create a positive working relationship with senior Group executives internally and related partners & governmental bodies externally

l Customer centric

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count.

We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within and inclusive and diverse environment.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

/ HSBCJHL /TH

Issued by HSBC Life Insurance Co Ltd

  • Shanghai, Shanghai, China HSBC Full time

    The job holder is expected to be an independent and objective body that reviews, monitors and manages investment asset related projects and/or issues in asset management and asset liability management. Where appropriate, the job holder shall provide advice to and via the Chief Investment Officer and other senior executive in general on investment proposals,...


  • Shanghai, Shanghai, China HSBC Full time

    The purpose of the role is to plan, develop and manage HSBC insurance products with the objective of contributing to distribution channel/ partner request fulfillment, business target achievement (volume and profitability), risk controable business development sustainability and to enhance the client experience. The role holder may be located in retail,...


  • Shanghai, Shanghai, China HSBC Full time

    The purpose of the role is to plan, develop and manage HSBC insurance products with the objective of contributing to distribution channel/ partner request fulfillment, business target achievement (volume and profitability), risk controable business development sustainability and to enhance the client experience. The role holder may be located in retail,...

  • Chief Actuary Officer

    4 weeks ago


    Shanghai, Shanghai, China Allianz Full time

    Working place: Shanghai, ChinaReporting line: Chief Finance Officer, Allianz China LifeNumber of direct report: 3Team Size: over 20Working language: Chinese, EnglishObjectives of the Role:The role is to direct and organize the actuarial functions, provide actuarial advice to CFO/Executive Committee, in order to maximize the value of business to shareholders...

  • Chief Actuary Officer

    2 months ago


    Shanghai, Shanghai, China Allianz Full time

    Working place: Shanghai, ChinaReporting line: Chief Finance Officer, Allianz China LifeNumber of direct report: 3Team Size: over 20Working language: Chinese, EnglishObjectives of the Role:The role is to direct and organize the actuarial functions, provide actuarial advice to CFO/Executive Committee, in order to maximize the value of business to shareholders...


  • Shanghai, Shanghai, China HSBC Full time

    The role is focused on planning, developing, and managing HSBC insurance products to contribute to distribution channel/partner requests, achieve business targets, ensure sustainable business development, and enhance client experience. The role location can vary among retail, commercial, business banking, asset management, or equity fields. While not having...


  • Shanghai, Shanghai, China HSBC Full time

    Head of Underwriting & Claim Experience will be involved at all stages of the Underwriting & Claim operation development project lifecycle, from change initiation, design and delivery, through to benefits realisation, so as to support the operation optimization and cusomter experience enhancment. They are located in COO team and have close collaboration...


  • Shanghai, Shanghai, China Hannover Re Full time

    Let's connect: We are looking for a Chief Executive Officer (CEO) to head the Hannover Re Shanghai Branch in China. Your primary responsibility is to lead Hannover Re's teams in China with strategic vision and expertise. You can look forward to Lead the team to achieve high engagement and performance at all levels Create and maintain an environment...


  • Shanghai, Shanghai, China Page Executive Full time

    About Our Client Our client is a commercial stage in-licensing pharmaceutical company focusing on addressing the unmet clinical needs in the Southeast Asian and Middle Eastern markets.Their pipeline is build upon cooperation with global pharmaceutical and biotech players with key focus area in Oncology, Metabolic, Ocular, CVS and Dermatology disease....


  • Shanghai, Shanghai, China Page Executive Full time

    About Our Client Our client is a commercial stage in-licensing pharmaceutical company focusing on addressing the unmet clinical needs in the Southeast Asian and Middle Eastern markets.Their pipeline is build upon cooperation with global pharmaceutical and biotech players with key focus area in Oncology, Metabolic, Ocular, CVS and Dermatology disease....


  • Shanghai, Shanghai, China The LEGO Group Full time

    Job DescriptionCore Responsibilities:The Digital Product Designer is responsible for a set of activities including: conducting initial user research, driving a solution vision based on business and user insights, designing desirable and intuitive multi-channel experiences, developing wireframes and visual designs, and iteratively validating solutions with...


  • Shanghai, Shanghai, China HSBC Full time

    We are currently seeking an experienced professional to join our team. In this role, you will: This role will support core corporate actuarial tasks in below key areas: 1. Support finaical projeciton and analysis including captial and IFRS 2. Support actuarial model development and testing 3. Support various financial reporting tasks as requried...


  • Shanghai, Shanghai, China HSBC Full time

    We are currently seeking an experienced professional to join our team. In this role, you will: This role will support core corporate actuarial tasks in below key areas: 1. Support finaical projeciton and analysis including captial and IFRS 2. Support actuarial model development and testing 3. Support various financial reporting tasks as requried...


  • Shanghai, Shanghai, China HSBC Full time

    The job holder plays a vital role in driving training activities, identifying and planing training interventions to address gaps in skills, to meet business objectives or to address regulatory requirements. Role holder is required to support insurance business and work closely with other business teams and functions including i) Business Develop Managers,...


  • Shanghai, Shanghai, China Kistler Group Full time

    As a strong leader located in our Office in Shanghai and a member of the extended Executive Committee of Kistler Group, you move Kistler China into the center of gravity of the Kistler Group by implementing our China strategy of profitable growth. Chief Operating Officer Kistler China Your Tasks: Manages all operations of the Operation Center...

  • Designer

    4 weeks ago


    Shanghai, Shanghai, China ABB Full time

    DesignerTake your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where...

  • Designer

    2 months ago


    Shanghai, Shanghai, China ABB Full time

    DesignerTake your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are embarking on a journey where...

  • Chief Engineer

    2 weeks ago


    Shanghai, Shanghai, China Hilton Full time

    With thousands of hotels in over 100 countries and territories, Hilton offers countless opportunities to delight. From an open door to a welcoming smile and an exceptional experience, we offer the millions of travellers who stay with us every year a welcome they will never forget. In addition to our flagship brand, Hilton Hotels & Resorts, the family of...

  • Chief Engineer

    4 weeks ago


    Shanghai, Shanghai, China Hilton Full time

    With thousands of hotels in over 100 countries and territories, Hilton offers countless opportunities to delight. From an open door to a welcoming smile and an exceptional experience, we offer the millions of travellers who stay with us every year a welcome they will never forget. In addition to our flagship brand, Hilton Hotels & Resorts, the family of...


  • Shanghai, Shanghai, China HSBC Full time

    As Risk Stewards,Financial Crime Compliance officer provides advice, guidance, opinions, direction, and training related to the regulatory landscape to the First Line of Defence/business. To ensure the business complies with the letter and spirit of relevant regulations, thereby delivering fair outcomes for customers and embedding a robust risk management...