[Chubb Life] Director, Product Development

A. Product Function

A1. Product Solutions

• Conduct market intelligence and product surveys to gather insights.
• Develop innovative product solutions and enhancements.
• Formulate product strategies and planning initiatives.
• Deal with reinsurers to finalize the product features and manage reinsurance treaty arrangements effectively.

A2. Product Proposition

• Clarify the customer journey to ensure seamless experiences.
• Develop and provide sales toolkits to support the sales force.
• Present product offerings to partners (RAF).
• Prepare external product reports for regulatory bodies (MOF/AVI).
• Facilitate product introductions and conduct training sessions.

A3. Product Marketing

• Provide support for new business block initiatives.
• Develop and execute product marketing strategies and activities.
• Assist with special projects as requested.

B. Product Development

B1. Internal Deliverables

• Design and conceptualize product ideas.
• Conduct risk analysis to ensure product viability.
• Define operational product specifications for integration into the policy management system.

B2. Mof Filing

• Prepare policy wording, underwriting rules, and exclusions.
• Develop brochures and marketing materials.
• Draft BBQ-wording for regulatory submissions.

C. Management, Support, and Accountability for the Product Team

C1. Full Accountability for Product Function

• Take full ownership and responsibility for all aspects of the product function.

C2. Collaboration with Senior Management

• Engage with higher management to address human resource needs and critical issues, ensuring the continuous improvement and strengthening of the product function.
• Strong understanding of life insurance products, actuarial principles, and market dynamics.
• Analytical and strategic thinking skills.
• Knowledge of regulatory and compliance requirements in the insurance industry.
• Leadership and team management abilities.
• Excellent communication and collaboration skills.
• Demonstrate excellent presentation skills in both Vietnamese and English.
• Customer-focused mindset with a drive for innovation.