Product Category Head - Regular Pay

Main Purpose

Of The Job:

The Product Category Head – RP is responsible for driving the strategy, development, and performance of the Regular Pay product line. The role ensures alignment with customer needs, regulatory requirements, and business objectives while delivering profitable growth and strengthening the company’s market position.

Key Accountabilities:

Strategy & Business Planning

• Define and implement the overall product strategy for Regular Pay
• Conduct market analysis to identify trends, customer insights, and competitive positioning.
• Develop short and long term plans to achieve sales, revenue, and profitability targets.

Product Management

• Lead the design, pricing, and launch of new RP products.
• Manage the product lifecycle from ideation to sunset, ensuring relevance and competitiveness.
• Ensure all product lifecycle from ideation to phase out, ensuring relevance and competitiveness.
• Ensure all products comply with regulatory standards and internal governance.
• Work with actuarial, risk and compliance teams for product approvals.

Sales and Marketing Support

• Partner with Distribution teams to drive product penetration and adoption.
• Develop product value propositions and marketing strategies in coordination with Brand and Communications.
• Provide training tools, and sales enablers to equip the sales force.

Performance Management

• Track product performance, portfolio mix, and profitability.
• Recommend product enhancements, pricing adjustments, or repositioning as needed.
• Regularly report category performance to senior management.

Stakeholder Management

• Collaborate cross-functionally with Distribution, Finance, Operations and T&T to ensure seamless product delivery.
• Engage external partners, reinsurers and regulators as needed.

Experience And Qualifications:

• Bachelor’s degree in Business, Marketing, Finance, or related field.
• Minimum 8 – 10 years of experience in product management, preferably in insurance, banking, or financial services.
• Strong knowledge of savings, investment-linked and protection products.
• Proven track record in product development and category management.
• Experience in leading a cross-functional teams and managing stakeholders.

A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks.

Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.

AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.

AXA now offers a complete range of products for all its customers’ insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.

AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.

AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines.

The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.

Please visit www.axa.com.ph/careers for more information.