Insurance Product Officer | Makati
PJ Lhuillier Group of Companies
- Makati, PhilippinesMakati, Metro Manila, 821 Doctor Jose P. Rizal Avenue, PhilippinesMakatiMetro ManilaPhilippinesPhilippines
- Full timeFULL_TIME
Job closed.
Job Description
This position is primarily responsible for assisting the Insurance Product Head in conceptualizing, developing, and managing new products, alongside the enhancement of existing products under the Insurance Product Group portfolio. The position is expected to generate various studies and reports to support the Product Group’s objectives.
- Stays abreast of latest market trends and needs in life and non-life insurance and micro-insurance.
- Recommends nature/scope of present and future product lines to superiors by reviewing current metrics (product specification, requirements, pricing, loss ratio minimization)
- Conducts feasibility studies (cost-benefit, expense forecasting, market viability competitor impact) for product expansion or enhancement initiatives
- Generates pricing proposals for insurance products using data from IMCG market research, Insurance Group feasibility studies, Sales Channel performance collated by Product Specialists
- Monitors pilot testing of new insurance product, and validates test result submitted by Product Specialist
- Creates training content and sends out to relevant support unit for actual execution
- Generates compilation of product expansion/enhancement recommendations from Sales Channel personnel
Minimum Qualifications
- Graduate of any four-year course related in finance, marketing or any business-related course
- At least 3 years in field related to insurance and product development
- Knowledge with actuarial science, market research (feasibility studies, business process studies), Management, Accounting, Statistics (descriptive) can be an advantage
- Willing to be assigned in Makati
Perks and Benefits
- Retirement Benefit Plans
- Special Leave Benefits for Women
- Single Parent Leave
- Paid Holidays
- Medical / Health Insurance
- Paid Sick Leave
- Performance Bonus
- Paid Bereavement/Family Leave
- Life Insurance
- Paid Vacation Leave
- Maternity & Paternity Leave
- Medical, Prescription, Dental, or Vision Plans
Required Skills
- Business Development
- Product Development
- Product Management
Jobs Summary
- Job Level
- Associate / Supervisor
- Job Category
- Sales and Marketing
- Educational Requirement
- Bachelor's degree graduate
- Recruiter response to application
- Often
- Office Address
- 821 Doctor Jose P. Rizal Avenue, Makati, Metro Manila, Philippines
About PJ Lhuillier Group of Companies
The P.J. Lhuillier Group of Companies is composed of various companies ranging from its flagship business of pawn brokering to local and international remittance, micro-insurance, rural banking, hotel and restaurant management, jewelry and sports accessory retail, information technology, real estate, professional management, and corporate social responsibility.
History
Formally established in 1988, PJ Lhuillier,Inc. (PJLI) is a dynamic, multi-industry company that owns and operates businesses dealing with pawnshop, non-pawnshop financial services (banking, international and local remittance, non-life insurance, electronic loading, bills payment, and collection service), retail (jewelry and health and wellness products), hotel and restaurant management, information technology management, sports, and real estate/property management.
It is the proud parent company of Cebuana Lhuillier, one of the leading and largest non-bank financial services providers in the Philippines with over 1,700 branches nationwide. PJLI attributes its dominance in the industry to integrity and heartfelt service, its robust network of local and international industry partners, and its steadfast commitment to nurture market-leading businesses for its growing clientele.
Today, the P.J. Lhuillier Group of Companies seeks to become the best and preferred microfinancial and business-to-business solutions partner. The company intends to fulfil this vision through rendering dedication, hard work, and service.
Company Mission
We are your most trusted financial partner.
Company Vision
We will empower Filipinos through financial services anytime and anywhere.