Assistant Manager, Product Development and Management (Kowloon City, Kowloon, HK)

HSBC
Hong Kong
Full timeFunction: Administration & Executive AssistanceSkills: ["Independent work","Multi-priority management","Team collaboration","Communication","Negotiation"]

Manage and monitor life-insurance discount spending and special pricing to meet budget, profitability, and risk thresholds. Support governance of special pricing and quotations for HSBC Life across channels, especially the High Net Worth segment. Collaborate with Distribution, Actuarial, Commercial teams and the Second Line of Defence to optimize discount campaigns, while assisting the end-to-end insurance product development cycle, enhancements, and launch support.

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FursaFursa
HSBC
HSBC
2 days ago

Assistant Manager, Product Development and Management (Kowloon City, Kowloon, HK)

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Last checked: 3 hours agoStatus: Live

Job Summary

Manage and monitor life-insurance discount spending and special pricing to meet budget, profitability, and risk thresholds. Support governance of special pricing and quotations for HSBC Life across channels, especially the High Net Worth segment. Collaborate with Distribution, Actuarial, Commercial teams and the Second Line of Defence to optimize discount campaigns, while assisting the end-to-end insurance product development cycle, enhancements, and launch support.
Location: Hong Kong
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Manager level

Key Responsibilities

  • •Manage and monitor premium discount spending to achieve targeted business outcomes while aligning with budgets, profitability goals, and risk thresholds.
  • •Support formulation and governance of special pricing and quotations to reinforce HSBC Life’s market leadership, especially for the HNW segment.
  • •Work with Distribution, Actuarial, Commercial, and the Second Line of Defence to manage and optimize discount campaigns and special pricing initiatives.
  • •Assist the end-to-end insurance product development cycle, including ideation, product engineering, system development, approval, and launch support.
  • •Ensure compliance with internal frameworks and guidelines and provide assistance for product enhancements and ad-hoc changes.

Key Requirements

  • •Prior experience in the life insurance sector is required.
  • •Solid background in life insurance product development and tactical customer offers is highly desirable.
  • •Strong understanding of insurance products and market dynamics is required.
  • •Professional qualifications in quantitative analysis, actuarial science, finance, or related fields will be preferred.
  • •Fluency in both Chinese and English is mandatory.
Experience:Life insurance
Skills:Independent workMulti-priority managementTeam collaborationCommunicationNegotiation
Languages:ChineseEnglish

Company Brief

HSBC
Global banking and financial services organisation offering retail, commercial, corporate and investment banking, wealth management, and global markets services across Europe, Asia, the Americas and the Middle East.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1865
Glassdoor
Glassdoor: 3.6
WebsiteLinkedIn