Zurich Insurance

Global insurer providing property, casualty, life

AM – FT Proposition

Product ManagementUpdated on Nov 14

Full-timeKuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaNo salary listedIn-person

About the Job

Requirements

Knowledge of product lines at proficiency level 2.
Product design and development skills at proficiency level 2.
Ability to develop components of propositions at proficiency level 1.
Proposition management skills at proficiency level 1.
Knowledge of insurance finance and actuarial concepts at proficiency level 1.
Customer service skills at proficiency level 2.
Effective communication skills at proficiency level 1.
Strong all-round business knowledge and understanding of products, systems, processes, and the regulatory environment.

Responsibilities

Support the proposition manager in developing proposition strategy across policy, product, communications, platform, service, target market, and distribution.
Reappraise existing propositions to maintain competitiveness.
Maintain the existing product portfolio and update products in response to regulatory and technical market changes.
Produce and maintain product positioning statements, and manage regulatory and other product risks.
Lead small- to medium-sized product developments or projects as needed, and own and resolve issues arising during development.
Develop and maintain customer-focused propositions aligned with brand values.
Input to and support product development, including sign-off of key deliverables.
Coordinate with training to ensure appropriate aspects are communicated and tested.
Work with promotion teams to assess feedback from events and workshops, evaluate results, and recommend future proposition changes.
Determine initiatives to maintain or grow profitable market share for the relevant proposition set.
Participate in the performance management cycle, take action to improve job performance, support coworkers, and manage personal development.

Purpose

To support the proposition manager in developing the proposition strategy (policy, product, communications, platform, service, target market and distribution). Actively reappraise existing propositions to maintain competitiveness.

Nature of Work

Key Accountabilities

Maintains the portfolio of existing products updating them in response to regulatory and technical market changes, producing and maintaining product positioning statements, managing regulatory and other product risks arising.
May lead small to medium sized product developments or projects and to own and resolve issues on any development.
Develops and maintains propositions with a customer focus, aligned to brand values. Inputs to and supports product development including sign-off of key deliverables.
Co-ordinates activity with training to ensure appropriate aspects are communicated and tested.
Works with promotion teams to understand feedback from events and workshops, to evaluate results to make recommendations for future proposition changes.
Determines initiatives to maintain or grow profitable market share for relevant proposition set.
Exhibits strong all-round business knowledge and understanding of our products, systems, and processes as well as the regulatory environment.

Performance Management Accountabilities

Demonstrate commitment to corporate values.
Take accountability for participating in the performance management cycle.
Take action to improve performance on the job.
Assist and support co-workers. Take action to manage own personal development.

Skills

Functional Skills

Knowledge of Product Line - Proficiency Level 2
Product Design & Development - Proficiency Level 2
Develop Components of Propositions - Proficiency Level 1
Proposition Management - Proficiency Level 1
Insurance Finance & Actuarial Concepts - Proficiency Level 1

Cross Functional Skills

Customer Service - Proficiency Level 2
Effective Communication - Proficiency Level 1

Job Summary

Job Accountabilities - Key Accountabilities

Maintains the portfolio of existing products updating them in response to regulatory and technical market changes, producing and maintaining product positioning statements, managing regulatory and other product risks arising.
May lead small to medium sized product developments or project and to own and resolve issues on any development.
Develops and maintains propositions with a customer focus, aligned to brand values.
Inputs to and supports product development including sign-off of key deliverables.
Co-ordinates activity with training to ensure appropriate aspects are communicated and tested.Works with promotion teams to understand feedback from events and workshops, to evaluate results to make recommendations for future proposition changes.
Determines initiatives to maintain or grow profitable market share for relevant proposition set.
Exhibits strong all-round business knowledge and understanding on our products, systems, and processes as well as the regulatory environment.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size: 10,001+
Company stage: IPO
Headquarters: Zurich, Switzerland
Founded: 1872

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