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Zurich Insurance

Global insurer providing property, casualty, life

Proposition Senior Manager

Product ManagementConfirmed live in the last 24 hours
Full-timeKuala Lumpur, Federal Territory of Kuala Lumpur, MalaysiaNo salary listedIn-person

About the Job

Responsibilities

  • Strategize and deliver new or enhanced products for individual and group channels in line with company direction, market needs, regulatory requirements, and established timelines.
  • Recommend product strategy and prepare and identify potential product proposals through competitor product and database analyses, ground engagements, and focus groups; prepare and present product materials and discuss proposals with the distribution team.
  • Design new products or enhancements with points of differentiation to create a competitive edge.
  • Manage the product development cycle and engage stakeholders in pricing, underwriting, distribution, legal, and compliance to obtain required product approvals in line with company and regulatory guidelines; prepare approval papers and meeting minutes.
  • Lead and manage the end-to-end product development process according to company standard operating procedures and requirements.
  • Manage cross-departmental teams and address matters related to developing new products and enhancing existing products, including providing solutions.
  • Lead the team in preparing product collateral, including certificates, product disclosure sheets, and marketing illustrations, ensuring compliance with company and regulatory requirements and timely review and sign-off.
  • Conduct market research and competitiveness studies for new products and enhancements.
  • Review and challenge proposition development regarding risk, guarantees, suitability, the overall business case, and key areas of the proposition framework.
  • Lead the team in managing and supporting system requirements and system issues; review test scripts and ensure user acceptance tests are robust and signed off on time.
  • Coordinate with the distribution team on product notifications and ensure timely product training for operational staff and the customer support team.
  • Develop product initiative and campaign proposals to enhance sales opportunities.
  • Lead post-implementation reviews of new products, assess proposition success, and work with stakeholders to complete identified action items.
  • Provide leadership and empower team members to perform their tasks with appropriate guidance and advice.
  • Manage products in line with regulatory changes and requirements.
  • Perform other assigned responsibilities and duties, including ad hoc initiatives and special projects, to meet operational and regulatory or compliance requirements.

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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