Job Description

Job description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialise in Insurance but enjoy the advantages that come with being part of a leading global international bank.

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Health Propositions.

Principal Responsibilities

Strategic Watch and analysis

• Research the Singapore market and understand the product needs of different customer segments in Singapore - including competitor and pricing comparison, conducting customer surveys and analysing results
• Follow closely market developments in the area of product offer and marketing campaigns in life and general insurance Health markets, in Singapore and abroad
• Elaborate, in support of the Health management team, strategy papers, new opportunities and partnerships and analysis for the Group Life, Accident & Health business line (Individual and Group)

Product development and maintenance

• Coordinate with the other verticals within HSBC like Digital team, Life team, Bank and distribution team the conception and execution of the product development plan for all customer and product segments and support in designing and defining the engagement model and maintain and draft the partnership agreements when and where required
• Cooperate closely with Actuaries, Underwriting and Sales team to plan, develop and implement Product or any business case
• Make sure all work streams (e.g. operations, claims, system set up, marketing materials etc) are on track and keeping all stakeholders up to date on the progress of the project timeline on weekly basis.
• Maintain an up- to-date inventory of all paper and digital product collaterals for Individual and Group Health products including policy wordings, application forms, sales brochures, training materials and other relevant documentation
• Initiate, develop or contribute to process efficiency in the whole value chain, including Business Development team, Sales & Distributions; Medical Underwriting, Processing and Claims team

Support to Business Development

• Contribute to the preparation of call for tenders involving Health products and/or services in support of Health Business Development or Distribution teams
• Provide relevant Health-related content for AXA internal and external communication on products and services, including circulars to intermediaries, content for AXA website and social media
• Prepare, implement and monitor the performance of the sales campaigns for Health products with Marketing and Communication, Distribution and Digital Commerce team

Requirements

Requirements

• Degree (Finance, Insurance, Marketing, Management, Actuarial)
• 5 years of relevant experience in the financial / service industry with experience in managing product development in the insurance sector
• Strong conceptualization and analytical skills to develop competitive concepts of products and services
• Good leadership skills, proven experience in managing cross-functional project teams
• Good interpersonal and communication skills
• An open attitude to change and ability to forge a vision for the future of the product line

To be considered for this role, the relevant rights to work in Singapore is required.

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.