Role Summary:

This is a senior leadership role with a significant impact on the financial performance of Manulife Hong Kong through his/her primary accountability for product strategy, product development and pricing.

The Chief Product Officer role assumes responsibility for the entire product strategy and development process including propositions, pricing and marketing actuarial. He/she is responsible for all dimensions of the product solution offerings, including sales, profitability, risk management, business planning and strategic planning.

In addition to the strategic side, one key job dimension is the address the regulatory requirements in an increasingly regulated and demanding environment.

The Chief Product Officer is accountable for Hong Kong GN16 regulations for all product lines in Insurance and Other Wealth. The job incumbent will represent Manulife on various industry task forces, with strong influence to the industry bodies and regulators to make sure the changes take into account the business realities of Manulife and other companies from an implementation perspective.

General Accountability:

Hong Kong is a Business Unit responsible for the conceptualization, manufacture and delivery of Protection, Wealth Accumulation and Retirement solutions for Individuals in Hong Kong.  The product lines include Whole Life, Universal Life, Medical Plans, Critical Illness Insurance, Personal Accident Insurance, Whole Life Savings Plans, Endowment Plans and Indexed Link plans. As such it has a very broad scope.

Position Responsibilities:

• Lead, manage, train and develop the competencies and skills of a team of Direct Reports and staff toward the achievement of the mandates of this function within
• Plan for succession and contingency, and actively develop our managers and staff to their next level of career progression
• Manages sales targets, New Business Value (NBV), market share position, product mix, as well as profitability and risk profile
• Own the annual new business plan, and form product roadmap and business strategy
• Maintain high staff engagement level
• Leverage the soft-skills, know-how and experiences from other markets that are suitable and adaptable for Hong Kong & Macau
• Engage other functional teams within and outside of Products so as to secure sufficient resources, including IT resource support, and solicit commitment and delivery of our product roadmap and strategy on schedule.
• Ensure our products are appropriately priced and our initiatives financially viable with risks well managed whilst delivering innovative and customer-centric solutions to meet consumers’ and distributions’ needs
• Be an active member of the Senior Management Team by participating in the strategic and tactical decision-making process
• Ensure regulatory and company internal standards and guidelines pertaining to our business are well managed and uphold our reputation
• Own the internal product approval process by engaging HK management and regional / corporate product risk management
• Monitor and review the Company’s actuarial experiences on a regular basis, and recommend management actions

Knowledge/Skills/Competencies/Education:

• Bachelor degree holder and fellow actuarial qualification is preferred
• At least 15 years of working experience in the insurance industry
• Proven people leadership skills
• Experience with product development, marketing and pricing is preferred
• Familiar with various life, health and investment insurance products available in the market
• Exceptional understanding of business financials and actuarial standards
• Strong business acumen, influential and able to lead through changes
• Able to maintain good relationship with other functional heads, reinsurers, business partners and distribution heads
• Good written, presentation communication and senior stakeholder management and ability to navigate and influence different departments to drive the right outcome for the organization

關於宏利和恒康

宏利金融公司是一家業界領先的國際金融服務集團，致力於幫助人們實現「輕鬆智選，精彩人生」。我們的全球總部位於加拿大多倫多；在亞洲、加拿大和歐洲以「宏利」之名營運，在美國主要以「恒康」之名營運。我們為個人、團體和機構提供財務諮詢、保險以及財富和資產管理解決方案。截至 2022 年底，我們擁有超過 40,000 名員工、超過 11.6 萬名代理人，及數以千計的經銷夥伴，為超過 3400 多萬名客戶提供服務。截至 2022 年底，我們管理的資產規模達 1.3 兆加元（1.0 兆美元），其中投資資產總額為 0.4 兆加元（0.3 兆美元），獨立基金淨資產為 0.3 兆加元（0.3 兆美元）。我們在多倫多、紐約和菲律賓的證券交易所以「MFC」名稱進行交易，在香港證券代碼為「945」。

宏利為重視就業機會平等之雇主

在宏利／恒康，我們擁抱多元。我們致力吸引、發展並留住多元化的員工隊伍，正如我們所服務的客戶一樣多元化，並打造包容的工作環境，在充分發揮文化優勢的同時尊重個體差異。我們矢志維持公平的招聘、挽留、晉升及薪酬制度，我們管理的所有實踐及項目不會因種族、血統、原籍地、膚色、族裔、国籍、宗教或宗教信仰、信仰、性別（包括懷孕及其相關情況）、性取向、遺傳特徵、退伍軍人身份、性別認同、性別表達、年齡、婚姻狀況、家庭狀況、殘疾或受適用法律保護的任何其他因素而區別對待。  

我們的首要任務是消除障礙，為員工提供平等就業機會。人力資源部代表將盡力為應徵過程中提出要求的申請人提供合理協助。  申請人要求提供協助所分享的信息將會按照適用法律及宏利政策儲存及使用。  應徵過程中如需協助，請聯絡[via CTgoodjobs Apply Now]