Retail Product Development & Underwriting Executive (Motor)

AXA Insurance Public Company Limited (Pathum Wan)

Bangkok, Thailand

AXA Insurance Public Company Limited, is committed to supporting our customers to achieve stability and prosperity through providing a comprehensive range of services in motor, personal accident, travel, health, property and marine, etc. It is our inherent responsibility to support the communities we operate in, hence creating a sustainable business via constant and considerable contribution in the dimensions of health, environment and the community. AXA values equal employment opportunity. We are committed to promote Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our family, and to build an inclusive culture together which allows everyone to maximize their full potential.

About this position

The incumbent manages product development and the portfolio to support Product Manager to execute product and underwriting strategy to achieve budgeted plan on top and bottom line. This is accomplished through the review, monitoring, and analyse of the portfolio.

Responsibilities

• Own end-to-end product development process until product launch, including product features design, pricing, profit testing, filling documents to OIC, underwriting guideline and policy issuance guideline.
• Ensure product meets company’s target on profitability and marketability when benchmarking with other insurers.
• Communicate and coordinate with working teams to ensure that the new product will be launched on time.
• Monitor product performance in terms of growth, profitability, and sales volume achievement.
• Coordinate with branding team to create communication material about product features and suggest on features to be highlighted to increase sales.
• Validate business cases for a new partnership or new product.
• Identify process improvement opportunities, work on tools creation, process re-design, and assist line manager to adapt to new processes.
• Ad hoc projects

Requirements

• Bachelor’s or master's degree holder with education background in related fields Business Administration, Actuarial Science, Economics, Mathematics, Statistics, Finance, or related experience.
• 4 years’ experience in Home insurance. Additional experience on PA can be a good-to-have.
• Underwriting, product development, actuarial or claims background is preferable.
• Data analytical and Critical thinking skill.
• Effective command of English.
• Excellent in MS office skills.