Product Development (Motor Insurance)

Ngern Tid Lor Public Company Limited (Phaya Thai)

Phaya Thai

Bangkok, Thailand

Ngern Tid Lor Public Company Limited (“TIDLOR”) is the leader in the fast-growing vehicle title loan market in Thailand. It is also a non-life and life insurance broker with the largest number of licensed branch staff in the country. With over 1,000 branches nationwide, the company is working to alleviate poverty in Thailand by providing fair, transparent, and convenient financial services. All Ngern Tid Lor’s operations are guided by the vision “Everything we do, we strive to empower people and enrich lives. We believe that access to fair, transparent, and responsible financial services is everyone’s right.” This is reflected through its range of products and services that create opportunities for the under-banked Thais who often lacks access to formal financing. In 2020, Ngern Tid Lor received two awards, Dream Employer of the Year and Dream Company to Work For from the Global Best Employer Brand Awards 2020. These awards reflect our commitment to creating a strong corporate culture and readiness for digital transformation to reduce financial inequality for customers and create sustainable opportunities for Thai society. For more details, please visit www.tidlor.com/th/tidlorstory.html

About this position

The position involves managing relationships with insurance companies, developing motor insurance products, and analyzing product performance while collaborating with internal teams.

Responsibilities

• To maintain and manage strong relationships with existing insurance companies for partner perspective.
• Manage and Develop Motor insurance products to support all channel.
• To analyze the motor insurance product in each portfolio/campaign.
• Collaborates with internal departments to ensure the product updates on the shelf and the selling point of each partner's product.
• Good presentation skills and ability to contribute to the development of any assigned projects or initiatives.
• Having strong knowledge of motor underwriting, and actuary experience will be an advantage.
• To manage the team for importing motor insurance products in the core system.
• To update the underwriting guidelines to all related functions.
• To analyze the factor that impacts the motor insurance premium/product package to develop the white-label product.

Requirements

• Bachelor's degree or higher in Applied statistics, Business Management & Administration, Insurance, or related fields.
• Minimum 3-5 years of working experience in the insurance business with a relevant role i.e, underwriting, actuary or portfolio analysis, product development (motor insurance product).
• Excellent Knowledge of the insurance business especially Motor insurance products.
• Self-motivated with strong interpersonal skills and confident to work independently and take responsibility.
• Positive attitude with eager to learn new things / Proactive and can work under pressure.
• Actuary, underwriting experience is preferable.
• Pleasant personality, strong decision-making, good human relations, a team player, creative mindset and interpersonal Skills.
• A strong sense of accountability, willingness to take ownership and drive resolution of issues.
• Good command of English both speaking and writing.
• Data analytical skills.
• Good presentation skills.