Head of Products (Health/Life Insurance)
Role Summary
Bowtie’s mission is to make insurance good again, and our vision is to build a category-defining health insurance company.
As a young and fast-growing company, grooming and learning from the next generation is always our priority. We are looking for great talents who share our values to architect our class-leading health and protection portfolio.
About the Role
This role is the central engine for product innovation, requiring a unique blend of commercial acumen, technical depth, and executive presence. You will be responsible for orchestrating collaboration across the enterprise and with external partners to ensure our products are commercially successful, operationally sound, and strategically aligned.
Your Key Responsibilities Include:
End-to-End Product Leadership: Manage the entire product development lifecycle from ideation and feasibility analysis to launch, post-launch review, and in-force management.
Strategic Reinsurer Partnership:
Lead engagements with reinsurers on product development, including negotiating terms, structuring reinsurance treaties, and securing optimal capacity and pricing for new initiatives.
Cross-Functional Integration & Governance:
Pricing Team: Partner with actuaries to develop pricing models, establish sound financial assumptions, and ensure products meet profitability targets.
Marketing Team: Collaborate to conduct market research, define customer-centric features, and craft compelling go-to-market strategies.
Underwriting & Claims Teams: Work closely to establish and document underwriting guidelines, claims adjudication processes, and policy terms & conditions.
Risk & Compliance Functions: Partner proactively to ensure all product designs, marketing materials, and policy documents meet or exceed all regulatory and compliance standards. Conduct pre-emptive reviews and secure all necessary approvals.
Product Committee Governance:
Host and facilitate the Product Committee, preparing materials and presenting new product proposals, financial analyses, risk assessments, and compliance reviews to senior leadership for review and approval.
Regulatory & Market Analysis: Monitor the evolving regulatory landscape and competitive environment for life and health products to ensure all designs are compliant and competitive.
Risk Management: Identify, assess, and mitigate product-related risks throughout the development process in collaboration with the Risk department.
The success of this role will be measured by:
Product launch cadence
Product attractiveness
Product upgrade and enhancement cadence
Cross-team collaboration feedback
About you
You are/ have the following qualification:
Minimum of 8+ years of progressive experience in product development within the life and health insurance industry.
Proven track record of developing and launching health and protection products (e.g., Critical Illness, Disability, Hospital Indemnity, Accident Insurance).
Demonstrated experience negotiating with reinsurers and a deep understanding of reinsurance structures and their impact on product design.
Strong experience collaborating with Underwriting and Claims departments to develop guidelines and policy terms.
Experience preparing for and presenting to senior management committees or governance forums.
Deep understanding of product mechanics, regulatory environments, and actuarial concepts (morbidity, pricing, valuation).
Exceptional project management, negotiation, and executive-level presentation skills.
Bachelor's degree in Business, Finance, Economics, or a related field.
And, the following qualifications are preferred but not essential
FSA, or other advanced degree/designation a strong plus.
We Offer
Apart from a great career path and an opportunity to do good and do well, we also offer:
Competitive package
Flexible work arrangement
Benefits include medical/ dental coverage and wellness programs
Employee discounts
Fun, co-operative, and flexible startup culture
Weekly sharing sessions and regular social gatherings
Excellent learning opportunities with Professional Development Sponsorship
About Bowtie
We are the first licensed virtual insurer (虛擬保險公司) in Hong Kong.
We believe that insurance is fundamentally good, and we are here to bring the good back through our passionate, innovative, and customer-centric team.
By combining our deep domain expertise and our own proprietary modern technology, we are building one of the most iconic, category-defining health insurance companies in Asia.
We take pride in moving fast all the time and our track record in moving ahead in the game. Our digital insurance platform is also ranked #2 in the world in Sia Partners' 2023 report.
As we grow, we're always looking for highly dynamic, hands-on, and passionate talent to join our team. If you are looking for a rewarding career where you will grow together with strong talents from different backgrounds and build products and services that bring a positive impact on the lives of millions of people in Hong Kong / Asia, apply to our opening today!
Information collected will be treated in strict confidence and used solely for recruitment purposes.
The company will retain all applications no longer than 24 months of which will be destroyed thereafter.
We are an equal-opportunity employer. We do not discriminate on the basis of race, sex, disability, or family status in the employment process.