Vice President, Product (High-net-worth) - HSBC Life

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize 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 a Vice President, Product (High-net-worth).

In this role you will

• Lead and drive the High Net Worth/Legacy needs product strategy and product roadmap to deliver the Company’s growth priorities, customer outcomes and commercial objectives. Product scope includes (but is not limited to) Universal Life, Indexed linked plans, Variable Universal Life, participating and investment-linked plans and other HNW-focused solutions.
• Lead end-to-end product development for new and enhanced product propositions, taking ownership of end-to-end product and proposition readiness from conceptualization to launch including necessary post launch oversight and support.
• Build strong culture of product innovation through structured engagement with distribution partners and internal stakeholders to identify customer needs, validate concepts and refine propositions.
• Translate market intelligence into actionable recommendations through competitive benchmarking, customer insights and trend analysis to optimise product design, positioning and commercial outcomes.
• Lead adherence to MAS requirements, LIA guidelines, and internal governance frameworks, ensuring robust documentation, appropriate approvals, and effective risk controls across the product lifecycle.
• Partner with cross-functional stakeholders (e.g., Actuarial, Finance, Risk, Compliance, Ops, Tech, Distribution and Product Delivery Project Manaagers) to execute product delivery plans and launch products on time and to agreed quality standards.
• Regularly review portfolio performance and market trends; recommend enhancements and rationalization, balancing customer proposition, distribution feedback, conduct risk and financial sustainability.
• Lead and develop the team: build capability, manage prioritization, process optimization and resourcing and ensure delivery against commitments (Lead)

To be successful you will need

• 10+ years experience in life insurance product development, with strong knowledge of the HNW and legacy planning solutions
• Demonstrated ability to shape product strategy and deliver end-to-end product development
• Strong commercial acumen, with experience balancing customer proposition, distribution needs, profitability and risk
• Proven ability to lead complex, cross-functional initiatives and manage stakeholders across diverse functions with a proactive mindset to improve ways of working – identifying optimization opportunities
• Strong analytical and problem-solving skills; able to turn market/competitor insights into clear recommendations and business cases.
• Degree in Actuarial, Business, Finance, Insurance or related discipline (preferred).

Opening up a world of opportunity

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.

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