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Product Development Manager (Insurance)

Lma Recruitment Singapore Pte. Ltd.

D01 Marina, Raffles Place, People's Park, CecilFull TimeS$6,000 – S$13,000/mo

Posted 27 Jul 2026

About this role

We are seeking an experienced Product Development Manager to join our insurance client's Product team on a 1 year contract. This role will be responsible for supporting the development, enhancement and implementation of life insurance products across the product lifecycle. Working closely with Distribution, Pricing, Actuarial, Operations, Compliance, Technology and Marketing teams, you will help deliver innovative customer-centric solutions while ensuring regulatory compliance and commercial viability. This is an excellent opportunity for someone who enjoys driving cross-functional initiatives and bringing new insurance products from concept to market. Key Responsibilities Lead and coordinate end-to-end product development initiatives for individual life insurance products. Manage product enhancement projects, including benefits, features, customer experience and digital journeys. Collaborate with Actuarial, Underwriting, Operations, Technology and Compliance teams to deliver successful product launches. Conduct market research, competitor benchmarking and customer analysis to identify product opportunities. Prepare business cases, product proposals and management papers for governance approvals. Ensure products comply with MAS regulations and internal governance requirements. Support implementation planning, user acceptance testing (UAT), operational readiness and post-launch reviews. Monitor product performance and recommend enhancements based on customer feedback and business results. Work with Distribution and Marketing teams to support product positioning and launch activities. Manage project timelines and stakeholder communications to ensure timely delivery. Requirements Bachelor's degree in Business, Finance, Actuarial Science, Marketing or a related discipline. 5–10 years of experience in product development, product management or proposition management within the life insurance industry. Strong understanding of life insurance products and the product development lifecycle. Experience working with cross-functional stakeholders including Actuarial, Distribution, Operations and Technology. Good knowledge of MAS regulatory requirements relating to life insurance products. Strong project management and stakeholder management skills. Excellent analytical, communication and presentation skills. Self-motivated, organised and able to manage multiple priorities in a fast-paced environment. If you are an experienced Product Manager, we invite you to apply for this role.

What they're looking for

Product KnowledgeCompetitive AnalysisProposal ManagementAnalyse Product Performance

About Lma Recruitment Singapore Pte. Ltd.

Industry: Administrative & support servicesWebsite ↗

Frequently asked questions

What does a Product Development Manager (Insurance) at Lma Recruitment Singapore Pte. Ltd. do?

We are seeking an experienced Product Development Manager to join our insurance client's Product team on a 1 year contract. This role will be responsible for supporting the development, enhancement and implementation of life insurance products across the product lifecycle. Working closely with Distr…

What skills does this Product Development Manager (Insurance) role need?

Key skills for this role include Product Knowledge, Competitive Analysis, Proposal Management, Analyse Product Performance.

How much does a Product Development Manager (Insurance) at Lma Recruitment Singapore Pte. Ltd. pay?

This role lists a salary of S$6,000 – S$13,000 per month.

Is this Product Development Manager (Insurance) role remote, hybrid, or on-site?

The listing is based in D01 Marina, Raffles Place, People's Park, Cecil. Check the posting for remote or hybrid options.

How do I apply for this Product Development Manager (Insurance) role?

You can apply directly on Lma Recruitment Singapore Pte. Ltd.'s careers page. ApplyLah can tailor your résumé and cover letter to this exact role in seconds first.