Senior Investment-Linked Life Insurance Product Solutions Specialists
Octium is an insurance group, active internationally in the financial services industry, specialising in the design, structuring and distribution of investment-linked life insurance products for high-net-worth individuals and their families. With our headquarters located in Luxembourg, the insurance companies Octium Life DAC in Ireland, Octium Assurance AG in Liechtenstein with a Branch in Italy and the insurance intermediary Octium International Insurance Agent AG in Liechtenstein and Switzerland, our Group is considered as one of the most innovative solution providers to meet clients’ needs and to ensure comprehensive professional support to our business partners. For more information about us, visit our website www.octiumgroup.com.
Due to our strong growth, we are looking for an experienced Senior Investment-Linked Life Insurance Product Solution Specialists to join our teams in Dublin (Ireland), Vaduz (Liechtenstein), Zurich (Switzerland) or Milan (Italy) for several Product Solutions Specialists on a permanent basis.
The Product Solutions Team
The Product Solutions team is responsible for developing new products for Octium and managing its existing products across several international markets. The scope of the team’s activities ranges from designing completely new products for new markets through to managing the contractual and operational documentation required to administer existing products.
- Develop and manage investment-linked life insurance products and solutions, from ideation to launch including PRIIPs documentation, that meet the needs of our clients and that are aligned with our business strategy.
- Conduct market research and analysis to identify market trends and customer needs and use this information to inform business development.
- Work closely with cross-functional teams, including actuaries, underwriters, business development, marketing, and sales, to ensure that products are developed and launched on time, and that they meet regulatory and compliance requirements.
- Conduct product training sessions for internal and external stakeholders and develop sales tools and collateral to support the sales process.
- Monitor product performance and make recommendations for improvements based on customer feedback and market trends.
- Maintain up-to-date knowledge of the regulatory environment and industry trends related to investment-linked life insurance products.
- Supporting the organization with legal matters directly or indirectly related to the life insurance products and solutions offered by the Octium.
- Preparing communications to distribution partners and customers announcing new product developments or changes to existing products
- At least 5 years’ experience in developing and managing investment-linked life insurance products and solutions, preferably in the international sector.
- Strong knowledge of investment-linked life insurance products and solutions, including product design, pricing, underwriting, and distribution and underlying investments.
- Excellent analytical and problem-solving skills to find innovative customer-focused solutions, with the ability to conduct market research and analysis, and use data to inform product development.
- Strong project management skills, with the ability to manage multiple projects and stakeholders simultaneously.
- Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams, and to communicate complex product concepts to non-technical stakeholders.
- Strong understanding of regulatory and compliance requirements related to investment-linked life insurance products
- Self-motivated and willing to use own initiative.
- Excellent document drafting skills, paying attention to detail.
- Fluent in Italian and English. Any other of the following languages is a plus: Greek, Spanish or Portuguese
If you are passionate about developing innovative and customised solutions that help our clients achieve financial security and peace of mind, and you have a track record of success in developing and managing investment-linked life insurance products and solutions, we encourage you to apply for this exciting opportunity.
Octium accepts only direct applications. Any applications submitted by recruitment agencies without contractual agreement will be treated as direct applications.
What we offer
At Octium, we are committed to providing our employees with a supportive and rewarding work environment. We understand that a positive workplace culture, competitive compensation, and meaningful benefits are crucial to attracting and retaining top talent. Here are some of the things we offer (always depending on location):
Competitive salary and benefits package
We offer a competitive salary and benefits package that includes eg health insurance
Professional development opportunities
We believe in investing in our employees’ growth and development. That’s why we offer opportunities for professional development and continuing education, such as tuition reimbursement, conferences, and workshops.
Flexible work arrangements
We understand that life happens outside of work, which is why we offer flexible work arrangements, including remote work options and flexible scheduling.
Supportive and collaborative work environment
We value collaboration and teamwork, and we foster a supportive work environment where everyone is encouraged to contribute their ideas and talents.
We believe that a positive company culture is essential to a successful business. We strive to maintain a culture of inclusivity, diversity, and respect for all employees.
Opportunities for advancement
We are committed to promoting from within and providing opportunities for career advancement for our employees.
We are dedicated to providing our employees with the resources and support they need to succeed both professionally and personally. We welcome individuals who share our values and are committed to making a positive impact in our industry.
If you are passionate about developing innovative and customized solutions that help our clients achieve financial security and peace of mind, and you have a track record of success in developing and managing investment-linked life insurance products and solutions, we encourage you to apply for this exciting opportunity.