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Platform Product Manager (Insurance Commission)

  • Full Time
  •  On-Site - Singapore
  • 6 months
  • Project posted on: 28/11/2025
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Platform Product Manager (Insurance Commission)

  • Product
  • Product Strategy & Roadmap
  • Product Research
  • Product Development Lifecycle Management

On-Site - Singapore

Full Time

6 months

 28/11/2025

Assignment Details

Our client, a leading global investment firm, is looking for a Product Manager to support the build-out of a commission management platform within their Singapore insurance distribution business.

Key Responsibilities

Product strategy & roadmap

  • Own the product vision and roadmap for the commission platform (phase 1 and beyond).
  • Define clear, measurable outcomes (accuracy, timeliness, configurability) and hold the team to them.
  • Prioritise across features, technical debt, and integrations based on value and risk.

Requirements & domain modelling

  • Work with Sales/Agency, Compensation, Finance, and Compliance to map current commission schemes, recruitment packages, bonuses, and clawback rules.
  • Translate spreadsheet-driven practices into explicit rule definitions, data requirements, and process flows.
  • Define and document core domains: advisor & hierarchy, product & rules, policy/transaction model, commission events, payouts.

Backlog ownership & delivery

  • Own the product backlog: write epics, user stories, and acceptance criteria for the commission engine, rule configuration, ingestion flows, reconciliation, payouts, and portals.
  • Work closely with the Tech Lead to break work into thin, testable slices (e.g., pilot insurer/product, parallel runs).
  • Make day-to-day trade-off decisions to keep delivery moving while protecting core quality.

Stakeholder management

  • Act as the bridge between business and tech:
  • Sales/Agency & Sales Ops / Compensation
  • Finance & Payroll
  • Compliance / Risk
  • Facilitate design and decision workshops; drive alignment on rule interpretations, exception handling, and rollout plans.
  • Regularly communicate progress, risks, and decisions to senior stakeholders.

Testing, parallel runs & go-live

  • Design and coordinate golden test datasets and parallel run scenarios with Sales Ops, Finance, and agency leaders.
  • Define acceptance criteria for each rollout slice (variance thresholds, stability, reconciliation performance).
  • Work with QA/engineering to ensure regression packs reflect real-world complexity (free-look, lapses, hierarchy changes, recruitment packages, BSC decisions).

Governance & change management

  • Define and run the commission rule change process (request, impact analysis, approval, deployment).
  • Help establish decision forums (design authority, rule approval authority, go-live gatekeepers).
  • Shape the advisor and internal change-management approach: statements, FAQs, dispute processes.

Skills Required

Required Experience & Skills
 

Domain & Industry

5–10 years in Product Management / Ownership in financial services, ideally in insurance distribution, bancassurance, IFA networks, or wealth/brokerage/compensation platforms.

Strong knowledge of at least one: sales compensation/commission schemes, insurance products (ILP, term, whole life, riders, renewals), or financial advisor/agency distribution models.

Experience in Singapore or similar regulated markets preferred.
 

Product & Delivery Skills

Proven experience delivering complex back-office/platform products (not just front-end features).

Comfortable with data- and rules-heavy products (engines, workflows, configuration).

Able to create clear artefacts: requirements, domain models, user journeys, process maps.

Experience with migrations from legacy systems is a plus.

Nice-to-Have

Experience with commission/incentive management systems (Callidus, Xactly, Varicent, or in-house).

Prior work on rule engines, pricing/configuration engines, or greenfield platform builds.

Familiarity with MAS regulations, BSC/BSD frameworks, and local insurance distribution practices.

About the Client

A leading global investment firm

Industry

Financial & Investment, IT Services & Consulting

Experience Required:

7+ years

Additional Skills:

  • Product Owner
  • Insurance products
  • Platform Products
  • Fintech
  • Product Roadmap
  • Insurance Distribution
  • Product Manager
  • Product strategy

No of open positions:

1

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