Product Management, Principal

Posted One Month Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Senior level
Insurance • Financial Services
The Role
Leads strategic planning, portfolio prioritization, product roadmaps, technology cost management, and full product lifecycle delivery. The role coordinates business and IT stakeholders, guides engineering execution, manages product requirements and testing, oversees delivery quality and financial planning, and supports governance, reporting, mentorship, and team capability development.
Summary Generated by Built In

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

As pioneering innovators for over 100 years, we’re now transforming our organisation to be faster, simpler and more connected. Because we want to be even better equipped to develop digital solutions and experiences that help more people live Healthier, Longer, Better Lives.

To get there, we need people with tech/digital/analytics expertise and passion to help develop positive, sustainable change through digitally enhanced experiences that will impact the lives of millions of people and create a healthier future for everyone.

If you believe in developing a better tomorrow, read on. 

About the Role

The Principal, Product Management is responsible for leading the strategic planning, development, and delivery of technology products that support business objectives. This role oversees the full product lifecycle, from ideation to execution, ensuring alignment with business priorities, operational efficiency, and customer satisfaction. The incumbent will drive quarterly portfolio planning, manage total technology cost ownership, and lead cross-functional teams to deliver high-quality, innovative solutions. As a senior leader, the role also includes governance, stakeholder engagement, and people development responsibilities.

Roles and Responsibilities: 

Strategic Planning (10%) 

  • Formulate and drive long- and mid-term strategic plans aligned with IT and business priorities. 

  • Lead and influence a culture of cost-efficient, agile, and flexible delivery of IT solutions. 

  • Establish policies, procedures, and best practices to build a center of excellence for product delivery. 

  • Identify and develop leadership and individual contributors to build a high-performing team. 

 

Portfolio Management (20%) 

  • Lead quarterly portfolio backlog prioritization and review with business stakeholders. 

  • Manage total technology cost ownership for the portfolio, including operating and capital expenditure. 

  • Co-own business and technology OKRs and ensure alignment with strategic goals. 

  • Chair Big Room Planning sessions for portfolio prioritization and delivery planning. 

  • Provide weekly progress highlight reports to Project Sponsor, Project Owner, Portfolio Lead, and PMO. 

  • Manage and influence relationships with senior leadership, vendors, Group IT, and business partners. 

 

Product Management (30%) 

  • Own the product roadmap and ensure alignment with business strategy and innovation goals. 

  • Lead cross-functional engagement across IT and business to manage the full product lifecycle. 

  • Prepare ROP/business cases with Business Product Owners and follow the approval process. 

  • Drive prioritization of demand and ensure timely execution by software engineering teams. 

  • Create detailed product specifications (UI/UX, FSD) and manage testing, feedback, and delivery. 

  • Track and measure product success, including post-launch evaluations and continuous improvement. 

  • Ensure clarity of requirements and manage change control processes effectively. 

 

Delivery Management (25%) 

  • Provide direction, clarification, and decision-making support to avoid delays and misalignment. 

  • Accept or reject work outputs based on quality and alignment with product goals. 

  • Continuously refine the product backlog based on evolving business needs and feedback. 

  • Optimize delivery resources and manage financial planning for product execution. 

 

Informal People Development & Mentorship (15%) 

  • Act as a mentor and role model to junior team members, providing guidance, coaching, and support to help them grow in both technical and professional capabilities. 

  • Share knowledge, best practices, and product management expertise to uplift team performance and foster a collaborative learning environment. 

  • Informally support resource planning and skill development by identifying capability gaps and recommending development opportunities. 

  • Contribute to building a high-performance culture by encouraging quality mindset, ownership, and continuous improvement across the team. 

  • Collaborate with people managers to provide input on team development needs and succession planning where relevant. 

Minimum Job Requirements: 

  • Degree in IT from an accredited institution.  

  • 7-8 years of experience in IT Product or Engineering environment, with 5-8 years in supervisory experience on the supported IT domain.  A good understanding of the insurance business and its success drivers. 

  • Strong track record of managing a business engagement or customer relationship function within a large organization 

  • Extensive experience of working across business functions and understanding differing operational constraints and demands 

  • Demonstrable experience of working at the most senior levels of large and complex organizations 

  • Sound experience in managing IT projects, business analysis and organizational/ business change. 

  • Experienced in the identification, assessment and management of project risks. 

  • Strong strategic thinking and analytical skills. 

  • Accountable for the delivery of outcomes, strives to meet and exceed stakeholders’ expectations.   

  • Able to influence key stakeholders to align on strategic priorities and drive business outcomes. 

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

Skills Required

  • Degree in Information Technology from an accredited institution
  • 7–8 years of experience in an IT product or engineering environment
  • 5–8 years of supervisory experience in the supported IT domain
  • Good understanding of the insurance business and its success drivers
  • Strong track record managing business engagement or customer relationship functions within a large organization
  • Extensive experience working across business functions and understanding operational constraints and demands
  • Experience working with senior leaders in large and complex organizations
  • Experience managing IT projects, business analysis, and organizational or business change
  • Experience identifying, assessing, and managing project risks
  • Strong strategic thinking and analytical skills
  • Ability to deliver outcomes and meet or exceed stakeholder expectations
  • Ability to influence stakeholders, align strategic priorities, and drive business outcomes
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The Company
HQ: Hong Kong
25,938 Employees
Year Founded: 1919

What We Do

AIA Group Limited is a multinational insurance and financial services corporation headquartered in Hong Kong, providing life insurance, savings, and health protection products across the Asia-Pacific region.

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