LazPay Insurance Associate-BGC
Department:
Commercial
Location:
Philippines
Department: Commercial
Location: Philippines
Job Description
The role
LazPay is the payments and financial services arm of Lazada and is part of the Financial and Payment Business organization of Alibaba International Digital Commerce (AIDC). LazInsure is a growing business unit that focuses on providing embedded insurance solutions within AIDC's e-commerce platforms. We are looking for a customer centric and motivated individual to help with operations and insights to drive the best user experience for Lazada buyers who avail of our insurance products

Key Tasks & Responsibilities
- Leads the identification and development of business opportunities by doing market opportunity sizing and development of business cases;
- Own end to end process of operating and launching insurance products for Lazada in the Philippines
- Deliver sales of products, programs, and services through e-commerce platform embedded sales and other channels as measured by net revenue
- Setup Customer Segmentation, Strategy, and Retention including insights and business intelligence with support of internal Business intelligence team;
- Lead in driving the expansion of products and services through partnerships and vendor selection
- Regularly monitor market and benchmark against competition, track regulatory landscape changes, as well as overall InsurTech developments locally and globally
- Oversees communication with internal units regarding updates or changes to the products and manages key stakeholders within Alibaba International Digital Commerce
- Manage relationships with insurance partners, assisting with the preparation of contractual agreements and ensure that these are fully adhered to as needed
- Drive win-win negotiations between Lazada and insurance partners· Contribute to category performance management and deliver insights to senior management
- Prepare for and assist with the implementation of regular campaigns and initiatives
- Identify and champion product improvements
- Any other duties that may be assigned
Job Requirements
Qualifications & Skills
- Bachelor's/College Degree and at least 2 years of experience
- Excellent relationship and networking skills and the ability to find and nurture business opportunities;
- Effective written, verbal communication, and presentation skills as well as stakeholder management
- Strong analytical skills, project management and digital product operations experience are preferred

Requirements/Qualifications(good to have):
- A good understanding of the Insurance Tech as well as the Non-Life Insurance industry landscape in the Philippines;
- Has previous experience in insurance industry either via traditional or digital channels
- Previous E-commerce experience (big plus)
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