Strategic Planning – Innovative Product at Remitly

Beijing, Beijing, China

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelor's degree or above, major in economics, finance, MBA, insurance, etc. is preferred
More than 10 years of experience in the insurance industry, with strategic thinking skills, including at least 5 years of responsibility for strategic design or business growth in the insurance industry
Experience in implementing strategies from scratch and being able to adapt to resource constraints in small and medium-sized companies (e.g. having led the entire process of innovative insurance products from market research to premium scale)
Excellent industry research capabilities, proficient in using SWOT, PEST, Porter's Five Forces and other analytical tools
Able to independently complete market size estimation, business analysis

Responsibilities

Industry research and analysis: Track the development of the insurance industry, conduct in-depth research on market trends, policies and regulations, competitive landscape and technological innovation of motor insurance and other insurance, and explore opportunities. Conduct sufficient market research, and provide data support for strategic decision-making
Monitor the impact of regulatory policies and the application of technology on the business, and quickly propose response strategies
Benchmark domestic and foreign innovation cases, and refine reusable business models
Strategy formulation and planning: Lead the formulation of the company's medium- and long-term development strategy for the next 3-5 years, and clarify the business growth path
Design resource allocation plans to ensure that the strategy is matched with implementation capabilities
Lead the decoding of the strategy, break down long-term goals into quarterly OKRs, and promote cross-departmental collaboration. Regularly review the progress of the strategy and propose dynamic adjustments
Resource integration and strategic cooperation: Establish an industry resource network (insurers, reinsurers, insurance technology companies, etc.) and promote cooperation opportunities and pilot projects
Evaluate potential targets for mergers and acquisitions or strategic investments (e.g., AI pricing teams for car insurance, TPA service providers for health insurance), and provide negotiation strategies

Skills

Key technologies and capabilities for this role

Strategic PlanningCorporate DevelopmentIndustry ResearchMarket AnalysisCompetitive AnalysisRegulatory AnalysisData MiningAnalytical ModelingProduct Validation

Questions & Answers

Common questions about this position

What is the salary for this position?

This information is not specified in the job description.

Is this role remote or does it require office work?

This information is not specified in the job description.

What skills are required for this strategic planning role?

The role requires excellent problem-solving skills, deep experience in the insurance industry, and abilities in industry research, strategy formulation, and resource integration.

What is the team culture like at LexisNexis Risk Solutions?

The team is part of a global analytics team serving the Chinese market, offering rapid engagement with the auto insurance industry, regular exchanges with 130+ global data science teams, and opportunities to build international perspectives.

What makes a strong candidate for this role?

Strong candidates are excellent problem solvers with insurance experience, capable of conducting industry research, formulating 3-5 year strategies, breaking them into OKRs, and building industry resource networks.

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters

2011Year Founded

$423.9MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.

AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.

Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.

The company leverages technology for a seamless user experience via its app and website.

Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.

AI agents in operations could reduce costs and improve Remitly's efficiency.

Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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