Purpose:The jobholder will primarily be responsible for supporting the product development initiative of the organisation in conjunction with the Head – Product DevelopmentContextHe/ She will work closely with the marketing team, Actuarial team, Ops team, IT and the designate Sales channels to help design innovative and flexible products for the Company.Main Priorities:- Conduct competition benchmarking and create a competition library - Involve in complete life cycle of product development from preparing Draft Product Specs to getting the product live on all systems/peripherals - Create sales stories/combo solutions and publish product cracks; engage with the training team to disseminate information - Analysis of sales, identify improvement areas and pockets of excellence, disseminate information to the distribution team in a structured manner - Execute the distribution engagement initiative; regular interaction with FOS for feedback on products, marketing collateral and work to implement feedback - Create content and review marketing collateral - Maintain all regulatory requirements/hygieneQualifications:Minimum Graduate with 4-6 years of experience in life insurance industry. Preferably with experience in productsSkills/ Knowledge:- Strong analytical & numerate skills - Excellent communication skills - Strong market awareness - Should be well versed with product regulations - Hands-on experience of Life AsiaExperience:- Relevant experience in areas of product management - Exposure to a broad range of insurance products, have a strong understanding of the insurance industry in India - You should enjoy working independently in a fast paced and dynamic environment
Job Title
Product Development Manager (Insurance)