Product Manager

4 weeks ago


Mumbai Metropolitan Region, India Sciente Consulting Pvt Ltd Full time

We are looking for a Product Manager, for an insurance company, who will apply subject matter knowledge in product planning and execution throughout the product life cycle. The individuals in this group should have a keen eye for gaps in consumer product offerings and the innovative mindset to fill them. They are responsible for aligning stakeholders, prioritizing product feature and capabilities and defining a vision for a product.


Mandatory Skill(s)

  • Should hold 3 years to 7 years of product development experience.
  • Has demonstrated experience in life insurance product management.
  • Have strong analytical skills and proficiency in Excel.
  • Should process excellent communication and presentation abilities.
  • Has In-depth knowledge of insurance principles and industry trends.


Desirable Skill(s)

  • Have postgraduate degree, preferably in Economics, Statistics, Mathematics, or MBA/Marketing.
  • Competency in competitive benchmarking and maintaining a repository of competition products.
  • Should have expertise in collaborating with channel partners and understanding their business needs.
  • Track record of developing effective sales collaterals and optimizing product positioning.


Responsibilities

  • Strategic Planning: Collaborate on the planning, design, and development of product strategies aligning with the company's business objectives.
  • Product Development: Lead the development and filing of new insurance products as per the agreed-upon product planner within specified timelines.
  • Market Analysis: Provide timely publication of Monthly Competition Updates, Segment Analysis, and Competition Benchmarking. Maintain a repository of competition products.
  • Channel Partner Engagement: Regularly meet with channel partners to understand their product needs and offer support to achieve channel business targets.
  • Sales Collaterals: Develop sales collaterals and advisory tools to optimally position products in the market.
  • MIS Preparation: Create and maintain a comprehensive Product Management Information System (MIS) for effective decision-making.
  • Project Collaboration: Assist the project team on various initiatives, ensuring seamless integration of product strategies.


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Confidentiality is assured, and only shortlisted candidates will be notified for interviews.


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