
Senior Life Insurance Product Development Manager
3 days ago
This pivotal position drives strategic initiatives, ensures operational excellence and supports business growth by aligning departmental goals with the company's overall vision.
The ideal candidate will oversee cross-functional teams, manage high-impact projects to enhance customer experience, regulatory compliance and profitability.
Key Responsibilities:- Product Ideation & Market Research: Develop innovative product ideas and conduct market research to identify opportunities.
- Product Design & Pricing Strategy: Design and price products to meet customer needs and ensure competitiveness.
- Internal Approvals & Governance: Obtain internal approvals and ensure governance compliance for new products.
- Regulatory Filing – IRDAI Coordination: Coordinate with regulatory bodies to ensure compliance and filing of necessary documents.
- Pre-Launch Preparation & Testing: Prepare and test products before launch to ensure quality and reliability.
- Go-to-Market strategies: Develop and execute go-to-market strategies to promote new products.
- Product Launch & Monitoring: Launch and monitor products to ensure they meet customer needs and expectations.
- Regulatory & Risk Management Post-Launch: Manage regulatory and risk issues post-launch to ensure continued compliance and success.
- Stakeholder Reporting: Provide regular reporting to stakeholders on product performance and progress.
Qualifications: Must be a postgraduate with 8+ years of experience in product development for life insurance. This role requires strong leadership and stakeholder engagement skills, as well as the ability to drive strategic initiatives and manage high-impact projects.
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