Retail and Corporate Insurance Product Design Expert
4 weeks ago
Role Overview
At Outsized, we're committed to delivering exceptional consulting services to our clients in the financial services and management consulting sectors. We're currently working with a global consulting firm to find an experienced professional to lead a high-impact project in the Kingdom of Saudi Arabia (KSA).
Project Description
The project's primary objective is to develop and launch new insurance products for both retail and corporate clients in the KSA market. This requires a deep understanding of insurance product development, reinsurance, and distribution channel optimization. The successful candidate will work closely with cross-functional teams to ensure the successful development and execution of these initiatives.
Key Responsibilities
- Collaborate with product and underwriting teams to design and launch new retail and corporate insurance products.
- Lead the development of interactive digital portals for SMEs and corporate clients.
- Work closely with technology teams to implement scalable and robust platforms for product delivery and customer interaction.
- Partner with sales and distribution teams to optimize channels and ensure the efficient delivery of new insurance products.
- Oversee the process of setting up a reinsurer, including coordinating with relevant stakeholders to structure and implement a strategic reinsurance framework.
- Drive the project from concept to execution, ensuring all departments are aligned with strategic goals and project deliverables.
- Support the optimization of reinsurance arrangements, ensuring the client's corporate insurance portfolio is well-structured and aligned with risk management and market objectives.
- Provide expert advice on channel optimization, including identifying opportunities to expand distribution channels and enhance customer acquisition strategies.
Requirements
The ideal candidate will have 10+ years of experience in retail and corporate insurance product development, with a strong focus on reinsurance and distribution channel optimization. They will have a proven track record in launching successful insurance products in both retail and corporate markets, as well as experience in building digital portals and tools for SMEs and corporate clients. Strong project management skills, excellent communication and stakeholder management skills, and a proven ability to innovate and optimize channels for product distribution and customer acquisition are also essential.
Project Details
The project is based in Saudi Arabia and will run for 5 months with the possibility of extension based on project progress and client needs. This is an exceptional opportunity to work on a high-impact project with a global consulting firm, playing a key role in expanding the client's insurance offerings in the KSA market through product innovation, channel optimization, and strategic reinsurance initiatives.
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Kanpur, Uttar Pradesh, India Outsized India Private Limited Full timeJob Overview:Outsized India Private Limited is seeking a Retail and Corporate Insurance Product/Distribution Channel Expert for a 5-month contract in Saudi Arabia. The ideal candidate will have extensive experience in insurance product development, reinsurance, and distribution channel optimization.Key Responsibilities:Collaborate with product and...
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Kanpur, Uttar Pradesh, India Outsized India Private Limited Full timeAt Outsized, we connect clients in financial services and management consulting with high-quality independent consultants and boutique/specialist firms to execute their key projects.Our client, a global consulting firm, is seeking a Retail and Corporate Insurance Product Design Expert for a 5-month contractual role based in the Kingdom of Saudi Arabia (KSA)....
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