Product Manager

29 March 2024

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 6 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 pocess 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.

If you are interested in this role, click on the “Apply to this job” button below or you could also write in with your CV to Bhagyalakshmi T at bhagya.t@sciente.com quoting the job title.