2 Lead Insurance Product Development Specialist jobs in whatjobs

Lead Insurance Product Development Specialist

40100 Kisumu KES310000 Annually WhatJobs

Posted 20 days ago

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Job Description

full-time
Our client is seeking an innovative and experienced Lead Insurance Product Development Specialist to spearhead the creation and refinement of new insurance products. This is a fully remote position, offering a unique opportunity to shape our client's product portfolio from your home office. You will be responsible for the end-to-end product lifecycle, from conceptualization and market research through to design, implementation, and ongoing performance monitoring. Your key responsibilities will include identifying market needs and emerging trends, conducting feasibility studies, and developing compelling product concepts that meet customer demands and regulatory requirements. You will collaborate closely with various internal departments, including underwriting, actuarial, claims, marketing, and legal, to ensure seamless product development and launch. The ability to translate complex insurance principles into user-friendly and competitive product offerings is crucial. You will analyze market data, competitor offerings, and customer feedback to inform product design and pricing strategies. Developing clear product documentation, policy wordings, and training materials for sales and service teams will be a core part of your role. This position requires a deep understanding of insurance products, market dynamics, and regulatory frameworks. Strong analytical, strategic thinking, and project management skills are essential for driving product initiatives from inception to successful market introduction. The ideal candidate will possess exceptional communication and collaboration skills, with a proven ability to influence stakeholders and build consensus in a remote team setting. You should be highly motivated, organized, and capable of managing multiple complex projects simultaneously. A dedicated home office with a stable internet connection is a prerequisite for this role. The target location for this role, for organizational purposes, is **Kisumu, Kisumu, KE**. If you are a forward-thinking insurance professional with a passion for innovation and a desire to drive product strategy in a remote-first environment, we encourage you to submit your application.
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Lead Insurance Product Development Specialist

80200 Casuarina KES260000 Annually WhatJobs

Posted 10 days ago

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Job Description

full-time
Our client is seeking an experienced and forward-thinking Lead Insurance Product Development Specialist to spearhead the creation and enhancement of innovative insurance products. This is a fully remote position, offering the flexibility to work from anywhere while contributing to a dynamic and growing industry. You will be responsible for conducting comprehensive market research, identifying emerging trends, and translating customer needs into profitable and competitive insurance offerings. This includes developing new policy structures, features, and pricing strategies for various lines of insurance, such as property, casualty, life, and health. You will collaborate closely with actuarial, underwriting, legal, marketing, and sales teams to ensure product viability, regulatory compliance, and successful market launch. The ideal candidate possesses a deep understanding of insurance principles, regulatory frameworks, and market dynamics across different regions. A proven track record in product management, underwriting, or a related actuarial field is essential. You should be adept at analyzing financial data, assessing risk, and forecasting product performance. Strong project management skills are required to guide products through their entire lifecycle, from ideation to implementation and ongoing review. This role demands excellent analytical, problem-solving, and communication abilities, as well as the capacity to work independently and lead virtual teams effectively. You will be instrumental in driving product innovation and maintaining our client's competitive edge in the insurance market. We are looking for a strategic thinker who is passionate about creating solutions that provide value to customers and stakeholders. The ability to navigate complex regulatory environments and adapt to changing market conditions is paramount. This is a fantastic opportunity to make a significant impact on the company's strategic direction and product portfolio.
Responsibilities:
  • Design and develop new insurance products and enhance existing ones.
  • Conduct market research and competitor analysis to identify opportunities.
  • Develop product strategy, roadmap, and business cases.
  • Collaborate with actuarial, underwriting, legal, and marketing teams.
  • Ensure product compliance with all relevant regulations.
  • Develop pricing models and product features.
  • Manage the product lifecycle from ideation to launch and post-launch evaluation.
  • Provide subject matter expertise on insurance products and market trends.
Qualifications:
  • Bachelor's degree in Business Administration, Finance, Actuarial Science, or a related field.
  • Minimum of 6 years of experience in insurance product development, management, or underwriting.
  • Strong understanding of insurance principles, products, and market trends.
  • Knowledge of insurance regulations and compliance requirements.
  • Excellent analytical, quantitative, and problem-solving skills.
  • Proficiency in project management and market research techniques.
  • Strong communication, presentation, and interpersonal skills.
  • Ability to work independently and manage multiple projects in a remote setting.
  • Relevant professional certifications (e.g., CPCU, FLMI) are a plus.
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