7 Senior Insurance Product Development Manager jobs in whatjobs
Senior Insurance Product Development Manager
Posted 20 days ago
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Job Description
Senior Insurance Product Development Manager
Posted 20 days ago
Job Viewed
Job Description
Key Responsibilities:
- Lead the end-to-end product development lifecycle, from ideation and feasibility studies to launch and post-launch review.
- Conduct comprehensive market research, competitor analysis, and customer segmentation to identify opportunities.
- Design and develop innovative insurance products that meet market demands and align with company strategy.
- Collaborate with actuarial, underwriting, legal, marketing, and sales teams to ensure product viability and successful execution.
- Develop detailed product specifications, pricing guidelines, and policy wordings.
- Ensure all product designs comply with relevant regulatory requirements and legal standards.
- Monitor product performance post-launch and implement necessary adjustments or enhancements.
- Develop business cases and financial models to support new product initiatives.
- Stay abreast of industry trends, emerging risks, and technological advancements impacting the insurance sector.
- Present product proposals and strategies to senior management for approval.
This is a fully remote position, demanding exceptional strategic thinking, project management skills, and strong interpersonal communication. The ability to influence stakeholders and manage complex projects across different functional areas is crucial. While the role is remote, it is integral to supporting the insurance operations of our client, with a focus that may include areas around **Mombasa, Mombasa, KE**. A Bachelor's degree in Business, Finance, Marketing, or a related field is required, along with a minimum of 7 years of experience in insurance product development, management, or a closely related field.
Senior Insurance Product Development Manager
Posted 14 days ago
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Job Description
Responsibilities:
- Lead the end-to-end development and launch of new insurance products.
- Conduct market research, competitive analysis, and customer needs assessment.
- Define product strategy, features, pricing, and policy terms.
- Manage cross-functional teams throughout the product development lifecycle.
- Ensure compliance with all relevant insurance regulations and legal requirements.
- Collaborate with actuarial, underwriting, and claims teams to refine product offerings.
- Develop go-to-market strategies and support marketing and sales initiatives.
- Monitor product performance and implement enhancements post-launch.
- Stay informed about industry trends, emerging risks, and technological innovations.
- Present product proposals and updates to senior management.
- Bachelor's degree in Business, Finance, Actuarial Science, or a related field. A Master's degree is a plus.
- Minimum of 6 years of experience in insurance product development, management, or a related role.
- In-depth knowledge of insurance principles, products, and the regulatory environment.
- Proven experience leading cross-functional teams and managing complex projects.
- Strong analytical, strategic thinking, and problem-solving skills.
- Excellent communication, presentation, and stakeholder management abilities.
- Familiarity with actuarial concepts and financial modeling is beneficial.
Senior Insurance Product Development Manager
Posted 13 days ago
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Job Description
Key Responsibilities:
- Develop and execute strategic plans for new and existing insurance product offerings.
- Conduct thorough market research, competitive analysis, and customer needs assessments.
- Lead the design and development of innovative insurance products across various lines of business.
- Collaborate closely with actuarial teams on pricing, reserving, and profitability analysis.
- Work with underwriting teams to establish clear guidelines and risk appetite for new products.
- Partner with marketing and sales teams to develop go-to-market strategies and promotional materials.
- Ensure all product designs comply with relevant industry regulations and legal requirements.
- Manage the product development process from concept to launch, ensuring timely delivery.
- Monitor product performance post-launch, analyzing key metrics and identifying opportunities for improvement.
- Liaise with IT and operations teams to ensure seamless system integration and customer experience.
- Present product proposals and updates to senior management and stakeholders.
- Stay abreast of industry trends, emerging risks, and technological advancements in insurance.
- Provide guidance and mentorship to junior product development staff.
- Manage product roadmaps and prioritize development initiatives.
Qualifications:
- Bachelor's degree in Business, Finance, Economics, Actuarial Science, or a related field.
- Minimum of 8 years of experience in insurance product development, management, or a related role within the insurance industry.
- Proven track record of successfully launching and managing insurance products.
- Strong understanding of insurance principles, underwriting, actuarial concepts, and regulatory environments.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Exceptional communication, negotiation, and stakeholder management abilities.
- Ability to work independently and manage multiple complex projects in a remote setting.
- Proficiency with standard office software and experience with project management tools is desirable.
- Relevant professional certifications (e.g., FLMI, CPCU) are a plus.
- Familiarity with digital transformation initiatives in the insurance sector.
This fully remote position offers a significant opportunity to shape the future of insurance products for our client. Join a collaborative team dedicated to innovation and excellence in the financial services sector.
Senior Insurance Product Development Manager
Posted 17 days ago
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Job Description
Responsibilities:
- Lead the end-to-end development and lifecycle management of new insurance products, from ideation to launch and ongoing refinement.
- Conduct comprehensive market analysis, competitive intelligence gathering, and customer needs assessments to identify opportunities for product innovation.
- Collaborate with actuarial teams to develop pricing structures, risk models, and policy terms and conditions.
- Work closely with underwriting and claims departments to ensure products are feasible, profitable, and meet operational capabilities.
- Partner with legal and compliance teams to ensure all products adhere to regulatory requirements and industry standards.
- Develop compelling product value propositions and go-to-market strategies in collaboration with the sales and marketing teams.
- Manage cross-functional project teams, ensuring timely execution of product development milestones.
- Monitor product performance, gather feedback, and recommend adjustments to optimize profitability and market competitiveness.
- Stay abreast of emerging trends, technologies, and regulatory changes impacting the insurance industry.
- Present product proposals, business cases, and performance updates to senior leadership.
- Bachelor's degree in Business, Finance, Actuarial Science, or a related field. Advanced degree or relevant certifications (e.g., CPCU) are highly desirable.
- Minimum of 9 years of experience in the insurance industry, with at least 5 years specifically in product development, management, or strategy.
- In-depth knowledge of various insurance lines (e.g., Life, Health, P&C) and their respective markets.
- Proven experience in launching successful new insurance products and managing their lifecycle.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent project management abilities, with a track record of managing complex projects with multiple stakeholders.
- Exceptional written and verbal communication skills, with the ability to influence and present to diverse audiences.
- Demonstrated ability to work effectively in a remote, collaborative team environment.
- Strategic thinker with a strong understanding of market dynamics and customer needs.
- Proficiency in industry-standard software and data analysis tools.
Senior Insurance Product Development Manager
Posted 5 days ago
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Senior Insurance Product Development Manager
Posted 4 days ago
Job Viewed
Job Description
Key Responsibilities:
- Lead the end-to-end development lifecycle of new insurance products, from ideation to launch.
- Conduct market research and competitive analysis to identify product opportunities and gaps.
- Collaborate with actuarial teams to develop pricing models and assess product profitability.
- Work with underwriting teams to define risk appetite and product guidelines.
- Develop product specifications, policy wordings, and marketing collateral in conjunction with relevant departments.
- Ensure all product designs and documentation comply with relevant insurance regulations and legal requirements.
- Manage product implementation projects, coordinating across various internal teams and external stakeholders.
- Monitor product performance post-launch, analyzing sales data, claims experience, and customer feedback for continuous improvement.
- Stay abreast of industry trends, technological advancements, and regulatory changes impacting the insurance landscape.
- Develop and deliver training to sales and customer service teams on new product features and benefits.
- Contribute to the overall product strategy and roadmap for the company.
The ideal candidate will possess a Bachelor's degree in Finance, Actuarial Science, Business, or a related field, with an advanced degree or relevant professional certifications (e.g., CPCU) being highly desirable. A minimum of 7 years of experience in insurance product development, management, or a related role is required. Demonstrated success in launching successful insurance products is essential. Strong understanding of insurance principles, market dynamics, and regulatory frameworks is critical. Excellent analytical, project management, and communication skills are necessary. As this is a fully remote position, candidates must possess strong self-management, organizational skills, and the ability to collaborate effectively in a virtual environment. You should be proactive, detail-oriented, and capable of managing complex projects with minimal supervision. This is an exciting opportunity to shape the future of insurance products within a forward-thinking organization.
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