Insurance Product Developer

About the Role

Our client is seeking an innovative and strategic Insurance Product Developer to contribute to their product strategy from their Milton Keynes office. This role is responsible for the design, development, and launch of new insurance products and the enhancement of existing ones to meet evolving market demands and customer needs. You will work at the forefront of the insurance industry, identifying opportunities and translating them into competitive and profitable product offerings. This is a fantastic chance to shape the future of our client's product portfolio and drive business growth in Buckinghamshire .

Key Responsibilities

• Research market trends, customer needs, and competitor offerings to identify new product opportunities.
• Design and develop innovative insurance products, including policy wording, pricing structures, and operational processes.
• Collaborate with actuarial, legal, marketing, and sales teams throughout the product lifecycle.
• Manage the end-to-end product launch process, ensuring successful implementation and market uptake.
• Analyze product performance metrics and implement enhancements to optimize profitability and customer satisfaction.
• Ensure all products comply with relevant regulations and legal requirements.

Requirements

• Experience in insurance product development, management, or a related field.
• Strong understanding of insurance principles, product design, and market dynamics.
• Excellent analytical, strategic thinking, and project management skills.
• Proficiency in market research and data analysis techniques.
• Effective communication and stakeholder management abilities.
• A degree in business, finance, insurance, or a related discipline is preferred.

Benefits

• Competitive salary and bonus structure.
• Generous holiday entitlement and flexible working options.
• Private healthcare coverage and wellness benefits.
• Contribution to a stakeholder pension plan.
• A dynamic and innovative work environment with significant impact potential.