Open roleExternal

Insurance Product Developer

Posted by Placements24
nottingham, nottinghamshire, NG1 2GN, United Kingdom
Full time
Hybrid
£70,000 - £70,000 Per Annum

Job Description

About the Role

Our client is looking for an innovative and strategic Insurance Product Developer to join their hybrid team in Nottingham . This role is central to designing, developing, and launching new insurance products that meet market demands and align with the company's strategic goals. You will conduct market research, analyze competitor offerings, and collaborate with cross-functional teams to bring cutting-edge insurance solutions to life. The hybrid model supports both independent research and development remotely and collaborative brainstorming and strategy sessions in the office, fostering an environment where creativity and analytical rigor combine to shape the future of insurance offerings.

Key Responsibilities

Research market trends and customer needs to identify opportunities for new insurance products.
Design and develop innovative insurance products, defining coverage, pricing, and features.
Collaborate with actuarial, legal, marketing, and sales teams throughout the product lifecycle.
Prepare product specifications, documentation, and regulatory filings.
Monitor product performance post-launch and recommend enhancements.
Ensure product compliance with all relevant regulations and guidelines.
Develop go-to-market strategies for new product launches.

Requirements

Bachelor's degree in Business, Marketing, Finance, or a related field.
Proven experience in product development, preferably within the insurance industry .
Strong understanding of insurance products, market dynamics, and regulatory landscapes.
Excellent analytical, strategic thinking, and problem-solving skills.
Proficiency in market research and analysis techniques.
Strong project management and communication skills.

Benefits