Insurance Product Developer

About the Role

Our client seeks an innovative Insurance Product Developer to join their dedicated team based in Milton Keynes . This role is central to the creation and enhancement of insurance products that meet evolving market demands and customer needs. You will conduct market research, analyze competitor offerings, and collaborate with actuarial, legal, and marketing departments to design and launch successful new products. This position is integral to maintaining our client's competitive edge in the insurance sector, requiring a strategic mindset and a deep understanding of product lifecycle management.

Key Responsibilities

• Lead the design, development, and implementation of new insurance products across various lines of business.
• Conduct comprehensive market research and competitive analysis to identify opportunities and gaps.
• Collaborate with cross-functional teams, including actuarial, legal, marketing, and sales, throughout the product development lifecycle.
• Ensure all product offerings comply with regulatory requirements and company standards.
• Develop product documentation, training materials, and launch plans.
• Monitor product performance post-launch and recommend adjustments for optimization.

Requirements

• Bachelor's degree in Business, Marketing, Finance, or a related field.
• Demonstrated experience in insurance product development or management.
• Strong understanding of the insurance industry, market dynamics, and customer needs.
• Excellent project management and analytical skills, with the ability to manage multiple initiatives.
• Proficiency in data analysis and reporting tools.
• Exceptional communication and presentation skills to effectively convey product strategies and features.

Benefits

• Attractive salary package with performance-related bonuses.
• Opportunity to work within a well-established financial hub in Milton Keynes .
• Comprehensive benefits including health, life assurance, and a competitive pension plan.
• Significant investment in employee training and career advancement.
• A collaborative and forward-thinking work environment focused on innovation.