Insurance Product Developer
- wolverhampton, west midlands, WV1 1AA, United Kingdom
- Permanent·Remote
- Full time
- £55,000 - £55,000 Per Annum
Job Description
About the Role
Our client is seeking an innovative and strategic Insurance Product Developer to join their team, working entirely remotely. This role is responsible for conceptualizing, designing, and launching new insurance products and enhancing existing ones to meet evolving market demands and customer needs. You will collaborate closely with various departments, including actuarial, marketing, legal, and IT, to bring successful products to market. This is an exciting opportunity for a creative thinker with a strong understanding of the insurance landscape to drive product innovation and contribute significantly to the company's growth from a remote setting.
Key Responsibilities
- Conduct market research and analysis to identify opportunities for new insurance products and improvements to existing ones.
- Design product features, benefits, pricing structures, and policy terms in collaboration with actuarial and underwriting teams.
- Develop comprehensive product specifications and documentation for internal and external stakeholders.
- Manage the end-to-end product development lifecycle, from concept to launch and ongoing performance monitoring.
- Coordinate cross-functional teams to ensure timely and successful product launches and updates.
- Monitor product performance, customer feedback, and market trends to recommend strategic adjustments.
Requirements
- Proven experience in insurance product development , management, or a related role within the financial services industry.
- Strong understanding of insurance principles, product design, and the regulatory environment.
- Excellent analytical, research, and project management skills.
- Creative thinking and a passion for innovation in product development.
- Exceptional communication and stakeholder management abilities.
- Experience working in a fully remote or distributed team environment is preferred.
Benefits
- Competitive salary and performance-based incentives.
- Fully remote work arrangement offering maximum flexibility.
- Comprehensive health, dental, and vision insurance.
- Generous paid time off and company holidays.
- Opportunities for professional development and continuous learning in the insurance product field.


