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Insurance Product Development Manager
- nottingham, nottinghamshire, NG1 1GT, United Kingdom
- Permanent·Hybrid
- Full time
- £75,000 - £75,000 Per Annum
Job Description
About the Role
Our client is seeking an innovative and strategic Insurance Product Development Manager to join their team in Nottingham . This crucial role involves conceiving, designing, and launching new insurance products and enhancing existing offerings to meet market demands and strategic objectives. You will conduct market research, analyse competitor products, and collaborate with various departments, including underwriting, sales, and marketing, to bring successful products to market. This hybrid role offers a unique opportunity to shape the future of the company's insurance portfolio in a collaborative and progressive work environment.
Key Responsibilities
- Lead the end-to-end development and launch of new insurance products.
- Conduct market research, competitor analysis, and customer needs assessment to identify opportunities.
- Define product features, pricing strategies, and distribution plans.
- Collaborate closely with underwriting, actuarial, legal, and marketing teams throughout the product lifecycle.
- Monitor product performance post-launch and implement improvements as necessary.
- Ensure all products comply with regulatory requirements and company standards.
Requirements
- Proven experience in insurance product development, management, or a related strategic role.
- Strong understanding of insurance markets, products, and industry trends.
- Excellent analytical, strategic thinking, and project management skills.
- Demonstrated ability to collaborate effectively across multiple departments.
- Strong communication and presentation skills.
- Experience working within a hybrid operational model is beneficial for this Nottingham -based role.
Benefits
- Highly competitive salary and executive bonus potential.
- Hybrid working model providing a balance of office and remote work.
- Significant influence on product strategy and company direction.
- Comprehensive benefits package, including health and pension schemes.
- Opportunities for professional growth and leadership development.