Insurance Product Development Manager

About the Role

Our client seeks an innovative Insurance Product Development Manager to lead the creation and enhancement of insurance products from their base in Cardiff . This role requires a strategic thinker who can identify market opportunities, develop competitive product strategies, and manage the entire product lifecycle from conception to launch. You will collaborate with actuarial, marketing, sales, and compliance teams to ensure products meet customer needs, regulatory requirements, and business objectives. This is a key position for someone passionate about shaping the future of insurance offerings and driving market share.

Key Responsibilities

• Conduct market research and analysis to identify new product opportunities and trends.
• Develop and implement strategic plans for new and existing insurance products.
• Collaborate with cross-functional teams to design product features, pricing, and policy wording.
• Manage the product launch process, including training, marketing materials, and sales support.
• Monitor product performance, gather customer feedback, and drive continuous improvement initiatives.
• Ensure all product developments comply with relevant regulations and legal frameworks.

Requirements

• Significant experience in insurance product management or development.
• Strong understanding of the insurance market, including customer needs and competitive landscape.
• Proven track record of successfully launching and managing insurance products.
• Excellent analytical, strategic thinking, and project management skills.
• Ability to effectively communicate and influence stakeholders at all levels.
• Degree in business, finance, insurance, or a related field is preferred.

Benefits

• Competitive salary and potential for annual bonuses.
• Comprehensive benefits including health insurance and retirement plans.
• Significant opportunities for career advancement and leadership development.
• A dynamic and collaborative work culture in Cardiff .
• Support for professional development and industry certifications.