Insurance Product Development Manager

About the Role

Our client is seeking an innovative and strategic Insurance Product Development Manager to lead their product strategy initiatives in Oxford . This role is responsible for conceptualising, designing, and launching new insurance products that meet market demands and drive business growth. You will collaborate closely with actuarial, marketing, sales, and legal teams to ensure products are competitive, profitable, and compliant. The ideal candidate will have a strong understanding of the insurance market, exceptional analytical skills, and a proven track record of successful product development. This is a high-impact role for a forward-thinking professional.

Key Responsibilities

• Lead the end-to-end process of insurance product development, from ideation to launch.
• Conduct market research and competitor analysis to identify opportunities for new products and enhancements.
• Develop business cases and financial models for new product proposals.
• Collaborate with actuarial teams to define pricing, reserving, and underwriting guidelines.
• Work with marketing and sales to develop product positioning, messaging, and go-to-market strategies.
• Ensure all new products comply with regulatory requirements and internal policies.
• Monitor product performance post-launch and recommend adjustments or improvements.

Requirements

• Extensive experience in product management or product development within the insurance industry .
• Strong understanding of insurance principles, market dynamics, and regulatory environments.
• Proven ability to analyse market trends, customer needs, and competitive landscapes.
• Excellent project management, leadership, and stakeholder management skills.
• Strong analytical and strategic thinking capabilities.

Benefits

• Attractive salary and executive-level benefits package.
• Hybrid working model offering flexibility.
• Significant opportunity to shape the future of the company's product offerings.
• Professional development and leadership training.
• A collaborative and innovative work culture.