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Insurance Product Development Manager
- derby, derbyshire, DE1 2GN, United Kingdom
- Permanent·Hybrid
- Full time
- £55,000 - £55,000 Per Annum
Job Description
About the Role
Our client is seeking an innovative and strategic Insurance Product Development Manager to lead the creation and enhancement of insurance products for their Derby -based operations. This role involves market research, competitor analysis, and collaboration with cross-functional teams to design and launch profitable and competitive insurance solutions. You will be instrumental in shaping the company's product portfolio and driving market share. This is an exciting opportunity for a seasoned professional with a deep understanding of the insurance market and a passion for developing market-leading products.
Key Responsibilities
- Conduct market research and analysis to identify opportunities for new insurance products.
- Develop and manage the product lifecycle, from concept to launch and ongoing management.
- Collaborate with underwriting, actuarial, marketing, and sales teams to ensure product success.
- Define product features, benefits, pricing strategies, and distribution plans.
- Monitor product performance and implement adjustments to meet business objectives.
- Ensure all new products comply with regulatory requirements and company standards.
Requirements
- Significant experience in insurance product management, development, or strategy.
- Strong understanding of the insurance lifecycle and various insurance lines.
- Excellent analytical, strategic thinking, and project management skills.
- Proven ability to collaborate effectively with diverse teams and stakeholders.
- Strong communication and presentation skills.
- Relevant degree or professional qualification in insurance, business, or a related field.
Benefits
- Attractive salary and bonus structure.
- Hybrid working arrangement combining office and remote work flexibility.
- Comprehensive benefits including private medical insurance and pension.
- Significant opportunities for career growth and leadership development.
- Be at the forefront of innovation in the insurance industry in Derbyshire .
- A dynamic and collaborative work environment.