Product Manager - Life Insurance, Mumbai

<p class="MsoNormal"><b><span style="font-size:11pt;">Title: </span></b><span style="font-size:11pt;">Product Manager<br /></span><span style="font-size:11pt;"><b>Designation: </b>Chief Manager <b>/ </b></span><span style="font-size:11pt;">Assistant Vice President – Product Development<br /></span><b><span style="font-size:11pt;">Department: </span></b><span style="font-size:11pt;">Product<br /><b>Education:</b> MBA<br /><b>Work Experience:</b> 3 years +<br /><b>Work Location:</b> Goregaon (East), Mumbai</span></p><p></p> <p class="MsoNormal"><span style="font-size:11pt;"> </span></p> <p class="MsoNormal"><b><i><u><span style="font-size:11pt;">Key responsibilities</span></u></i></b></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">1.</span></b><span style="font-size:11pt;"> Competitive benchmarking and have intel about the product launches to share insights with the Senior Management on time to time basis.</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">2.</span></b><span style="font-size:11pt;"> Conceptualize and launch new product and enhance value proposition of existing products through re-pricing or feature enhancement in line with agreed Product Calendar for the year</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">3.</span></b><span style="font-size:11pt;"> Engage with cross-functional teams for operational and launch readiness of new product and functionalities</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">4.</span></b><span style="font-size:11pt;"> Pre-Align stakeholders in IT/Legal/Pricing/Marketing/Distribution/Training to ensure smooth and timely launch of products/solutions.</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">5.</span></b><span style="font-size:11pt;"> Responsible for timely launch of product across channels, product training (TTT) for trainers, customer service and other back end functions.</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">6.</span></b><span style="font-size:11pt;"> Conduct products data analysis and sketch distributor and customer patterns to identify trends and create strategical plan of action.</span></p><p></p> <p class="MsoNormal"><b><span style="font-size:11pt;">7.</span></b><span style="font-size:11pt;"> Timely reporting of regulatory reporting and manage accurate and timely responses to the product related queries. </span></p><p class="MsoNormal"><span style="font-size:11pt;">8.<span style="background-color:rgb(255,255,255);"> <font color="#000000"> </font></span></span><span style="font-size:11pt;background-color:rgb(255,255,255);"><font color="#000000">Manage end to end tech development of product & coordinate with multi stakeholders for smooth transitions</font></span></p><p></p> <p class="MsoNormal"><span style="font-size:11pt;background-color:rgb(255,255,255);"> </span></p> <p class="MsoNormal"><b><u><span style="font-size:11pt;">KEY COMPETENCIES/SKILLS REQUIRED</span></u></b></p><p></p> <ul style="margin-top:0in;" type="disc"> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Ability to work with cross functional teams and adapt in dynamic work environment</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Data interpretation skills (analytical in nature)</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Detail oriented, organized, critical thinker with strong work ethics</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Good interpersonal & communication skill</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Ability to manage multiple stakeholders and senior management</span></li><li class="MsoListParagraph" style="margin-left:0in;">Manage end to end tech development of product & coordinate with multi stakeholders for smooth transitions </li><li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Proficiency in MS PowerPoint, MS Word and MS Excel</span><p class="MsoNormal"><span style="font-size:11pt;"><br /></span><b style="font-size:14px;"><u><span style="font-size:11pt;">QUALIFICATION & WORK EXPERIENCE</span></u></b><b style="font-size:14px;"><span style="font-size:11pt;">:</span></b><span style="font-size:11pt;"> </span></p></li><li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Preference to candidates with MBA from a good business school with 3 years + work experience</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Life Insurance domain expertise with Product Development/Management experience</span><p></p></li> <li class="MsoListParagraph" style="margin-left:0in;"><span style="font-size:11pt;">Strong understanding of life insurance products and IRDAI regulations preferably with a prior experience in product development & management</span><p></p></li> </ul>