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AU Small Finance Bank Product Manager Health Insurance Segment

0.00 to 10.00 Years   Mumbai, Maharashtra   07 Jun, 2024
Job LocationMumbai, Maharashtra
EducationNot Mentioned
SalaryNot mentioned
IndustryNot mentioned
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

Product related responsibility:- Develop new Group Health insurance products along with Partner Product team- Ability to work with Insurance partners teams like Actuary, Pricing, Products, Compliance, Technology to conceptualize and create new product propositions on LI for Bank Customers- Performance monitoring of insurance products across sales metrics, report costs, commissions and general insurance reporting working closely with the Business- Do the market benchmarking of Retail Health Insurance Products for business TeamTech related responsibility:- Has an in-depth understanding and knowledge of a few key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.- Designing smooth and innovative Health Insurance customer journeys on all digital platforms- Understanding of APIs/Web services / Tech platforms will be preferred- Driving Health insurance business through website , chatbot and other point of sales- Designing product communication on all digital platforms and Health Insurance sales enablement- Making BRD for the change requests , new developments & building business testing scenarios and UAT execution- Working with project teams for sample testing and managing end-to-end product/feature creation delivery- Owning project scope, milestone, timelines, and deliverables and ensuring project progress through regular reviews updatesDigital Business-Related Responsibility:- Identifying, prioritizing and delivering product/journey improvements to improve usability and customer experience.- Understanding of customer segmentations, LI Product structuring, pricing, regulations etc a strong experience in overseeing all elements of the product development lifecycle is an advantage.- Designing product communication on all digital platforms and Life sales enablement- Design and drive Life business campaignsQualifications : BTech or MBA with relevant 4 to 6 Years of experience Life Insurance Product designing and acquisition with proven track record of delivery of new products and features .Functional Competencies :- Ability to influence people at all levels across a broad variety of job functions- Thorough understanding of Life Insurance underwriting, Pricing, Third Party Pricing, Geographical impact- Structured thinker, effective communicator with excellent written communication skills and willingness to ask awkward questions- Demonstrated ability to manage tight delivery timelines and calmness under intense pressure- Commitment and self-motivation suitable to a start-up team in a large organizationBehavioral Competencies :- Proactive, agile and highly responsive towards achieving goals - leveraging key strengths and capitalizing on opportunities with a keen sense of urgency- Strong interpersonal skills, able to successfully build and maintain networking relationships (both formal and informal)- Problem Solver overcomes issues and barriers to implement complex solutions- Persistent and resilient to resolve complex problems that requires negotiation.- Continuously strives for excellence and improvement IIM Jobs

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