AM/DM-Product development (Life Insurance products)

4 - 9 Years
Pune

Job Description

Greetings

We have a job opportunity with a leading organisation in Pune

Please find below the job opportunity:

1. JOB PURPOSE

(Summarize in one statement why the job exists; and how it contributes to the overall objective of the company)

Responsible for Product Management - Day-1 & Day-2 functionalities

Ensure Regulatory Compliances

Lead and Drive Projects

1.  PRINCIPAL ACCOUNTABILITIES

(Accountabilities associated with the job)

 

  • Review of various technical documents like BRD, Benefit Illustrations, Product Specs, and Validation Documents etc.
  • Day to day management of portfolio of products within IT Systems and support to partnership team.
  • Weekly and monthly general reporting of the Product Development processes and addressing related queries.
  • Continuing development of depth of knowledge of specific product lines, including coverage innovations and pricing changes, and regulatory development
  • Handling product related queries from stakeholders
  • Handling Internal and External Audits
  • Handling projects and establishing smooth coordination with different stakeholders in the Product Development Process.

 

 

2.  MAJOR CHALLENGES

(Challenges faced on an on-going basis in carrying out the job)

 

  • Managing different stakeholders in Product Development Process
  • Process improvement
  • Driving projects independently
  • Understanding of life insurance products, regulation and pertaining laws
  • Ability to work in cross functional project teams and meet timelines.

 

3.  DECISIONS

(Key decisions taken by job holder at his/her end)

 

  • Jointly deciding on project timelines
  • Deciding on resolution to product related queries from stakeholders

 

 INTERACTIONS:

(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)

 

 

INTERNAL CLIENTS:

You need to interact with inside the organization to enable success in your day to day work

 

 

EDUCATIONAL QUALIFICATIONS:

  • Excellent drafting and communication skills.
  • Masters/MBA with Mathematics/Statistics in graduation.
  • Expertise in Advanced MS excel
  • Knowledge of any computer language will be of additional advantage
  • Must be able to independently lead projects
Please note: Candidates with experience in below mentioned sector would be preferred:
  • At least 5-7 years of experience in Life Insurance in Product Development/Product Configuration role.
  • Any past experience with reputed Consultant Group in Insurance domain will be excellent.
  • Must have handled and conversant with Advance Excel Techniques (VBA)
  • Any certification in Project Management, Insurance or Finance will be advantageous.

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Company Profile

TopGear Consultants Pvt Ltd.

Leading Recruitment Firm
View Contact Details+

Recruiter Name:Kusum

Contact Company:TopGear Consultants Pvt Ltd.

Salary

Not Disclosed by Recruiter

Industry

Insurance

Role Category

Production/Manufacturing/Maintenance

Role

Product Development Manager

Employment Type

Full Time, Permanent