Deputy Manager - Product Management

Product Manager (New Product Development)

Designation: Deputy Manager/Manager

New Product Development (NPD) Unit is a focal team for ideating, planning and ensuring readiness and launch of new product/proposition in Max Life Insurance.

Key responsibilities of Product Manager in New Product Development Unit as follows:

1. Strategize and develop product roadmap for Max Life Insurance through field in-sighting, primary and secondary research
2. 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
3. Engage with cross-functional teams for operational and launch readiness of new product and functionalities
4. Pre-Align stakeholders in IT/Legal/Pricing/Marketing/Distribution/Training to ensure smooth and timely launch of products/solutions.
5. Responsible for timely launch of product across channels, product training for sales, customer service and other back end functions.
6. Improve Point of Sales experience by developing new tools to pivot from “What to Sell” to “How to Sell” mode
7. Closure on Important Product design elements and channel alignment as required with Product Channel Managers or Channel Heads. 

Preference – Candidate with strong understanding of life insurance products preferably with a prior experience in product development or management

KEY COMPETENCIES/SKILLS REQUIRED

• Ability to work with cross functional teams and adapt in dynamic work environment
• Data interpretation skills (analytical in nature)
• Detail oriented, organized, critical thinker with strong work ethics
• Good interpersonal & communication skill
• Proficiency in MS PowerPoint, MS Word and MS Excel

QUALIFICATION & WORK EXPERIENCE:    

• Preference to candidates with MBA from a good business school with 4-5 years of work experience
• Life Insurance domain expertise with Product Development/Management experience
• Life Insurance/Finance Certifications like LOMA, III , CFP preferred (not mandatory)