Assistant Manager- Product Management

About Us

Bandhan Life is your trusted partner in financial security, making every Indian household financially secure. As a part of the renowned Bandhan Group, we are bolstering our collaborative strengths of digital innovation and robust distribution to enhance the value for all our stakeholders. Welcome to a new era of insurance, where growth, innovation, customer, and employee welfare are paramount.

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Why join the Product Management team with us?

• Acquire niche product skillset and sharpen understanding of Life Insurance products and regulations to become a Life insurance Product SME
• Get unique exposure to directly work on our cloud native policy admin system and get in depth understanding of APIs and their working
• Collaborate with multiple fintech / insuretech players for integrating our solutions with their business models.

Key Focus areas:

Product Management:

• Responsible for creation / updation of Functional Specification Document (FSD) for assigned new products / product modifications in compliance to F&U, other regulatory documents, underwriting rules, and business requirement to ensure that this document is readily consumable by technology and other cross functional teams for all system development requirements.
• Responsible for creation of product rollout/ system readiness checklist basis the Drop 1(MVP) and post Drop 1(non-MVP) categorization.
• Responsible for creating User stories, testing scenarios and acceptance criteria in compliance to product F&U
• Responsible for review and signoff on the calculators and premium rates shared by the Pricing team and providing walkthrough and in depth understanding of the same to eBao and HM development teams.
• Responsible for conducting regular product meetings with eBao / HM development teams to ensure all product features are well understood and E2E product build including the customer onboarding journeys are developed / managed as per the product life cycle and in compliance to regulatory requirement.
• Responsible for reviewing of testing artefacts and providing product signoff to ensure product functionalities developed across platforms are in compliance to regulatory requirements
  Platform Build Management:
• Responsible for closely working with internal team members, peers, TPO and developers for translating the business requirements to technical requirements
• Responsible for creation of eBao release notes and publishing the same as and when required.
• Responsible for development of product functionalities in eBao as per product life cycle requirements and program level prioritization
• Regulatory Compliance:Responsible for ensuring regulatory compliance of new / existing products/ schemes in HM / eBao. Responsible for adherence to all regulatory requirements pertaining to new product setup including reporting to ensure Zero Noncompliance

Qualifications & Competencies:

• Minimum Graduate with 1-2 years of experience with working knowledge of LI Products & Regulations
• Understanding of LI product digital onboarding journeys
• Outstanding capacity to handle multiple projects that adhere to stringent timelines
• Highly ambitious and result oriented with non-compromising work ethics
• Excellent inter-personal skills
• Excellent oral and written communication skills with experience in working with senior leadership