Posted:18 hours ago|
Platform:
Work from Office
Full Time
JOB SUMMARY
Product Department is a strategic function responsible for new product development and management. The position will be a middle management resource in the function and will be primarily responsible for ideation, filing and launch of New Products in line with the overall product strategy. This role also requires to lead the Product thinking, senior stakeholder management with end to end ownership of product filing and launch.
A.New Product Development and Launch
End to End product design, filing and launch of New Products/Riders/Solutions etc. as per the approved product calendar.
Ownership of the Cross Functional Alignment, closures and execution plan for launching new products
Integrated thinking with the aim to optimize the product launch with cross functional collaboration (between Training, Marketing, distribution).
Innovative mindset to help identify opportunities for new products /smart hacks in existing products.
Work on secondary and primary research for identifying new opportunities and present ideas in high stake forums.
B.Market Intelligence & Competition analysis
Product benchmarking, Market Intelligence on Competition Product Strategies, Product Mix, Product & Category specific actions & thinking.
C.People management & capability building
Coachand mentor team of product managers for new Product development and newcategory thinking
Key competencies/skills required
Strong background on Insurance Products
Innovation mindset and new category thinking
Excellent Storyboarding and presentation skills.
Sharp analytical orientation
Understanding of Regulatory landscape
Experience
Minimum 8 years experience in product development and management
Post Grad from a premiere B School
Past experience of LI New Product development (min 4-5 Yrs), Distribution and/or Strategy exposure in life insurance companies.
Kotak Life Insurance
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