Insurance Product Development Manager

Placements24; Kimberley; Hybrid; CAD 110,000 - 160,000; Full time

Benefits offered by this job

Executive salary & bonus

Hybrid work

Executive health benefits

Retirement savings plan

Strategic impact opportunities

Job summary

Placements24 in Kimberley, Canada is seeking an innovative Insurance Product Development Manager to lead the creation and enhancement of insurance offerings. You will conduct market research, analyze trends, and collaborate with underwriting, actuarial, marketing, and sales teams to design competitive products.

The role requires a Bachelor’s degree (MBA preferred) with at least seven years in product management focused on insurance, strong leadership, and strategic thinking to drive a profitable

Qualifications

• Bachelor's degree in Business, Marketing, Finance, or a related field.
• Minimum of 7 years of experience in product management, with a focus on insurance products.
• Proven ability to successfully launch and manage new products in the market.
• Strong understanding of the insurance industry, market dynamics, and regulatory landscape.
• Excellent analytical, strategic thinking, and project management skills.
• Exceptional leadership and communication capabilities.

Responsibilities

• Lead the end-to-end product development lifecycle from ideation to launch.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Collaborate with underwriting, actuarial, marketing, and sales teams to define product features and pricing.
• Develop business cases and product strategy documentation.
• Ensure products comply with all regulatory requirements and internal standards.
• Monitor product performance post-launch and recommend improvements.

Skills

Product management

Market research

Strategic thinking

Leadership

Project management

Education

Bachelor's degree

MBA preferred

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Development Manager to lead the creation and enhancement of their insurance product offerings. This hybrid role, based in Kimberley , involves market research, trend analysis, and collaborating with cross-functional teams to design competitive and profitable insurance products. You will be instrumental in shaping the company's product portfolio to meet evolving customer needs and market demands. This is a significant opportunity for a seasoned product professional to drive innovation in the insurance sector.

Key Responsibilities

• Lead the end-to-end product development lifecycle from ideation to launch.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Collaborate with underwriting, actuarial, marketing, and sales teams to define product features and pricing.
• Develop business cases and product strategy documentation.
• Ensure products comply with all regulatory requirements and internal standards.
• Monitor product performance post-launch and recommend improvements.

Requirements

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
• Minimum of 7 years of experience in product management, with a focus on insurance products.
• Proven ability to successfully launch and manage new products in the market.
• Strong understanding of the insurance industry, market dynamics, and regulatory landscape.
• Excellent analytical, strategic thinking, and project management skills.
• Exceptional leadership and communication capabilities.

Benefits

• Executive-level salary and bonus structure.
• Hybrid work arrangement offering flexibility.
• Comprehensive executive health benefits package.
• Generous retirement savings plan.
• Opportunities to influence product strategy at a high level.