Innovation / Product Development Analyst.

Taylor James Resourcing; City Of London; Hybrid; GBP 50,000 - 65,000; Full time

Job summary

A leading global insurance organization is seeking an Innovation / Product Development Analyst to enhance their newly established innovation team. The role involves developing frameworks for innovation, conducting research, and collaborating within a hybrid team. Candidates should have a strong background in primary insurance or reinsurance, with beneficial experience in Life & Health insurance. A competitive salary of up to £65,000 along with bonuses is offered.

Qualifications

• Experience in primary insurance and/or reinsurance.
• Knowledge of technology trends and their impact on consumers.
• Life & Health insurance experience would be highly beneficial.

Responsibilities

• Develop the innovation framework through external/internal networks.
• Research, analyse, interpret, and present innovation findings.
• Inform key decisions using data for opportunity sizing.
• Get involved in testing and market launch of approved opportunities.
• Participate in client and industry presentations.
• Organise meetings with management and necessary documentation.
• Challenge the status quo for innovative processes.
• Build strategic relationships with internal and external partners.
• Help improve team performance through key metrics.

Job description

Job Details

• Position: Innovation / Product Development Analyst
• Salary: To £65,000 + Bonus
• Location: London
• Sector: INSURANCE
• Type: Permanent
• Description: This leading global insurance organisation has an excellent reputation and offers a friendly, team oriented and inclusive environment and an excellent benefits package. They recognise the need to continuously adapt and evaluate to remain relevant and push boundaries and are therefore looking to recruit a highly self-motivated individual to join their newly established innovation team, which covers the life and health insurance markets for Europe and Latin America.

• Duties
• Develop the innovation framework by building external and internal networks, running workshops, finding partners, etc with the aim of identifying business opportunities that fit withing innovation strategy.
• Research, analyse, interpret and present findings on identified innovation topics.
• Inform key decisions by using the data available to determine the potential size of opportunities.
• Get involved in the testing and market launch of opportunities which have been approved by management.
• Participate in client and industry presentations to meet the team’s objectives.
• Organise meetings with management and necessary documentation.
• Challenge status quo to find new ways of doing things, both products and processes.
• Build and manage key strategic relationships with internal experts and external partners. Special collaboration with local office innovation / business development colleagues.
• Help improve the team’s performance through the monitoring and understanding of key business metrics.

• Experience / Qualifications
• Experience in primary insurance and/or reinsurance, with knowledge of technology trends and impact on consumers and society in general. Life & Health insurance experience would be highly beneficial.

• Additional Information
• We are seeking a candidate who can collaborate effectively within a regional hybrid team, communicate clearly, and support the team throughout the proposition lifecycle from market analysis to testing and market launch.

Date: 22 Sep 2023

Notes: Sector: INSURANCE | Type: Permanent | Location: London | Salary: £50,000 - 65,000 per annum

Email: [e-mail] | Ref: BT972