Product Manager

TN United Kingdom; Cheltenham; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

Join a forward-thinking broker aiming to revolutionize insurance by delivering innovative products tailored for high-growth businesses. This hybrid role will involve researching market-leading insurance solutions and collaborating closely with brokers to design exclusive policies. You will support the senior leadership team in driving initiatives and ensuring compliance, making a significant impact in a dynamic environment. If you have a passion for insurance and a knack for creative problem-solving, this opportunity is perfect for you.

Qualifications

• Experience in the insurance sector is essential.
• Ability to challenge assumptions and think creatively.

Responsibilities

• Conduct insurance market product research to find optimal solutions.
• Design new insurance products in collaboration with brokers.
• Support senior leadership in developing new schemes and reports.

Skills

Insurance market product research

New product design

Strong communication skills

Compliance and auditing

Negotiation skills

Job description

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Are you in broking or underwriting, do you have an eye for detail and want to work in researching, designing and delivering best-in-market insurance products and propositions to drive future growth in the business.

This can range from research projects to support the broking team, designing and delivering exclusive policy wordings or schemes from insurers.

You will be working for a broker that set out with a bold vision to revolutionise insurance, making it faster and better, as they believe the problem with traditional insurance is that it's not designed to serve the needs of high-growth, next-generation businesses. It often holds these companies back and can leave them exposed without the right products and advice. You will be working for some of the UK's most successful tech scale-ups, all backed by top venture capital firms.

Joining a business that has already surpassed £10 million GWP in 3 years and is aiming towards a significant growth target.

Key Responsibilities:

1. Insurance market product research - finding the best policies and solutions for clients
2. New product design - working closely with the Capsule Brokers on product design, negotiating with insurers to develop exclusive and market-leading insurance policies
3. Supporting the senior leadership team in designing and agreeing on new schemes with insurers, creating reports, attending meetings, and driving progress on initiatives
4. Setting up new insurer agencies
5. Supporting the design, arrangement, and administration of innovative insurance products
6. Broking team file audit and compliance

Insurance experience is essential for this role. Strong communication skills, both written and oral, are required, with the ability to listen and engage effectively. You should also challenge assumptions and think "outside the box".

This is a hybrid role with a minimum of 2 days in the office, ideally in or around Cheltenham.