Product Manager - Insurance

JR United Kingdom; Scotland; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading client in the Insurance sector seeks a Product Manager to enhance their Motor Insurance strategy. The role involves spearheading product innovation, ensuring compliance, and delivering customer-centric solutions. Ideal candidates need strong market knowledge and the ability to manage risk effectively.

Qualifications

• Strong knowledge of the General Insurance market, preferably Motor Insurance.
• Understanding of risk and controls management within a regulated industry.
• Ability to deliver data-driven decision making.

Responsibilities

• Drive implementation of insurance product initiatives and compliance with Consumer Duty.
• Collaborate with teams to align with business objectives.
• Conduct deep dives into issues and manage supplier relationships.

Skills

Commercial Acumen

Risk Management

Customer-Centric Solutions

Job description

Social network you want to login/join with:

Change Recruitment are supporting our long term Insurance client in the search for a Product Manager for one of it’s General Insurance lines. This role is key to delivering their long-term Motor Insurance strategy and driving improvement and innovation across their product proposition.

What You’ll Be Doing:

• Lead Product Development: Driving the implementation of initiatives such as differentiated products, electric vehicles, multi-car and connected car propositions
• Ensure Compliance: Overseeing Motor Insurance compliance with Consumer Duty requirements and report on key customer metrics
• Collaborate Cross-Functionally: Working closely with teams to align with business objectives and customer needs while maintaining regulatory compliance
• Analyse and Improve: Conducting deep dives into issues, identifying new opportunities, and managing day-to-day contact with critical suppliers and SMEs
• Innovate and Adapt: Defining, delivering and adapting insurance products to meet customer and business needs, leveraging market research and horizon scanning

What We’re Looking For:

• Commercial Acumen: Strong knowledge of the General Insurance Market, preferably Motor Insurance.
• Experience: Trade and performance management, annual planning process, and data-driven decision making.
• Risk Management: Understanding of risk and controls management within a regulated industry.
• Customer-Centric Solutions: Ability to deliver solutions that meet customer needs.

For further information, please contact Scott Maxwell on 07974065745 or apply online