Product Proposition Lead Governance

AXA Partners; Redhill; On-site; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Competitive Salary

22 days rising to 27 + Bank Holidays

Retail Discounts

Company Shareplan /Scheme & Loan

Cycle2Work Scheme

Discounted Home Insurance

Employee Assistance Scheme

Dr@Hand

Discounted Gym Membership

Financial Education/Pension Seminars

Job summary

AXA Partners is seeking a Product Governance Manager to oversee the governance framework for Motor, Home, and Health products, ensuring regulatory compliance and alignment with strategy.

You will liaise with legal and compliance teams, manage the product lifecycle, and collaborate with multiple cross-functional teams to maintain governance standards and drive improvements.

Qualifications

• Experience in international environments and cross-functional teams.
• Knowledge of insurance regulations and product governance considerations.
• Strong analytical and stakeholder-management skills.

Responsibilities

• Develop and maintain a comprehensive product governance framework for Motor, Home, and Health products.
• Monitor regulatory requirements and industry standards to ensure compliance.
• Liaise with legal and compliance teams to address regulatory changes.
• Oversee product lifecycle from ideation to retirement with regular reviews.
• Establish criteria for product approval and discontinuation aligned with strategic objectives.
• Identify and mitigate risks for insurance products and conduct risk assessments.
• Collaborate with product development, marketing, sales and customer service teams.
• Serve as a point of contact for governance issues and provide guidance.

Skills

Cross-functional collaboration

Regulatory knowledge in insurance

Strategic governance

Job description

The Product Governance manager is responsible to oversee and ensure the governance framework for all AXA Partners products, ensuring compliance with regulatory requirements, alignment with organizational strategy, and adherence to best practices in product management.

What You’ll Be Doing

• Develop and maintain a comprehensive product governance framework that outlines policies, procedures, and standards for the development, management, and review of Motor, Home, and Health products.
• Monitor and interpret relevant regulatory requirements and industry standards to ensure all products comply with applicable AXA and external laws and regulations. including PAP and POG
• Liaise with legal and compliance teams to address regulatory changes and ensure timely updates to product offerings.
• Oversee the product lifecycle from ideation through to retirement, ensuring that all products are regularly reviewed and assessed for performance, relevance, and compliance.
• Establish criteria for product approval and discontinuation, ensuring decisions align with the organization’s strategic objectives.
• Identify and assess risks associated with Motor, Home, and Health insurance products, implementing strategies to mitigate these risks.
• Conduct regular risk assessments and audits of product offerings and governance processes.
• Collaborate with cross-functional teams, including product development, marketing, sales, and customer service, to ensure alignment with governance policies and practices.
• Act as a point of contact for internal stakeholders regarding product governance issues, providing guidance and support as needed.
• Develop and utilize performance metrics to monitor the effectiveness of product governance processes and product performance.
• Prepare reports for senior management detailing product governance activities, compliance status, and recommendations for improvements.
• Develop training programs and resources to promote awareness of product governance policies and practices among relevant staff members.
• Conduct workshops or seminars to ensure that teams understand their roles and responsibilities in the governance framework.
• Foster a culture of continuous improvement by identifying opportunities to enhance product governance processes and practices.
• Stay current with industry trends and best practices in product governance, integrating relevant insights into the governance framework with version & change control
• Ensure that product governance practices prioritize customer needs and enhance customer satisfaction, aligning product offerings with market demands.
• Support all other areas of the Global Value proposition as and when required.

What You’ll Bring

• Previous experience working in international environement. Ability to work effectively with cross-functional teams
• Previous experience in insurance sector (knowledge os insurance regulations, GWP, ECR, Loss Ratio, Deal structures, Fronting , POG governance etc )
• Commercial acumen
• Strong organizational skills and the ability to manage complex projects.
• Ability to analyze data and make informed decisions.
• High level of accuracy and attention to detail in all work.
• Communication: Excellent verbal and written communication skills for effective stakeholder management.
• English a must, other language (French, Spanish,…) is a strong plus

What We Offer

At AXA Partners, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive Salary
• 22 days rising to a maximum of 27 days (based on a 5 day week) + Bank Holidays
• Retail Discounts
• Company Shareplan /Scheme & Loan
• Cycle2Work Scheme
• Discounted Home InsuranceEmployee Assistance Scheme
• Dr@Hand
• Discounted Gym Membership
• Free Financial Education/Pension Seminars

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics.

If you have a long-term condition or disability and require adjustments during the application or interview process, please send an email to AXA Partners Global HR Response - [e-mail]

Who We Are

We’re AXA Partners, experts at designing and delivering assistance solutions and specialised insurance, credit, and lifestyle protection – with and for our partners worldwide. What sets us apart? The expertise and passion of our 8,500+ people, and a strong network of over 55,000 professionals all over the world. Powered by them and our sector-leading technology, we continuously evolve, adapt and thrive – offering solutions and services that make sure we’re always at people’s side, no matter what. Helping others is our passion. Combining the best digital technology with our warm, human touch, we’re always looking at new ways to offer seamless and reassuring experiences when it really matters.

Join a company that helps protect the forests! At AXA Partners, we plant a tree for every new recruit (with a permanent contract)