Product Manager - Insurance

Morgan McKinley; Dublin; On-site; EUR 90,000 - 120,000; Full time

Job summary

Morgan McKinley is partnering with an established financial services organisation in Ireland to appoint an experienced Insurance Product Manager. This role focuses on developing and launching a new insurance proposition from early-stage concept through to commercial launch and ongoing performance management.

You will work across Product, Operations, Sales, Marketing, Pricing, Technology, Change and Compliance to shape the proposition, customer experience and governance framework.

Qualifications

• At least four years' experience within the insurance industry.
• Experience developing, launching or materially enhancing a consumer insurance product.
• Strong knowledge of insurance product development and distribution.
• Experience working across commercial, operational, regulatory and customer considerations.
• Strong commercial understanding, including business cases, product economics and P&L performance.
• Knowledge of the Consumer Protection Code, Insurance Distribution Regulations and governance requirements.
• Ability to influence senior stakeholders and communicate insurance requirements to non-insurance audiences.
• Customer-focused, commercially creative and delivery-oriented approach.

Responsibilities

• Define and deliver the insurance product strategy.
• Lead the product lifecycle from proposition development through to launch.
• Conduct market and customer analysis to identify needs, trends and opportunities.
• Shape product features, customer journeys and service requirements.
• Work with internal teams and external partners to deliver the proposition.
• Develop business cases and present recommendations to senior leadership.
• Monitor product performance, including revenue, conversion, retention and profitability.
• Identify opportunities to improve the proposition and customer experience.
• Ensure the product operates within relevant regulatory and governance requirements.

Skills

Insurance knowledge

Commercial judgement

Product development

Regulatory awareness

Stakeholder influence

Customer-centric

P&L understanding

Motor insurance

Job description

We are partnering with an established financial services organisation to appoint an experienced Insurance Product Manager who will play a central role in developing and launching a new insurance proposition.

This is a genuine rare opportunity to help shape and launch a new insurance proposition within an established financial services environment. You will get the opportunity to shape a product from an early stage-contributing to its commercial proposition, development, operating model and successful launch before taking ownership of its ongoing performance.

You will have significant visibility across the organisation, exposure to senior decision-makers and the opportunity to influence the product, customer experience and commercial direction from an early stage.

The Opportunity

Working across Product, Operations, Sales, Marketing, Pricing, Technology, Change and Compliance, you will provide the insurance expertise needed to bring a new proposition successfully to market.

Key responsibilities will include:

• Defining and delivering the insurance product strategy.
• Leading the product lifecycle from proposition development through to launch.
• Conducting market and customer analysis to identify needs, trends and commercial opportunities.
• Shaping product features, customer journeys and service requirements.
• Working with internal teams and external partners to deliver the proposition.
• Developing business cases and presenting recommendations to senior leadership.
• Monitoring product performance, including revenue, conversion, retention and profitability.
• Identifying opportunities to improve the proposition and overall customer experience.
• Ensuring the product operates within relevant insurance, consumer-protection and governance requirements.
• Acting as the principal advocate for the insurance customer and product across the organisation.

What We Are Looking For

You will combine strong insurance knowledge with the commercial judgement and product capability required to build and launch something new.

The ideal candidate will have:

• At least four years' experience within the insurance industry.
• Experience developing, launching or materially enhancing a consumer insurance product.
• Strong knowledge of insurance product development and distribution.
• Experience working across commercial, operational, regulatory and customer considerations.
• Strong commercial understanding, including business cases, product economics and P&L performance.
• A working knowledge of the Consumer Protection Code, Insurance Distribution Regulations and relevant product-governance requirements.
• The ability to influence senior stakeholders and communicate insurance requirements to non-insurance audiences.
• A customer-focused, commercially creative and delivery-oriented approach.

Motor insurance experience would be particularly relevant. However, candidates with strong consumer product experience across areas such as home, travel, life, health, pet or creditor insurance are also encouraged to apply.

We would also consider an ambitious candidate whose current title may not be Product Manager, provided they can demonstrate meaningful involvement in product development, proposition design, commercial decision-making and insurance launches.