Product Manager

ICICI Prudential Life; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

ICICI Prudential Life in Mumbai is seeking a Product Manager (Sr. Manager, IC) in the Product department. You will lead new product development, coordinating with actuarial, sales channels, IT, finance, underwriting and other teams to file products and ensure marketing materials reflect accurate product information.

Key responsibilities include innovation feedback, market research, regulatory tracking, and category management to support distribution, launches and effective product communication.

Qualifications

• MBA from a Tiered institute with 3 to 5 years of experience.

Responsibilities

• New Product Development: Propose product features based on a product idea or request.
• Innovation & Market Research: Benchmark competition and identify loopholes; track regulatory changes.
• Category management: Support Sales teams with essential tools; drive product communications and ensure smooth launches.

Skills

Communication

Interpersonal skills

Multitasking

Problem solving

Education

MBA

Tools

MS Excel

MS PowerPoint

Job description

Product Manager

Role Details

• Designation: Sr. Manager
• Role type: Individual Contributor
• Department: Product
• Location: Mumbai

Key Responsibilities

New Product Development

• Propose Product Features based on a product idea or request
• Coordinate with Actuarial, Sales channel for filing of product
• Coordinating with other departments (IT/Finance/Ops/Underwriting/Investment) for fulfilling requirements
• Assuring processes and systems in coordination with other teams
• Maintaining accuracy and consistency between marketing material and actual product/process information

Innovation & Market Research:

• Facilitating innovation feedback
• Benchmark competition and identify loopholes
• Track Regulatory Changes

Category management:

• Support Sales teams with essential tools
• Find gaps in products/ process and ways to plug the same to enable distribution support.
• Driving product Communication for category products
• Getting marketing material and training kit for ready for the product
• Ensure smooth product launch
• Handling all product /process related queries
• Preparing effecting communication content to drive key products
• Liaise with marketing, sales, training to ensure the effective dissemination of the product communication

Skills & Attributes

• Strong communication and interpersonal skills
• Ability to provide solutions
• Ability to handle multiple assignments
• Knowledge of MS Excel/PowerPoint
• Knowledge of Life Insurance products and regulations

Educational Qualification / Experience

• MBA from a Tiered institute with 3 to 5 years of experience