Chief Product Officer (CPO)

TheHiveCareers; United States; Remote; USD 180.000 - 360.000; Vollzeit

Zusammenfassung

TheHiveCareers is seeking a Chief Product Officer to lead end-to-end product strategy, design, and lifecycle management across life, health, and P&C insurance lines. This role drives innovation, profitability, and customer-centric product development while ensuring regulatory alignment.

Responsibilities include defining enterprise strategy, coordinating with underwriting, actuarial, and tech teams, optimizing pricing models, and guiding go-to-market and digital transformation efforts.

Qualifikationen

• 15–20+ years of experience in insurance product management or underwriting.
• Proven track record in product innovation, profitability, and portfolio management.
• Strong understanding of life, health, and/or P&C insurance products.
• Experience working with actuarial, risk, and regulatory frameworks.

Aufgaben

• Define and execute the enterprise-wide insurance product strategy.
• Oversee design, development, launch, and optimization of insurance products.
• Ensure collaboration with underwriting, actuarial, distribution, and technology teams.
• Partner with actuarial teams on pricing models and assumptions.
• Ensure product profitability, loss ratio targets, and portfolio performance.
• Align with regulatory frameworks and IFRS 17.
• Leverage data analytics to understand customer behavior and preferences.
• Define go-to-market strategies and product positioning; support channels.

Kenntnisse

Leadership

Strategic thinking

Financial acumen

Cross-functional collaboration

Customer-centric mindset

Ausbildung

Bachelor's degree in Business, Finance, Actuarial Science, or related field (MBA preferred)

Jobbeschreibung

Role Summary

The Chief Product Officer (CPO) leads the end-to-end product strategy, design, and lifecycle management of the organization's insurance portfolio. This role drives innovation, profitability, and customer-centric product development across life, health, and/or property & casualty lines, ensuring alignment with regulatory frameworks and market dynamics.

Key Responsibilities

1. Product Strategy & Vision

• Define and execute the enterprise-wide insurance product strategy
• Identify market opportunities, customer needs, and competitive positioning
• Drive innovation across traditional and digital insurance offerings

2. Product Development & Lifecycle Management

• Oversee design, development, launch, and optimization of insurance products
• Ensure strong collaboration with underwriting, actuarial, distribution, and technology teams
• Manage the full product lifecycle (concept launch growth retirement)

3. Pricing & Profitability

• Partner with actuarial teams on pricing models and assumptions
• Ensure product profitability, loss ratio targets, and portfolio performance
• Optimize product mix and segmentation strategies

4. Regulatory & Compliance

• Ensure all products comply with regulatory requirements and approvals
• Align with frameworks such as IFRS 17 and local insurance regulations
• Work closely with legal, compliance, and regulatory bodies

5. Customer & Market Insights

• Leverage data analytics to understand customer behavior and preferences
• Drive customer-centric product design and digital experience enhancements
• Monitor market trends and competitor offerings

6. Distribution & Go-to-Market

• Collaborate with sales and distribution channels (agency, bancassurance, digital)
• Define go-to-market strategies and product positioning
• Support channel enablement and product training

7. Digital & Innovation

• Lead digital product transformation (embedded insurance, insurtech partnerships)
• Integrate AI, analytics, and automation into product design and delivery
• Foster a culture of innovation and agile product development

Qualifications & Experience

• Bachelor's degree in Business, Finance, Actuarial Science, or related field (MBA preferred)
• 15–20+ years of experience in insurance product management or underwriting
• Strong understanding of life, health, and/or P&C insurance products
• Proven track record in product innovation, profitability, and portfolio management
• Experience working with actuarial, risk, and regulatory frameworks

Key Competencies

• Strategic thinking and product vision
• Strong commercial and financial acumen
• Customer-centric mindset
• Leadership and cross-functional collaboration
• Innovation and digital transformation capability