Lead Product (P&C)

Michael Page

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 1 month ago
  • Apply easily
The incumbent will be responsible for leading the overall strategy, development, and management of the P&C product portfolio, ensuring they meet both customer needs and the company's financial goals. This will require a strategic approach who can work cross-functionally with sales, underwriting, marketing, actuarial, claims, and IT teams to create innovative and competitive insurance products.Product Strategy and Development:
- Lead the design and development of a robust and innovative P&C product portfolio that leverages digital technologies such as AI, machine learning, big data, IoT, and digital platforms and aligns with market needs, customer expectations, and company growth goals.Product Lifecycle Management:
- Oversee the entire product lifecycle from ideation, design, and launch to post-launch evaluation and continuous improvements.
- Oversee the use of agile methodologies to rapidly iterate and deliver new P&C products or enhancements to existing products.Cross-functional Collaboration:
- Work closely with sales, marketing, distribution, and customer service teams to ensure effective go-to-market strategies and sales enablement tools are in place.Pricing & Financial Performance:
- Lead the pricing strategy for P&C products to ensure profitability, competitiveness, and market fit.Digital Distribution and Go-to-Market Strategy:
- Oversee the digital distribution strategy, working closely with marketing and sales teams to design and execute digital-first campaigns and offerings.- Utilize digital platforms (e.g., self-service portals, chatbots, apps) to enhance distribution channels and expand reach to a wider range of customers.Regulatory Compliance & Risk Management:
- Ensure all P&C products comply with regulatory standards, including filing and approval processes with relevant authorities.Market Research & InnovationLeadership & Team Management:
- Lead a team of product managers and digital specialists, fostering a culture of innovation, continuous learning, and collaboration within the product and technology
teams creating a high-performance culture and ensuring continued professional growth.Stakeholder Management:
- Communicate product performance, strategy, and roadmap effectively to senior executives and other stakeholders.Leading Conglomerate backed Insurance BusinessOpportunity to lead an entire vertical
  • Strong understanding of P&C insurance products, and industry regulations.
  • Strong leadership, communication, and cross-functional collaboration skills, especially in technology-driven environments.
  • Expertise in digital product management, including mobile apps, online platforms, and automated solutions.
  • Advanced analytical and strategic thinking abilities, with proficiency in interpreting data to drive business decisions.
  • Knowledge of digital insurance trends, insurtech innovations, and emerging technologies in the P&C space.
  • Proficiency in digital marketing, customer acquisition, and digital distribution strategies.
  • Ability to lead teams through complex digital transformations while maintaining operational effectiveness
Leading Conglomerate - New Age Insurance PracticeWork for one of the largest conglomerates' core team in the new insurance practice.

Michael Page