01Overview
Job Description:
Job Description
Designation Chief Manager Product Development
Location Corporate Office Mumbai
Reporting to Chief Underwriting Officer
Key Purpose
As a key member of the Product development & Underwriting team. This role is accountable for market research, innovation & product filing and should have the following traits.
Role and Responsibilities including but not limited to,
Market research & Innovation.
Designing of policy wordings & related documents.
Product filing as per IRDAI norms.
Liaison with all stakeholders (Sales, IT, Operations, Legal & Compliance) for all product development matters.
Ensure 100% compliance with all regulatory & product approval related aspects.
Work with IT and Operations staff to ensure that business requirements are met.
Product Training to underwriters and other stakeholders.
Qualification and competencies
B.E. / B Tech / MBA/PG
5-7 Years of experience in product filing with General Insurance firm
Hands on experience with analytical tools and statistical packages
Additional Insurance diploma or certification will be preferred
Excellent comprehension and communication skills
Key Success Indicators
Critical Thinking -- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Negotiation Skills-- Bringing others together and trying to reconcile differences.
Judgment and Decision Making -- Considering the relative costs and risks attached along with the benefits of potential actions to choose the most appropriate one.
Complex Problem Solving -- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. .
