Bajaj Life Insurance - Product Manager

Product Planning, Development and Management

- Contribute to the planning, design and development of the product strategy and calendar for the Company, in consultation with sales, actuarial and other related functions, to ensure that the plan is dynamic and flexible enough to respond to market situations and meets company's business objectives

- Contribute to the organization knowledge in area of products through consumer, competition and industry studies to track industry and product performance trends, define target segments and recommend development of new product ideas or modification of existing products that reflect the needs of target markets, channel and company.

Product Implementation

- Establish best practice standards, develop process maps, operating procedures and continuously work to define and enhance the company's product development, implementation and management processes and systems to ensure that they are streamlined, efficient, sustainable and complete and enables time bound delivery of the product plans.

- Ensure timely implementation of the product plans through coordination and liaison with sales, actuarial and other related functions.

- Contribute to ongoing compliance with regulatory and internal guidelines in all aspects of product development, management and implementation

- Contribute in developing compelling sales stories, product pitches and campaign through all marketing mediums as per the requirement and need of the Organization

- Work with regional sales teams to develop product communication strategies and action plans

- Collaborate with cross-functional teams on new projects and ensure timely delivery as expected

Reviews & Governance

- Ensure due process is followed and regulatory compliance are in place for product documentations and other communications

- Support seniors in presenting product plans for monthly/quarterly updates to senior leadership

- Support seniors in preparing reports for the consumption of other senior stakeholders for timely update

- To ensure accurate & timely delivery of with proper approvals

Research & Analysis

- Conducting workshops and reinforce product pitches

- Conducting research to understand and analyze the sales / customers' views on upcoming products of the company.