We are looking for an experienced and strategic Product Manager to lead the Life Insurance product portfolio. The role involves defining product vision, driving roadmap execution, and delivering scalable, compliant, and customer-centric insurance solutions.

The ideal candidate will have deep domain expertise in Life Insurance, strong product thinking, and the ability to work cross-functionally with business, technology, and external stakeholders.

Key Responsibilities:

1. Product Strategy & Vision:

- Define and drive the product vision, roadmap, and release plans for Life Insurance modules.

- Align product strategy with organizational goals and digital transformation initiatives.

- Identify market opportunities, customer pain points, and regulatory requirements.

2. Life Insurance Domain Ownership

Own and manage core Life Insurance functionalities including:

- Policy Administration System (PAS)

- Underwriting & New Business

- Claims & Benefits

- Billing & Collections

- Ensure compliance with IRDAI and other applicable regulatory standards.

3. Product Development & Execution

- Translate business requirements into detailed product features, user stories, and acceptance criteria.

- Work closely with engineering, QA, and design teams to ensure timely and quality delivery.

- Participate in Agile/Scrum ceremonies and drive sprint planning, backlog grooming, and releases.

4. Stakeholder Management

- Collaborate with internal business teams, clients, and external partners.

- Act as a bridge between technical teams and insurance domain stakeholders.

- Ensure alignment across cross-functional teams throughout the product lifecycle.

5. Pre-Sales & Solutioning

- Support pre-sales initiatives including demos, RFP responses, and solution design.

- Work with sales and business teams to position the product effectively for new opportunities.

6. Product Modernization & Innovation

Drive digital transformation initiatives such as:

- Digital onboarding (e-KYC, e-sign)

- Third-party integrations (payment gateways, reinsurers)

- AI/ML-driven use cases (risk scoring, fraud detection)

- Continuously enhance product capabilities with emerging technologies.

7. Performance Optimization

- Monitor product performance, user feedback, and analytics.

- Drive continuous improvement in product usability, performance, and customer experience.

Required Skills & Competencies:

- Strong understanding of Life Insurance products such as Term, ULIP, Annuity, and Group Life.

- Hands-on experience with InsurTech platforms and core systems like PAS.

- Proven experience in product lifecycle management and Agile/Scrum methodologies.

- Excellent analytical, problem-solving, and decision-making skills.

- Strong communication and stakeholder management abilities.

- Ability to manage multiple priorities in a fast-paced environment.

- Customer-centric mindset with strong product thinking capabilities.

Good to Have Skills:

- Experience working with multi-country insurance products.

- Exposure to AI/ML use cases in underwriting, claims, or fraud detection.

- Understanding of regulatory and compliance frameworks in insurance.