Product Manager/Chief Manager - IT & Digital Transformation - Life Insurance

We have 1 very urgent position in one of BEST LIFE INSURANCE organizations across the following location --

LOCATION - Mumbai ( Western Lines )

OFFERED CTC - negotiable ; depending upon current CTC.

POSITION - Product Manager ( Chief Manager ) - IT & Digital transformation

Reportees : 2

JOB DESCRIPTION :

OBJECTIVE OF THE ROLE

The role will execute on the strategy, roadmap and definition of a product or group of products. The role involves working with cross-functional teams, typically for objectives focussing on customer, business or service / experience.

KEY RESPONSIBILITIES

- Conceptualise, build and innovate for world-class products for our customers.

- Build / further the product by understanding the real needs of customers.

- Leverage data / analysis to take decisions.

- Identify the correct problem statements and understand the impact of solving those.

- Solve the problems and deliver on the outcome, with speed and quality.

- Ensure the robustness, scalability and sustainability of the solutions / products.

- Promote the products internally and externally for adoption and advancements.

- Simplify.

INTERACTIONS

Internal Relations: All Teams in Life

External Relations: Group Companies, Eco-system players, Competition, Partners

COMPETENCIES:

Planning And Organizing :

1. Establishes goals and organizes work by bringing together the necessary resources

2. Organizes work according to project and time management principles and processes. Coordinates with other areas of business as needed

3. Practices and plans for contingencies to deal with unexpected events or setbacks

4. Makes needed adjustments to timelines, steps and resource allocation

5. Directs issues to appropriate bodies when unable to resolve them within own area of responsibility

People Leadership :

1. Provides performance feedback and support, reinforcing strengths and identifying areas for improvement.

2. Encourages peers/colleagues to develop and apply their skills

3. Suggests to individuals ways of improving performance and competence

Problem Solving :

1. Identifies the problem and identifies the cause and effect relationship between two aspects of a situation

2. Separates situations into two parts: pro and con, if- then, etc

3. Sorts out a list of tasks in order of importance and prioritizes

4. Takes responsibility for making decisions to move things forward

5. Acts promptly to address urgent needs, taking quickly those decisions which need to be taken

Impact and Influence :

1. Builds networks to increase personal effectiveness

2. Engages others in own work by demonstrating a sense of optimism, ownership and commitment

3. Provides a sound rationale to gain support for ideas and/or recommendations

4. Links ideas to needs and benefits

Values Customers :

1. Anticipates customer concerns and takes initiative to proactively resolve issues

2. Solicits feedback proactively to identify ways to improve service or products

3. Ensures direct reports (or projects and initiatives, if in an individual contributor role) are focused on meeting customer needs

Team Leadership :

1. Makes sure the practical needs of the team and team members are met

2. Makes decision by taking into account the differences among team members, and overall team requirements and objectives

3. Ensures that the team's tasks are completed

4. Accepts responsibility for the team's actions and results

5. Seeks opportunities to collaborate, even when their own viewpoints may not align with others

Achievement of Results :

1. Sets high performance standards with clear expectations for self and others

2. Monitors progress of others and redirects efforts when goals change, are not met, or are no longer relevant

3. Identifies action steps needed to accomplish team or work group objectives

4. Uses metrics and data to anticipate and address issues so that progress towards goals is not disrupted

5. Puts in extra effort and work to accomplish critical or difficult tasks

6. Removes obstacles to accomplish goals

7. Identifies resources (e.g., budget, people) needed to accomplish objectives

8. Upholds standards of business conduct

REQUIREMENTS :

Relevant profiles / product managers from BFSI ( all segments) / ecommerce / IT companies with Financial services clients .

Educational Qualifications - MBA from Tier 1 Engineering (mandatory)

Important Points - Strong at business analysis and data understanding