HDFC Life Insurance - Senior Manager - Product Development

Senior Manager - Product Development (3-8 yrs)

About the Department:

The Product team is responsible for the creation of new products and the redesign of existing ones. The objective is to ensure compliance with regulatory guidelines while aligning products with customer needs and organizational goals. This team serves as a key interface between Marketing, Information Technology, Operations, and Sales & Distribution, ensuring seamless product execution
What the Job Entails:
- Product Development & Modifications: Drive the launch of new Health and COMBI products and oversee modifications as per business and regulatory requirements.
- Regulatory Compliance: Ensure all product designs adhere to regulatory guidelines and approval processes.
- Stakeholder Collaboration: Work closely with Marketing, IT, Operations, and Sales to ensure smooth product implementation.
- Market Research & Analysis: Analyze customer needs, competitor offerings, and industry trends to refine product strategies.
- Project Management: Manage end-to-end execution of product development and modifications, ensuring timely rollout.
- Training & Communication: Assist in training internal teams and ensuring clear communication of product features and benefits.
Skills Required:
- Strong understanding of product development and lifecycle management
- Knowledge of regulatory guidelines related to product design
- Excellent stakeholder management and collaboration skills
- Analytical thinking and problem-solving ability
- Strong project management skills
- Effective communication and presentation skills
Qualifications: MBA
Work Experience:
- 3 to 6 years of experience in Product Development, Insurance, & Product Launches
- Experience in Health and COMBI product development will be an added advantage