Life Insurance Product Development Specialist

Department Icon Insurance- Life Insurance
97+ Applicants
Posted: 1 year ago
2-4 years
Noida
Hybrid
Upto ₹0 - ₹0

Posted: 1 year ago
|
Applicants: 97+
Job Description
About Company
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Job Description

What role you will play in team: You will be a key player in creating new and innovative life insurance products to meet the evolving needs of our customers.

What you will do: You will research market trends, analyze data, and work with stakeholders to design competitive products.

Key responsibility:

  • Conducting market research to identify customer needs and trends
  • Analyzing data to assess the feasibility of new product ideas
  • Developing product specifications and pricing strategies
  • Collaborating with actuarial, underwriting, and marketing teams
  • Managing the product development lifecycle
  • Ensuring products comply with all relevant regulations

Required Qualification and Skills:

  • Bachelor's degree in a relevant field (e.g., finance, insurance)
  • Strong understanding of the life insurance industry
  • Excellent analytical and problem-solving skills
  • Excellent communication and presentation skills
  • Experience in product development (preferred)
  • Proficiency in market research methodologies

Benefits Included:

  • Competitive salary and benefits package
  • Opportunity for career growth and development
  • Dynamic and collaborative work environment
  • Mentorship programs
  • Health insurance and employee benefits

A Day in the Life: You will spend the day analyzing market trends, collaborating with stakeholders on product ideas, and ensuring that new insurance products meet market demands and regulatory requirements.

Skills

Product DevelopmentMarket ResearchData AnalysisFinancial ModelingCommunication

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About Company

Max Life Insurance Company Limited is a life insurance company in India with a joint venture between Max India Ltd and Axis Bank The company is a subsidiary of the publicly listed Max Financial Services and is the largest non-bank private-sector life insurer in India.

Important dates & deadlines?

Application Deadline

16 Jul 25, 11:45 AM IST

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Life Insurance Product Development Specialist

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