Life Insurance Product Development Specialist

Department Icon Insurance- Life Insurance
Posted: 1 year ago
3-5 years
Pune
Insurance- Life Insurance
Work From Office
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You will be responsible for developing innovative life insurance products that meet market demands and company objectives.

What you will do: Conduct market research, analyze competitor products, design new products, and prepare documentation for regulatory submissions.

Key responsibility:

  • Conduct market research to identify opportunities for new life insurance products.
  • Analyze competitor products and market trends.
  • Develop new life insurance product concepts and specifications.
  • Prepare product documentation, including marketing materials and regulatory filings.
  • Collaborate with actuarial, underwriting, and marketing teams to launch new products.
  • Monitor the performance of existing products and make recommendations for improvement.
  • Stay current on industry trends and regulatory changes.

Required Qualification and Skills:

  • Bachelor's degree in actuarial science, finance, or a related field.
  • Strong analytical and problem-solving skills.
  • Excellent communication and presentation skills.
  • Knowledge of life insurance products and the regulatory landscape.
  • Ability to work independently and as part of a team.
  • Experience with product development (preferred).

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and career advancement.
  • Dynamic and challenging work environment.
  • Opportunity to shape the future of life insurance products.

A Day in the Life: Your day will involve market research, product design, collaborating with cross-functional teams, and preparing documentation for regulatory submissions.

Skills

Product DevelopmentMarket ResearchFinancial AnalysisInsurance KnowledgeCommunicationRegulatory Compliance

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