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For Companies At a Glance
- Tasks: Lead the development of innovative insurance products from concept to launch.
- Company: Join a customer-focused financial services business with a mission-driven culture.
- Benefits: Enjoy hybrid work, 25 days holiday, healthcare, and a generous pension contribution.
- Why this job: Shape a new product division in a growing team with ample progression opportunities.
- Qualifications: Experience in product development, especially in insurance, with strong analytical skills required.
- Other info: Competitive salary up to £60,000 and birthday off!
The predicted salary is between 36000 - 84000 £ per year.
An innovate financial services business, which truly puts their customers at the heart of all they do, is looking for their first Product Development Manager to spearhead a brand new division. Within this role, you will develop and deliver the insurance product strategy and lead on all aspects of the product development process.
Within the role, you will:
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Review the market for new product development opportunities.
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Manage the end-to-end product development process, from initial concept through to product launch.
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Conduct thorough market research and competitor analysis to inform product strategies.
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Work closely with cross-functional teams to ensure the products are competitive, compliant, and aligned with company goals.
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Analyse product performance translating insights into requirements.
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Ensure all new and existing products comply with the UK regulatory environment, including FCA rules, and adhere to industry standards and best practices.
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Produce proposal and reports to management relating to new products or the performance of existing of products.
Do you want to shape a Product division within a growing team and business? Do you want a join an ambitious business with a great mission and brilliant values? Do you have experience working with the finance sector?, * Previous experience in a product development managerial role (preferably in insurance).
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Proven track record of developing and launching customer centric product propositions.
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Strong analytical and problem-solving skills, with the ability to translate data insights into actionable strategies.
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Strong commercial acumen, previous budget / P&L responsibility.
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Excellent project management skills, with experience leading cross-functional teams and managing multiple projects simultaneously.
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Proven experience of digital platforms and working with technical teams.
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Creative and solutions focussed.
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Competitive salary up to £60,000.
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Hybrid working – 2 days a week in the South Manchester office.
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25 days holiday + bank holidays.
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Option to buy 5 additional holidays.
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Birthday off.
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Health care plan.
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8% pension contribution.
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Learning and development.
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Heaps of progression within a thriving culture.
As an industry leading, nationwide Marketing, Digital, Analytics, IT and Design recruitment agency, we are continually receiving new assignments to work on, so keep a close eye on our website, Facebook, LinkedIn and Twitter pages for a full list of current permanent and interim opportunities as well as marketplace news and fun stuff.
Forward Role is operating as an employment agency.
Product Development Manager - Financial Services - Hybrid employer: Forward Role Recruitment
Contact Detail:
Forward Role Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Development Manager - Financial Services - Hybrid
✨Tip Number 1
Familiarize yourself with the latest trends in the financial services sector, especially in insurance product development. This knowledge will help you speak confidently about market opportunities during your interview.
✨Tip Number 2
Network with professionals in the financial services industry, particularly those involved in product development. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed product development processes in the past. Highlight your experience with cross-functional teams and how you ensured compliance with regulations.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data insights to drive product strategies. This will demonstrate your ability to translate complex information into actionable plans.
We think you need these skills to ace Product Development Manager - Financial Services - Hybrid
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Product Development Manager position. Understand the key responsibilities and required skills, especially those related to product strategy and market analysis.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in product development, particularly in the financial services or insurance sectors. Provide specific examples of successful product launches and how you managed cross-functional teams.
Showcase Analytical Skills: Demonstrate your strong analytical and problem-solving skills by including examples of how you've used data insights to inform product strategies. Mention any tools or methodologies you are familiar with that can support this.
Tailor Your Application: Customize your application materials to reflect the company's mission and values. Show your enthusiasm for shaping a new product division and how your background aligns with their goals.
How to prepare for a job interview at Forward Role Recruitment
✨Understand the Product Development Process
Make sure you have a solid grasp of the end-to-end product development process, especially in the financial services sector. Be prepared to discuss your previous experiences managing product launches and how you approached each stage from concept to market.
✨Showcase Your Analytical Skills
Highlight your strong analytical and problem-solving skills during the interview. Be ready to provide examples of how you've used data insights to inform product strategies and improve performance in past roles.
✨Demonstrate Cross-Functional Collaboration
Since this role involves working closely with cross-functional teams, share specific instances where you've successfully led or collaborated with diverse groups. Emphasize your project management skills and how you ensure alignment with company goals.
✨Familiarize Yourself with Regulatory Standards
Given the importance of compliance in the financial services industry, brush up on UK regulatory requirements, including FCA rules. Be prepared to discuss how you've ensured compliance in your previous product development roles.
