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- Tasks: Lead the strategy and launch of innovative insurance products in a dynamic environment.
- Company: Join a forward-thinking company evolving with technology and AI in the insurance sector.
- Benefits: Enjoy a flexible work culture with opportunities for creativity and autonomy.
- Why this job: Be part of a transformative team, influencing product success and driving change in the industry.
- Qualifications: Strong background in product management and experience with P&L responsibilities required.
- Other info: This role offers significant interaction with executive management and a chance to shape future strategies.
The predicted salary is between 43200 - 72000 £ per year.
This is a rare opportunity for someone with a strong product management background from a general insurance background. It could be personal lines or micro commercial insurance for example, E-trading would be beneficial.
The likelihood is this person will originally come from an underwriting platform but developed further in their career within insurance product development and management.
Throughout your time you will have facilitated the management and success of NEW products to market. This role will focus on new business products only, overseeing the strategy, development, implementation and launch. There is a structured team to support this role, with 3 senior managers reporting into this line. Whilst you will have overall responsibility, including P&L (which you must have managed in a previous role), you will expect your senior management team to report into you bringing the wider platform strategy and ideas, analysis and oversight.
Regular meetings with the exec management team including CEO and FD. Weekly performance and strategy review, budgets, trends, leakage.
Pre-launch of products, presenting at steering committees, oversight of call centres performance commercially.
This business is going through an evolutional period with significant work being done across the technology and AI area and past experience in this area would be hugely beneficial.
Senior, autonomous role which offers flexibility with approach, ideas, management – this is not a \’one size fits all\’ role and it really does need an entrepreneurial approach.
For further details please attach your CV. There is a lot more to share which will not disappoint!
Insurance Products Manager employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Products Manager
✨Tip Number 1
Make sure to highlight your experience in product management, especially within the insurance sector. Focus on specific examples where you've successfully launched new products and managed P&L responsibilities.
✨Tip Number 2
Demonstrate your understanding of E-trading and how it can impact product development. If you have experience with technology and AI in insurance, be ready to discuss how you've leveraged these tools in your previous roles.
✨Tip Number 3
Prepare to showcase your leadership skills, particularly in managing teams and collaborating with senior management. Think of examples where you've led strategic discussions or influenced decision-making processes.
✨Tip Number 4
Since this role requires an entrepreneurial mindset, come equipped with innovative ideas for new business products. Be ready to discuss how you would approach product strategy and implementation in a rapidly evolving market.
We think you need these skills to ace Insurance Products Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your product management experience specifically in the insurance sector. Emphasize any roles where you managed P&L and launched new products, as these are crucial for this position.
Craft a Compelling Cover Letter: In your cover letter, discuss your background in underwriting and how it has prepared you for a role in product development. Mention your experience with E-trading and any relevant technology or AI projects you've been involved in.
Showcase Leadership Skills: Since this role involves overseeing a team, highlight your leadership experience. Provide examples of how you've successfully managed teams and driven product strategies in previous roles.
Demonstrate Entrepreneurial Mindset: This position requires an entrepreneurial approach. In your application, share instances where you've taken initiative, developed innovative solutions, or adapted strategies to meet changing market demands.
How to prepare for a job interview at IPS Group
✨Showcase Your Product Management Experience
Be prepared to discuss your previous roles in product management, especially within the insurance sector. Highlight specific examples of how you've successfully launched new products and managed their performance.
✨Demonstrate Your Understanding of P&L Management
Since this role requires P&L oversight, be ready to explain your experience with financial management. Discuss how you've previously influenced profitability and what strategies you implemented to achieve financial goals.
✨Emphasize Your Leadership Skills
This position involves managing a team of senior managers. Share examples of how you've led teams, facilitated collaboration, and driven results through effective leadership.
✨Discuss Your Experience with Technology and AI
Given the company's focus on technology and AI, it's crucial to talk about any relevant experience you have in these areas. Explain how you've leveraged technology to enhance product development or improve operational efficiency.
