At a Glance
- Tasks: Lead the development of innovative insurance products and drive team success.
- Company: Join a dynamic team at the Caravan and Motorhome Club, focused on member satisfaction.
- Benefits: Competitive salary, inclusive culture, and opportunities for personal growth.
- Other info: Embrace diversity and thrive in a collaborative workplace.
- Why this job: Make a real impact in financial services while fostering a supportive team environment.
- Qualifications: Extensive experience in financial services and strong leadership skills required.
The predicted salary is between 60000 - 80000 £ per year.
Responsible to: Head of Insurance and Financial Services
Line management responsibility: Product Manager/s and Product Support Executives
Purpose of the job
Bridging the gap between commercial ambition and exceptional member value. Responsible for the strategic development and delivery of our product roadmaps, maximising financial returns whilst remaining focused on the Consumer Duty and member satisfaction. Managing the insurance products and taking ownership of the team's collective success. Responsible for nurturing a high performing, inclusive team environment where diverse perspectives are celebrated, and every individual feels supported to succeed. This role depends on building transparent, honest relationships with internal stakeholders and external partners, ensuring the Club’s financial services are integrated into all aspects of member offerings. Creating a positive environment where everyone can collaborate and thrive.
Key tasks and responsibilities
- Lead the end to end delivery of financial services product roadmaps; performance and development. Gaining agreement to plans both internally and externally, delivering business cases, recommending (re)prioritisation and ensuring resources are appropriate and well managed to meet member focused goals.
- Lead, support, and motivate the IFS Product Team. Acting as a supportive mentor, managing resources effectively to ensure delivery of plans while creating a culture that encourages personal development.
- Develop and maintain excellent relationships, communication and collaboration with providers of Club products and services (whether branded, co-branded or introduced) getting agreement to development plans and ensuring delivery of targets and plans.
- Develop relationships with external parties, stakeholders and across the industry and markets, to the benefit of the Club, and act as a brand ambassador for Club financial services. Clearly demonstrating product value propositions to diverse audiences including potential policy holders, partners and media channels.
- Develop strong working relationships within the Insurance and Financial Services (IFS) department and between IFS and other areas of the Club to ensure excellent communication, sharing of information and collaboration.
- Align and integrate financial services products into other Club products and services to ensure maximum appeal, benefit coverage and take up.
- Own performance metrics, analysing market trends and member feedback, communicating insights openly to stakeholders and delivering proactive improvements.
- Ensure all products, documentation, and customer outcomes are aligned with FCA requirements, showing that 'Consumer Duty' is evidenced through every stage of the product lifecycle.
- Manage the accurate maintenance and adherence of financial services contracts and team records. Ensuring all policies and documentation are reviewed and updated regularly.
- Support the budget process and ensure alignment with third parties / partners and internal stakeholders to stretch volumes, revenues and marketing plans.
Essential skills & experience required
- Extensive experience within the financial services industry, with a deep understanding of market structures, product lifestyles, and the current competitive landscape.
- A track record of developing and motivating individuals. You should be an expert at fostering a culture of psychological safety where team members feel valued, supported, and empowered to share diverse ideas.
- Exceptional communication skills with the ability to negotiate and influence at a senior level. You must have experience managing complex third-party relationships and navigating 'matrix' internal structures with diplomacy.
- Advanced knowledge of FCA regulations, specifically Consumer Duty. You must be able to translate complex legislation into actionable business processes, taking personal ownership of compliance and ethical delivery.
- The ability to transform raw data into a compelling narrative. You should be highly skilled at summarising recommendations and presenting them with passion to diverse audiences, from board members to media channels.
- Highly organised with a proven ability to manage multiple projects and prioritise team workloads in a fast-paced environment.
- A demonstrated commitment to continuous professional development. You are someone who explores new opportunities to overcome challenges and views every obstacle as a chance to grow.
- A strong understanding of the Caravan and Motorhome Club’s unique member base, goals, and organisational structure.
The Caravan and Motorhome Club is committed to employing a diverse workforce. All applications are treated equally and we recruit purely on the basis of skills and experience. We know our greatest strength is our people, so differences are celebrated, and we strive to create an environment where colleagues feel respected and valued for their unique potential.
Apply now
To apply for this role just send your up-to-date CV and a covering letter to our Head Office recruitment team.
Head office vacancies: 01342 778 304
Sites vacancies: 01342 337 787
Senior Insurance Product Manager employer: Caravan Club Limited
The Caravan and Motorhome Club is an exceptional employer that prioritises a supportive and inclusive work culture, fostering personal development and collaboration among its team members. With a strong commitment to employee growth, the Club offers opportunities to lead innovative financial services while ensuring member satisfaction and compliance with industry standards. Located in a vibrant community, employees benefit from a dynamic environment where diverse perspectives are celebrated, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Product Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
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✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Caravan Club Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Insurance Product Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Caravan Club Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Caravan Club Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Caravan Club Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Caravan Club Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Caravan Club Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Caravan Club Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.