At a Glance
- Tasks: Manage and develop the Coutts Travel Protection product to meet client needs and business strategy.
- Company: Join a prestigious private banking team at Coutts, known for excellence and innovation.
- Benefits: Gain exposure, develop your skills, and make a real difference in client experiences.
- Other info: Collaborate with diverse stakeholders and enjoy excellent career growth opportunities.
- Why this job: Be at the forefront of product management in a dynamic banking environment.
- Qualifications: In-depth product management knowledge and experience in the insurance industry required.
The predicted salary is between 55000 - 65000 £ per year.
Join us as a Coutts Travel Protection Product Manager in Private Banking. In this varied role, you'll be managing our high-profile Coutts Travel Protection product, including its ongoing management, design and development in line with business strategy, while ensuring it continues to meet client needs, deliver good customer outcomes and meet all regulatory and governance requirements.
We'll look to you to make sure the right client, product and market research is carried out to generate insights to help design and develop our product. You'll have the chance to develop yourself, make a real difference to the client experience and gain great exposure.
What You'll Do
As Coutts Travel Protection Product Manager, you'll be making sure our product meets business strategy and client needs, providing key training, materials, guidance and sales processes for the business to use and adhering to all relevant governance and regulations. You'll be ensuring appropriate client, product and market research is carried out and analysed to generate insights, so we can further design and develop our product and enhance the client experience.
Day-to-day, You'll Be
- Delivering all product management related aspects of our proposition across all distribution channels in line with relevant governance regulations and Bank strategy.
- Delivering the day-to-day product delivery, particularly in relation to regulatory change and reporting, marketing distribution activities, financials and operational aspects.
- Maintaining the products in line with our policy standards and product governance, including managing risk, issues and dependencies logs, annual strategy, budget and pricing reviews.
- Identifying and troubleshooting product and product related issues, and helping to resolve client queries and complaints.
- Building effective relationships with a wide variety of stakeholders across the Coutts and Natwest business and third-party suppliers for the efficient delivery, distribution and management of the product.
The Skills You'll Need
- In-depth product management knowledge, including product lifecycle management, product design and manufacture.
- A proactive approach, strong organisational skills and an excellent track record of meeting objectives within deadlines and budgets.
- Knowledge of insurance and familiarity with UK regulation of the insurance industry.
- Experience of managing products, including managing product governance, strategy reviews and product implementation.
- Experience of communicating and marketing products.
- Experience of managing budgets and pricing reviews.
- Monitoring and interpreting insights to support product management and development.
- Good stakeholder and relationship management skills.
- Excellent attention to detail.
Coutts Travel Protection Product Manager, Private Banking in Edinburgh employer: Coutts
Contact Detail:
Coutts Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Coutts Travel Protection Product Manager, Private Banking in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their travel protection offerings and think about how your skills can enhance their client experience. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be ready to explain how your product management experience aligns with their needs. Highlight your knowledge of insurance regulations and your proactive approach to problem-solving.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Coutts.
We think you need these skills to ace Coutts Travel Protection Product Manager, Private Banking in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Coutts Travel Protection Product Manager role. Highlight your product management experience, especially in insurance and regulatory environments, to show us you’re the right fit for the job.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about this role and how your skills align with our needs. Use specific examples from your past experiences that demonstrate your ability to manage products and meet client needs.
Showcase Your Research Skills: Since research is key in this role, mention any relevant experience you have in conducting market or client research. We want to see how you’ve used insights to drive product development and enhance client experiences.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Coutts
✨Know Your Product Inside Out
Before the interview, make sure you thoroughly understand the Coutts Travel Protection product. Familiarise yourself with its features, benefits, and how it aligns with client needs and regulatory requirements. This will not only show your enthusiasm but also demonstrate your capability to manage and develop the product effectively.
✨Research the Market and Competitors
Dive into market research related to travel protection products and understand what competitors are offering. Be prepared to discuss insights you've gathered and how they could influence the design and development of the Coutts product. This shows that you're proactive and can think strategically about product management.
✨Prepare for Stakeholder Engagement
Since building relationships with stakeholders is key in this role, think of examples from your past experiences where you've successfully managed stakeholder relationships. Be ready to share how you would approach collaboration with various teams to ensure the product meets business strategy and client expectations.
✨Showcase Your Regulatory Knowledge
Given the importance of compliance in this role, brush up on UK insurance regulations and be prepared to discuss how you would ensure the product adheres to these standards. Highlight any previous experience you have with regulatory change and how you navigated those challenges.