Product Development Manager- Motor Insurance in Wolverhampton
Product Development Manager- Motor Insurance

Product Development Manager- Motor Insurance in Wolverhampton

Wolverhampton Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the development of innovative motor insurance products and manage enhancements.
  • Company: Premium Choice Insurance, a specialist UK motor insurance broker with 25 years of experience.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Take ownership of product development and make a real impact in the insurance industry.
  • Qualifications: Experience in UK Private Motor insurance and strong organisational skills.
  • Other info: Collaborative environment with a focus on innovation and customer satisfaction.

The predicted salary is between 36000 - 60000 £ per year.

About Premium Choice Insurance

Premium Choice Insurance is a specialist UK motor insurance broker with over 25 years’ experience, working with a wide panel of insurer and data partners to deliver tailored, customer-focused motor insurance products.

The Role

Reporting into the Underwriting Director, you’ll take the lead on delivering new Private Motor products and managing changes and enhancements to existing schemes. This is a hands-on product development role with real ownership — combining product design, data, governance, and delivery. You’ll work closely with underwriting and external partners to ensure products are delivered smoothly and perform well.

Key Responsibilities

  • Lead and project manage the delivery of scheme rules, rating and decision logic
  • Own product change delivery from concept through build, testing, UAT, sign-off and live implementation
  • Create and amend Active Quote Rules
  • Build and Update Mobius Tables
  • Create, maintain and manage product specifications for internal teams and insurer partners
  • Work with underwriting and pricing teams on risk appetite, referrals, declines, and footprint expansion
  • Manage and update product rules and rating / decision logic
  • Liaise with third-party suppliers and data providers to agree requirements and go-live dates
  • Monitor and manage motor data sources, including vehicle and enrichment data
  • Track product performance, scheme results and MI, identifying issues and improvement opportunities
  • Support analysis of scheme performance and customer outcomes
  • Investigate product issues raised across the business and propose solutions

About You

You have hands-on experience delivering UK Private Motor insurance schemes, ideally within a broker or MGA environment.

You’ll ideally have:

  • Proven experience in insurance product development or product management
  • Experience in dealing with data and service providers
  • Experience delivering product change in complex, multi-stakeholder environments
  • Confidence working with underwriting, pricing, IT and external partners
  • Excellent organisational and stakeholder management skills
  • A proactive mindset with the ability to work independently and own outcomes

If this sounds like a good fit — or you’d like an informal conversation about the role — we’d be happy to chat. Apply via LinkedIn or get in touch to find out more.

Product Development Manager- Motor Insurance in Wolverhampton employer: Premium Choice

Premium Choice Insurance is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With over 25 years in the motor insurance sector, employees benefit from extensive professional growth opportunities, a supportive culture that values initiative, and the chance to make a tangible impact on product development. Located in the UK, the company fosters a strong sense of community and teamwork, making it an ideal place for those seeking meaningful and rewarding careers in insurance.
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Contact Detail:

Premium Choice Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Development Manager- Motor Insurance in Wolverhampton

✨Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those who work in product development. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its products. Show us you know your stuff about motor insurance and how you can contribute to their success. Tailor your answers to highlight your relevant experience!

✨Tip Number 3

Don’t just wait for job alerts! Regularly check our website for new opportunities. We often post roles there first, so being proactive can give you the edge over other candidates.

✨Tip Number 4

Follow up after interviews with a thank-you email. It’s a simple gesture that shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit!

We think you need these skills to ace Product Development Manager- Motor Insurance in Wolverhampton

Product Development
Project Management
Data Management
Stakeholder Management
Insurance Product Knowledge
Analytical Skills
Problem-Solving Skills
Communication Skills
Organisational Skills
Experience with Underwriting
Experience with Pricing
Experience with Third-Party Suppliers
Ability to Work Independently
Proactive Mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Product Development Manager. Highlight your experience in motor insurance and product development, and don’t forget to mention any hands-on projects you've led!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about motor insurance and how your skills align with our needs. Be genuine and let your personality come through.

Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage product changes and work with stakeholders. Numbers and results can really make your application stand out!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!

How to prepare for a job interview at Premium Choice

✨Know Your Product Inside Out

Before the interview, make sure you thoroughly understand the motor insurance products offered by Premium Choice Insurance. Familiarise yourself with their unique selling points and how they compare to competitors. This will show your genuine interest and help you answer questions confidently.

✨Prepare for Stakeholder Scenarios

Given the role's emphasis on managing multiple stakeholders, think of examples from your past experience where you've successfully navigated complex relationships. Be ready to discuss how you handled challenges and ensured smooth communication between teams.

✨Showcase Your Data Skills

Since the role involves working with data and performance tracking, be prepared to discuss your experience with data analysis tools and methodologies. Bring specific examples of how you've used data to drive product decisions or improvements in previous roles.

✨Ask Insightful Questions

At the end of the interview, have a few thoughtful questions ready about the company's future product strategies or how they measure success in their motor insurance schemes. This not only shows your enthusiasm but also helps you gauge if the company aligns with your career goals.

Product Development Manager- Motor Insurance in Wolverhampton
Premium Choice
Location: Wolverhampton
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  • Product Development Manager- Motor Insurance in Wolverhampton

    Wolverhampton
    Full-Time
    36000 - 60000 £ / year (est.)
  • P

    Premium Choice

    50-100
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