At a Glance
- Tasks: Join a dynamic team to drive innovation in life and health insurance.
- Company: A leading global insurance firm known for its inclusive culture and excellent benefits.
- Benefits: Enjoy a competitive salary, bonuses, and a supportive hybrid work environment.
- Other info: Collaborate with experts and partners to shape the future of insurance across Europe and Latin America.
- Why this job: Be part of a forward-thinking team that challenges the status quo and makes a real impact.
- Qualifications: Experience in insurance or reinsurance, with a passion for technology trends and consumer insights.
The predicted salary is between 40000 - 52000 £ per year.
Our client is a leading global insurance organisation with an excellent reputation, offering a friendly, team-oriented, and inclusive environment along with an excellent benefits package. They are looking to recruit a highly self-motivated individual to join their newly established innovation team, which covers the life and health insurance markets for Europe and Latin America.
The successful individual will join a regional hybrid team, so they need to be effective collaborators and communicators. They will support the team throughout the new proposition journey, from initial market analysis to identifying opportunities, conducting customer research, testing, and finally full market launch.
Experience in primary insurance and/or reinsurance, knowledge of technology trends and their impact on consumers and society, and Life & Health insurance experience would be highly beneficial.
Duties:
- Develop the innovation framework by building external and internal networks, running workshops, finding partners, etc., with the aim of identifying business opportunities that fit within the innovation strategy.
- Research, analyze, interpret, and present findings on identified innovation topics.
- Inform key decisions by using available data to determine the potential size of opportunities.
- Participate in testing and market launch of opportunities approved by management.
- Participate in client and industry presentations to meet the team’s objectives.
- Organize meetings with management and prepare necessary documentation.
- Challenge the status quo to find new ways of doing things, both products and processes.
- Build and manage key strategic relationships with internal experts and external partners, including collaboration with local office innovation/business development colleagues.
- Help improve the team’s performance by monitoring and understanding key business metrics.
Innovation / Product Development Analyst. in London employer: Taylor James Resourcing
As a leading player in the fintech sector, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all while being part of a forward-thinking team dedicated to revolutionising payment solutions across our extensive retail network.
StudySmarter Expert Advice🤫
We think this is how you could land Innovation / Product Development Analyst. in London
✨Tip Number 1
Familiarise yourself with the latest trends in the insurance industry, especially in life and health sectors. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance and innovation fields. Attend industry events or webinars to connect with potential colleagues and learn about the latest innovations, which can give you an edge when discussing your fit for the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully collaborated on projects in the past. Highlighting your teamwork and communication skills will be crucial, as this role requires effective collaboration within a hybrid team.
✨Tip Number 4
Research the company’s current products and any recent innovations they’ve introduced. Being able to speak knowledgeably about their offerings and suggesting areas for improvement can demonstrate your proactive approach and genuine interest in the role.
We think you need these skills to ace Innovation / Product Development Analyst. in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in innovation and product development, particularly in the insurance sector. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for innovation in the insurance industry. Mention specific examples of how you've contributed to product development or market analysis in previous roles.
Highlight Collaboration Skills:Since the role requires effective collaboration, emphasise your teamwork and communication skills. Provide examples of successful projects where you worked with cross-functional teams.
Showcase Analytical Abilities:Demonstrate your analytical skills by discussing your experience with market research and data interpretation. Include any tools or methodologies you are familiar with that are relevant to the role.
How to prepare for a job interview at Taylor James Resourcing
✨Understand the Innovation Landscape
Familiarise yourself with current trends in the insurance industry, especially in life and health sectors. Be prepared to discuss how these trends can influence product development and innovation strategies.
✨Showcase Your Analytical Skills
Prepare examples of how you've used data to inform decisions in previous roles. Highlight your ability to conduct market analysis and interpret findings, as this will be crucial for the role.
✨Demonstrate Collaboration Experience
Since the role requires effective collaboration, think of instances where you've successfully worked in a team. Be ready to discuss how you communicate and build relationships with both internal and external stakeholders.
✨Prepare for Scenario-Based Questions
Anticipate questions that ask how you would approach specific challenges in innovation or product development. Practise articulating your thought process and decision-making skills in these scenarios.
