At a Glance
- Tasks: Lead product strategy and development for motor insurance, ensuring customer-centric solutions.
- Company: Dynamic insurance company with a focus on innovation and collaboration.
- Benefits: Private medical insurance, yearly bonuses, 25 days leave, and life assurance.
- Other info: Hybrid work model with opportunities for career growth and mentorship.
- Why this job: Shape the future of motor insurance while making a real impact on customer experiences.
- Qualifications: Experience in product management within insurance and strong leadership skills.
The predicted salary is between 54000 - 66000 £ per year.
Senior Product and Propositions Manager - Motor Insurance
Location
Hybrid to Manchester or Peterborough (2 days per week)
We are looking for a Senior Product & Propositions Manager who will provide strategic oversight and leadership for product and proposition activity across one or more product areas, supporting the commercial strategy and long term performance of the business.
The role owns customer understanding, propositions and governance outcomes, ensuring products are competitive, compliant, customer centric and commercially effective across their lifecycle.
Acting as a senior subject matter expert, the role partners closely with Product Owners, commercial leaders, risk, compliance and delivery teams, while providing guidance and oversight to managers and executives within the Product & Proposition function.
Key Accountabilities and Responsibilities
- Own product strategy and insight: Understand customer needs, market dynamics and competitors, using insights to shape product, proposition and portfolio strategy.
- Drive product and proposition development: Oversee customer journey design, acquisition, distribution and performance analysis, prioritising strategic initiatives and improvements.
- Lead governance and compliance: Maintain accountability for product governance, regulatory adherence, customer outcomes and all product documentation (e. g. policy wording, IPIDs).
- Ensure quality and customer experience: Oversee communications, journeys and marketing content to ensure clarity, consistency and accuracy; manage incidents and remediation activity.
- Provide leadership and stakeholder management: Lead key projects, mentor team members and act as a senior interface with stakeholders, insurers and governance forums.
- Support operations and issue resolution: Oversee product enquiries and resolve complex or escalated issues while ensuring effective oversight of tools, channels and schemes.
Skills, Experience and Knowledge
Essential
- Experience in product or proposition management within insurance or financial services.
- Strong understanding of product governance, regulatory frameworks and customer outcomes.
- Proven capability to lead complex initiatives and influence senior stakeholders.
- Demonstrated experience owning product or proposition performance and strategy.
Desirable
- Experience managing or mentoring product managers or executives.
- Deep familiarity with comparison sites, pricing or distribution models.
- Experience working closely with Product Owners, digital teams or commercial leadership.
What we offer in return?
- A collaborative and fast paced work environment
- Private Medical Insurance
- Health care cash plan
- Yearly bonus scheme
- 25 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service)
- Life Assurance 4x annual salary
Senior Product and Propositions Manager - Motor in Salford employer: Vermelo RPO Careers
Join a dynamic and growing Financial Services business that values collaboration and innovation, offering a supportive work culture where your contributions are recognised and impactful. As a Central Functions Finance Business Partner, you will have the opportunity to engage with senior leaders, driving strategic financial decisions while benefiting from professional development opportunities and a commitment to employee growth. Located in a vibrant area, the company promotes a healthy work-life balance and fosters an environment where your expertise can flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Product and Propositions Manager - Motor in Salford
✨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.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Vermelo RPO Careers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨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 Vermelo RPO Careers. 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 Product and Propositions Manager - Motor in Salford
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 Vermelo RPO Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Vermelo RPO Careers. 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 Vermelo RPO Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Vermelo RPO Careers 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 Vermelo RPO Careers, 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 Vermelo RPO Careers'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.
