Job Summary:
This role contributes to driving product strategy through market research, competitive analysis, and stakeholder collaboration to define vision, roadmap, and execution. It ensures regulatory compliance by managing product, Bancassurance, and treaty documentation, while mentoring junior analysts to enhance team capabilities and decision-making, optimize product offerings, and support business growth.
Roles & Responsibilities:
- Execute comprehensive market research and competitive analysis using industry reports, surveys, and customer insights to identify market trends, customer needs, and product opportunities, ensuring informed decision-making.
- Collaborate with key stakeholders to define product vision, strategy, and roadmap by aligning business objectives and prioritizing features to optimize product success and market positioning.
- Develop detailed product specifications, concept cards, and post-monitoring reports by gathering data, analyzing customer feedback, and tracking key performance metrics to enhance product performance and user satisfaction.
- Work closely with development, marketing, and training teams to clarify product requirements, facilitate alignment, and ensure effective implementation of product features for seamless execution and adoption.
- Draft and submit product and Bancassurance legal documentation by preparing required reports, ensuring compliance with regulatory guidelines, and coordinating submissions to the regulator to meet approval requirements.
- Lead comprehensive portfolio analysis using analytical tools to drive data-driven decision-making, identify performance trends and conduct in-depth risk assessments to highlight areas for optimization.
- Prepare and manage treaty documentation and renewal submissions by conducting detailed analyses, ensuring compliance with regulatory and company requirements, and coordinating with reinsurers to secure timely approvals and optimal treaty terms.
Pre-requisites (Education and Professional Experience):
- Bachelor's degree in Business Administration, Economics or any related field.
- Project Management certificate is an advantage.
- 5 – 7 years of experience in market research, project management, or a related field.
- Prior experience in the insurance industry is an advantage.