Assistant Vice Product - Product Management - Life Insurance

Position Title : AVP - Product Management.

Industry - Life Insurance.

Key Responsibilities:

The Assistant Vice President - Product Management will be primarily responsible for the following areas:

IRDAI Filing Documents:

Prepare and thoroughly review all IRDAI filing documents, including:

- Sales literature.

- Policy documents.

- Proposal forms.

- Benefit illustrations.

- Other regulatory submissions.

- Coordinate with cross-functional teams such as Actuarial, Compliance, Claims, and Operations to finalize documents.

Product Launch Management:

Lead end-to-end product launch initiatives:.

- Conduct "Train-The-Trainer" sessions to ensure sales readiness.

- Ensure marketing collaterals are prepared and aligned with brand standards.

- Manage system readiness including UAT sign-offs, product boundary validations, premium/benefit calculations, and accurate deployment of product content across digital platforms (website, app).

New Product Development:

- Drive the ideation and development of innovative product concepts aligned with customer needs, market trends, and regulatory compliance.

- Collaborate with internal stakeholders to take ideas from concept to commercial launch.

Data Analytics & Business Insights:

- Deliver actionable insights and dashboards to senior leadership for strategic decision-making.

- Analyse product and channel performance to support product mix optimization.

- Develop product content and storytelling materials to enhance sales and marketing effectiveness.

Competition Benchmarking:

- Monitor and analyse competitor products, pricing, features, and positioning.

- Share timely and detailed benchmarking insights to support strategic planning and product enhancements.