Product Manager - General Insurance

Job Summary:

We are looking for a highly motivated and experienced Product Manager / Senior Product Manager to lead the product development lifecycle from ideation to execution in the General Insurance sector (Non Motor, Property & casualty, Fire, and Marine). The ideal candidate will have a strong background in product management, experience in creating and managing BRDs (Business Requirement Documents) and FRDs (Functional Requirement Documents), and a proven track record of driving successful product launches in the insurance domain.

Job Title: Product Manager/ Senior Product Manager - General Insurance

Experience: 8+ years

Location: Navi Mumbai

Key Responsibilities:

• Define and execute the product roadmap in alignment with business objectives specific to the General Insurance (Non Motor, Property & casualty, Fire, and Marine).
• Collaborate with cross-functional teams, including underwriting, claims, actuarial, engineering, design, marketing, and sales, to ensure seamless product development and delivery.
• Gather and analyze user and business requirements to create BRDs and FRDs, ensuring clear communication of business and functional needs.
• Conduct market research, competitor analysis, and regulatory assessments to identify trends and opportunities in the insurance space.
• Define key product metrics and drive data-driven decision-making.
• Work closely with stakeholders to prioritize product features and enhancements based on customer needs and compliance requirements.
• Oversee the end-to-end product lifecycle, including ideation, planning, development, launch, and post-launch optimization.
• Ensure compliance with IRDAI regulations and other industry standards in product development.

Required Skills:

• 8+ years of experience in product management, with at least 3+ years in the General Insurance industry.
• Strong experience in creating and managing BRDs and FRDs.
• Proven track record of successfully launching and scaling insurance products.
• Deep understanding of General Insurance products, underwriting, claims management, and regulatory requirements.
• Excellent problem-solving skills and strategic thinking abilities.
• Proficiency in Agile methodologies and experience with tools like Jira, Confluence, or similar.
• Strong analytical skills with experience in data-driven decision-making.
• Excellent communication and stakeholder management skills.