AU Small Finance Bank - Mumbai, India - iimjobs

    iimjobs
    Iimjobs background
    Full time
    Description

    Product related responsibility:
    Develop new Group Health insurance products along with Partner Product team

    • Ability to work with Insurance partners teams like Actuary, Pricing, Products, Compliance, Technology to conceptualize and create new product propositions on LI for Bank Customers
    • Performance monitoring of insurance products across sales metrics, report costs, commissions and general insurance reporting working closely with the Business
    • Do the market benchmarking of Retail Health Insurance Products for business Team

    Tech related responsibility:

    • Has an indepth understanding and knowledge of a few key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
    • Designing smooth and innovative Health Insurance customer journeys on all digital platforms
    • Understanding of APIs/Web services / Tech platforms will be preferred
    • Driving Health insurance business through website , chatbot and other point of sales
    • Designing product communication on all digital platforms and Health Insurance sales enablement
    • Making BRD for the change requests , new developments & building business testing scenarios and UAT execution
    • Working with project teams for sample testing and managing endtoend product/feature creation delivery
    • Owning project scope, milestone, timelines, and deliverables and ensuring project progress through regular reviews updates

    Digital Business-Related Responsibility:

    • Identifying, prioritizing and delivering product/journey improvements to improve usability and customer experience.
    • Understanding of customer segmentations, LI Product structuring, pricing, regulations etc a strong experience in overseeing all elements of the product development lifecycle is an advantage.
    • Designing product communication on all digital platforms and Life sales enablement
    • Design and drive Life business campaigns

    Qualifications :

    BTech or MBA with relevant 4 to 6 Years of experience Life Insurance Product designing and acquisition with proven track record of delivery of new products and features .


    Functional Competencies :

    • Ability to influence people at all levels across a broad variety of job functions
    • Thorough understanding of Life Insurance underwriting, Pricing, Third Party Pricing, Geographical impact
    • Structured thinker, effective communicator with excellent written communication skills and willingness to ask awkward questions
    • Demonstrated ability to manage tight delivery timelines and calmness under intense pressure
    • Commitment and selfmotivation suitable to a startup team in a large organization

    Behavioral Competencies :

    • Proactive, agile and highly responsive towards achieving goals leveraging key strengths and capitalizing on opportunities with a keen sense of urgency
    • Strong interpersonal skills, able to successfully build and maintain networking relationships (both formal and informal)
    • Problem Solver overcomes issues and barriers to implement complex solutions
    • Persistent and resilient to resolve complex problems that requires negotiation.
    • Continuously strives for excellence and improvement