Symbo Insurance - Mumbai, India - iimjobs

Description

• Collaborate closely with the sales team to understand their needs and expectations regarding insurance products.
• Identify key features, functionalities, and any specific customer requests communicated by the sales team.
• Thoroughly document these requirements to serve as a foundation for product development and ensure alignment with customer expectations.

• Utilize gathered requirements to envision the insurance product.
• Consider the target audience, prevailing market trends, and competitive landscape during the conceptualization phase.
• Develop highlevel product concepts, outlining potential features, user experience considerations, and overall value proposition to address customer needs effectively.

• Engage proactively with the insurance company to align on the product offering, leveraging the insights gained from conceptualization and sales team collaboration.
• Facilitate discussions on pricing models, coverage details, and regulatory considerations to ensure compliance and competitiveness.
• Ensure that the finalized product meets all legal and regulatory requirements, fostering a mutually beneficial partnership with the insurance company.

• Delve into enrollment data to gain insights into customer behavior, identifying patterns such as peak enrollment periods and common demographic characteristics.
• Analyze claims data meticulously to evaluate the effectiveness of the insurance product, examining trends, cost patterns, and areas for improvement.
• Utilize datadriven insights to refine existing products, optimize coverage offerings, and enhance overall customer satisfaction.
• These responsibilities encompass a comprehensive approach to insurance product management, focusing on collaboration, innovation, and datadriven decisionmaking to deliver competitive and customercentric insurance solutions.