DVP - Products | Scrabble
Job Description
To manage the entire lifecycle of Product development from conceptualizing through filing, including<br /> related activities and launch. Manage product mix basis the unique channel dynamics to<br /> ensure product profitability. Engage in managing stakeholders in driving Products agenda within the<br /> channel. Work on enabling better process and innovation through Product development<br /> <br /> Job Responsibilities<br /> <br /> Very good understanding of IRDAI Product Regulations<br /> Understand competition product offering and assess and benchmark of product structures in<br /> terms of competitiveness, stories of seller, profitability of channel etc<br /> Managing lifecycle of Product development from conceptualizing, market insighting, relevance<br /> for seller, filing, system development and go live. <br /> Preparation of Sales Literature , Product Specs and other related documents for Filing and<br /> internal approvals<br /> Liaise with the Pricing and the IT team for product setup related requirements<br /> Assist in resolving queries and exploring improved processes<br /> Engaging with Channel to understand seller segment, product fitment basis product profitability,<br /> customer need and customer segment<br /> Work with channel teams , training and marketing to drive rider attachment and Protection<br /> through product stories and drive their adoption<br /> Ensure compliance to all Internal and Regulatory compliance matters<br /> <br /> EXPERIENCE & QUALIFICATIONS:<br /> Strong technical skills and understanding of key aspects of Insurance sales, product development,<br /> pricing, product filing and product strategy<br /> Strong analytical and communication and presentation skills<br /> Good knowledge of Excel<br /> Ability to work in a fast-paced environment with minimal supervision<br /> Advanced degree in management from Premier B-school with 8-12 years of work experience