Product Manager at Jubilee Insurance

Job Ref. No. JLIL078

Role Purpose

The Product Manager will be responsible for the Life product planning and execution throughout the Product Lifecycle, including gathering and prioritizing Life products and customer requirements, defining the product vision, integration of backend/frontend operations for all products before launch and working closely with actuarial, sales, marketing teams and all key stakeholders to ensure revenue and customer satisfaction goals are met. The Product Manager will also ensure that the product supports the company’s overall strategy and goals.

Main Responsibilities

• Define the product strategy and roadmap
• Prepare Market Requirement Documents and Product Requirement Documents with prioritized features and corresponding justification.
• Analyse consumer needs, current market trends, and potential partnerships from an ROI and build vs. buy perspective.
• Drive the execution of all product lifecycle processes for all Life products, including product research, market research, competitive analysis, planning, positioning, roadmap development, requirements development, and product launch
• Translate product strategy into detailed requirements for prototype construction and final product development
• Work with external third parties to assess partnerships and licensing opportunities
• Develop the core positioning for the Life products
• Monitoring the market and developing competitive analyses.

Key Competencies

• Visionary Leadership
• Entrepreneur Spirit
• Market Awareness
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit

Qualifications

• Bachelor’s degree in Actuarial Science, Commerce, Statistics, or any other related field.
• Masters will be ad added advantage.
• Diploma in Insurance/LOMA Qualification

Relevant Experience

• A minimum of 7 years’ experience in Product Development.
• Project management experience will be an advantage.
• Deep knowledge of the insurance industry