Senior Product Manager - Insurance

Department: Consulting

Employment Type: Permanent - Full Time

Location: Home United Kingdom

Description

Key Responsibilities

• Product Leadership: Take ownership of the entire product lifecycle, from concept to launch, and ensure alignment with a focus on driving insurance solutions in alignment with the company vision. 
• Insurance Strategic Planning: Work directly with the Consulting and Technology Insurance Lead and associated team to develop Insurance Business Strategy into compelling Insurance Products into repeatable products. 
• Roadmap Ownership: Create and maintain a clear and well-communicated product roadmap that outlines key features, enhancements, and releases, ensuring alignment with business priorities.
• Cross-Functional Collaboration: collaborate with cross-functional teams, including, development, design, marketing, and commercial, to drive product success and alignment with company goals.
• Market Analysis: Conduct in-depth market research to identify emerging trends, opportunities, and areas for growth within the insurance and InsurTech landscape.
• Competitive Analysis: Monitor competitor products, including InsurTech and core insurance platform providers, identifying areas for differentiation and innovation.
• Financial Accountability: Manage the product budget, track financial performance, and ensure products meet revenue, profitability, and cost control targets.
• Customer-Centric Approach: Maintain a deep understanding of user needs across insurers, brokers, MGAs, and claims teams, through continuous engagement and feedback.
• Product Launch Excellence: Work closely with the stakeholder environment to plan and execute successful product launches, including go-to-market strategies, marketing collateral, and customer training materials.
• KPI-Driven Decision-Making: Define and track key performance indicators (KPIs) to measure the success and impact of product initiatives.

Skills, Knowledge & Expertise

• Insurance Domain Expertise Essential: strong knowledge of insurance value chains, including claims, Underwriting, Delegated Authority, policy administration and regulatory requirements, to inform product decisions.
• Regulatory & Compliance Awareness: Ensure products are designed in line with UK and international insurance regulations (e.g. FCA requirements, data protection, auditability).
• Extensive experience as a Product Manager across the full lifecycle from ideation, to development and Go-To-Market.
• People management skills, with the ability to lead cross-functional teams.
• Exceptional analytical and strategic thinking abilities.
• Proficiency in creating and maintaining product roadmaps and strategy documents.
• Good communication and interpersonal abilities, with the capacity to effectively collaborate with stakeholders at all levels.
• Ability to thrive in a fast-paced, dynamic environment.
• Dedication to delivering exceptional products that meet customer needs and drive business growth.
• Experience in regulated industries, such as insurance or banking, is advantageous

Job Benefits

• Reward platform – discounts for over 800 retailers
• 25 days holiday (rising with service)
• Well-being centre
• Recognition programme
• Paid fertility appointments
• Fostering friendly employer
• Pension - matched contribution at 5%
• Life Assurance (4 x basic salary)
• Development, training, and professional qualification