Product Manager

Intelligent Solutions Recruitment Specialists

Job Location:

Riyadh - Saudi Arabia

Monthly Salary: Not Disclosed

Posted on: 3 days ago

Vacancies: 1 Vacancy

Department:

Insurance

Job Summary

General Overview:

Our client a leading Insurance company in Riyadh KSA is looking to hire a Product Manager to lead the development and launch of their Digital Insurance products. You will be actively involved in developing smart Insurance solutions in the retail space performing research and market assessments designing new propositions and implementing product rollout plans in line with the company product portfolio and overarching strategy. The ideal candidate will have a strong background in product management digital technology and the Insurance industry.

Key Responsibilities:

Develop and execute the product strategy and roadmap for digital Insurance products including defining product vision features and enhancements.

Collaborate with crossfunctional teams including engineering design marketing and sales to deliver highquality digital Insurance solutions on time and within budget.

Conduct market research competitor analysis and customer feedback to identify market trends opportunities and customer pain points.

Define and prioritize product features based on customer value business impact and technical feasibility using agile product development methodologies.

Work closely with technology teams to ensure successful implementation and integration of digital Insurance products including API integrations and data analytics capabilities.

Monitor key performance indicators (KPIs) and metrics to track product performance user engagement and business impact and iterate on product features based on datadriven insights.

Collaborate with marketing and partnership teams to develop gotomarket strategies positioning and messaging for digital Insurance products and support sales enablement efforts.

Develop partnership strategy for retail products collaborating within the team to identify target segments customers and opportunities.

Develop and implement strategies to meet or exceed sales targets set by management for the 2024 portfolio.

Provide recommendations on determining product KPIs assessment tools and frameworks to enable effective monitoring of product performance.

Recommend improvements on portfolio expansion opportunities and ideas to ensure alignment with preset strategy and targets.

Identify existing products requiring update/improvement (i.e. new features) in coordination with portfolio analysis and reporting.

Prepare product filing documentation to ensure alignment with internal and national policies prior to its rollout.

Develop a product business case and recommend improvements to secure approval of the product committee and external regulators.

Provide regular updates and reports on sales performance (tracking against budget) market trends and competitive landscape to senior management and stakeholders.

Stay informed about industry trends emerging technologies and regulatory changes impacting the digital Insurance landscape and incorporate insights into product strategy and roadmap.

Requirements

Skills & Experience:

Bachelors degree in Business Marketing Engineering or related field; MBA or advanced degree preferred.

4 years of experience in product management.

Proven track record of successfully launching and managing innovative products from concept to launch in a fastpaced environment.

Experience in working with squads with the ability to motivate and inspire crossfunctional teams to achieve shared goals.

Excellent communication collaboration and interpersonal skills with the ability to effectively engage and influence stakeholders at all levels of the organization.

Experience with Agile development methodologies and product management tools (e.g. Jira Trello Productboard).

Understanding of technology and software development processes with the ability to effectively communicate with technical teams and assess the technical feasibility of product features. Familiarity with product analytics A/B testing and datadriven decisionmaking.

Ability to thrive in a fastpaced dynamic environment adapting to changing priorities and overcoming challenges with resilience and determination.

Good knowledge of the Insurance industry.

Required Experience:

General Overview:Our client a leading Insurance company in Riyadh KSA is looking to hire a Product Manager to lead the development and launch of their Digital Insurance products. You will be actively involved in developing smart Insurance solutions in the retail space performing research and market ...