Product Manager: Corporate Insurance Solutions

Location: Sydney CBD, New South Wales
Contract Type: Permanent
Specialisation: Banking & Financial Services
Salary: Negotiable
REF: BBBH92738_1489106928

Responsibilities include:

  • Input to Group Risk Product profitability and growth initiatives and delivery of product to meet or exceed financial metrics in industry fund and corpoarte insurance spaces.
  • Prioritise initiatives to improve revenue/reduce costs.
  • Effective management of Group Risk relationship with key internal stakeholders (distribution, corporate and finance, legal, claims and underwriting, admin etc)
  • Document group insurance policies and related documents and obtain stakeholder and legal sign-off
  • Drives the product development process to deliver competitive insurance solutions for the appropriate segment. Prepare annual compliance documents and obtain stakeholder sign-off
  • Maintaining OnePath's stand-alone product as market-leading including development of subsequent versions
  • Investigate, monitor and report on new product ideas
  • Assist to develop product strategy
  • Exhibit a commitment to building relationships and networks with internal and external stakeholders
  • Develop reporting protocols to clients to increase engagement (key trends, figures, market issues, state of the nation and industry change reports etc)
  • Draft required policy documents and endorsements in alignment with agreement
  • Draft and acheive approval for annual product reviews and associated risk management initiatives
  • Participates in group risk projects to ensure that processes and overall offering are in line with contracts and client expectations
  • Market comparisons against competitor products including market share.
  • Product analysis and segmentation.
  • Proactive provision of policy design suggestions for clients
  • Maintenance of policy register and maintenance of policy issues log

Candidate Requirements:

  • Previous experience gained within Product Management or 1st Line Risk
  • Strong insurance product knowledge
  • Previous experience of working with sophisticated corporate/institutional clients
  • Legal and Risk Management experience is highly regarded