Insurance Benefits Product Manager
hace 1 semana
Job Overview
We are seeking an experienced product development manager to lead the design, development, and implementation of insurance benefits for our credit card product suite. This role requires a deep understanding of the insurance business model, strong expertise in product development, and proven skills in go-to-market strategies.
About Us
Our company is committed to connecting and powering an inclusive, digital economy that benefits everyone, everywhere. We make transactions safe, simple, smart, and accessible using secure data and networks, partnerships, and passion.
Responsibilities
The successful candidate will be responsible for driving end-to-end product lifecycle management for insurance benefits tied to credit cards, ensuring alignment with consumer needs and market trends. You will collaborate with cross-functional teams including insurance partners, finance, compliance, and marketing, playing a key role in enhancing our product offerings and growing revenue streams.
Main Responsibilities
- Lead the development of insurance benefit products for credit cards from concept through to launch.
- Define product features, benefit structures, pricing strategies, and target audience.
- Conduct market research to identify emerging trends and consumer needs in credit card and insurance offerings.
- Develop and refine the go-to-market strategy, ensuring alignment with overall business goals.
Further Responsibilities
- Analyze market dynamics and customer data to make data-driven product decisions.
- Evaluate product performance using key metrics (e.g., ROI, customer acquisition costs, claims rates, etc.).
- Collaborate with finance teams to develop pricing models that balance customer value with profitability.
- Drive the digital transformation of insurance benefits, identifying opportunities to enhance customer experience through digital-first solutions.
- Develop innovative products that incorporate cutting-edge insurance technology (insurtech), ensuring competitive differentiation.
Necessary Skills
- 7+ years of experience in insurance product development, marketing preferably within credit card benefits or financial services.
- Deep knowledge of the insurance business model, including product development, underwriting, claims processing, and pricing strategies with a focus on UX.
- Demonstrated experience in end-to-end product development and go-to-market execution.
- Strong understanding of financial modeling, cost analysis, and performance metrics.
- High proficiency with analytics tools to drive data-driven decision-making.
Estimated Salary Range: $120,000 - $180,000 per year, depending on location and experience.
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