Insurance Product Manager

hace 6 días

Bogotá, Bogotá D.E., Colombia Mastercard A tiempo completo

About Us

At Mastercard, we strive to connect and power an inclusive digital economy that benefits everyone, everywhere. Our goal is to make transactions safe, simple, smart, and accessible.

We achieve this by using secure data and networks, partnerships, and passion to drive innovation and solutions that help individuals, financial institutions, governments, and businesses realize their full potential. Our decency quotient, or DQ, guides our culture and everything we do inside and outside of our company.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation, and delivers better business results.

Job Summary

We are seeking an experienced Insurance Product Manager to lead the design, development, and implementation of insurance benefits for our credit card product suite. This role requires an individual with deep knowledge of the insurance business model, strong expertise in product development, and proven skills in go-to-market strategies.

The ideal candidate is innovation-driven, has a digital-first mindset, and excels in financial analysis and vendor management. 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.

Key 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.
  • 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.

Requirements

  • 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 strong 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.

Preferred Qualifications

  • Familiarity with regulatory requirements related to insurance products and credit card offerings.
  • MBA or equivalent qualification in business, finance, or a related field is a plus.

Salary

$120,000 per annum.

Language

English.

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