Product Manager - General Insurance Sector
NOVAC TECHNOLOGY SOLUTIONS PRIVATE LIMITED
All India, Chennai • 1 month ago
Experience: 5 to 9 Yrs
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Job Description
As a highly motivated and experienced Product Manager / Senior Product Manager in the General Insurance sector (Non Motor, Property & Casualty, Fire, and Marine), your primary role will be to lead the product development lifecycle from ideation to execution. You should have a strong background in product management, including creating and managing BRDs and FRDs, as well as a successful track record of driving product launches in the insurance domain.
Key Responsibilities:
- Define and execute the product roadmap aligned with business objectives specific to the General Insurance industry.
- Collaborate with cross-functional teams to ensure seamless product development and delivery.
- Gather and analyze user and business requirements to create clear BRDs and FRDs.
- Conduct market research, competitor analysis, and regulatory assessments to identify trends and opportunities.
- Define key product metrics and drive data-driven decision-making.
- Work with stakeholders to prioritize product features based on customer needs and compliance requirements.
- Oversee the end-to-end product lifecycle, including ideation, planning, development, launch, and post-launch optimization.
- Ensure compliance with IRDAI regulations and industry standards in product development.
Required Skills & Qualifications:
- 8+ years of product management experience, with a minimum of 5+ years in the General Insurance industry.
- Strong expertise in creating and managing BRDs and FRDs.
- Proven success in launching and scaling insurance products.
- Deep understanding of General Insurance products, underwriting, claims management, and regulatory requirements.
- Excellent problem-solving and strategic thinking skills.
- Proficiency in Agile methodologies and experience with tools like Jira, Confluence, or similar.
- Strong analytical skills and experience in data-driven decision-making.
- Excellent communication and stakeholder management abilities.
- Bachelor's/Master's degree in Business, Insurance, Engineering, Computer Science, or a related field. As a highly motivated and experienced Product Manager / Senior Product Manager in the General Insurance sector (Non Motor, Property & Casualty, Fire, and Marine), your primary role will be to lead the product development lifecycle from ideation to execution. You should have a strong background in product management, including creating and managing BRDs and FRDs, as well as a successful track record of driving product launches in the insurance domain.
Key Responsibilities:
- Define and execute the product roadmap aligned with business objectives specific to the General Insurance industry.
- Collaborate with cross-functional teams to ensure seamless product development and delivery.
- Gather and analyze user and business requirements to create clear BRDs and FRDs.
- Conduct market research, competitor analysis, and regulatory assessments to identify trends and opportunities.
- Define key product metrics and drive data-driven decision-making.
- Work with stakeholders to prioritize product features based on customer needs and compliance requirements.
- Oversee the end-to-end product lifecycle, including ideation, planning, development, launch, and post-launch optimization.
- Ensure compliance with IRDAI regulations and industry standards in product development.
Required Skills & Qualifications:
- 8+ years of product management experience, with a minimum of 5+ years in the General Insurance industry.
- Strong expertise in creating and managing BRDs and FRDs.
- Proven success in launching and scaling insurance products.
- Deep understanding of General Insurance products, underwriting, claims management, and regulatory requirements.
- Excellent problem-solving and strategic thinking skills.
- Proficiency in Agile methodologies and experience with tools like Jira, Confluence, or similar.
- Strong analytical skills and experience in data-driven decision-making.
- Excellent communication and stakeholder management abilities.
- Bachelor's/Master's degree in Business, Insurance, Engineering, Computer Science, or a related field.
Skills Required
Posted on: March 3, 2026
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