Senior Product Strategy Manager at Work Place Centre Limited

LOCATION: VICTORIA ISLAND, LAGOS STATE

INDUSTRY: FINTECH

Key Deliverables

• Champion the conceptualization of products and manage product development activities for all sales distributions.
• Work with relevant stakeholders including sales teams, actuarial services and strategy departments to identify product related gaps in the life insurance industry with a view to developing products that address these gaps.
• Develop a centralized database of latest market insights, competitors' product offerings, propositions, marketing & sales campaigns for proactive management of competitions.
• Develop a standardized FBNI process for developing and launching products
• Engage relevant support departments (IT, Technical, Premium Admin, Marketing, etc) that would be necessary for smooth launching and continuous sale of new products.
• Coordinate and obtain sign-off for Product Business Case from relevant Functional Heads, and submit for Management and Board approval
• Engage relevant stakeholders in upstream discussions, work with Enterprise Risk Management, Compliance and Control department to seek approval from relevant regulatory bodies and ensure timelines are met.
• Provide on-going support to all distributions (internal and external stakeholders) in all matters related to products.
• Work closely with Actuarial Services to determine and periodically review new and existing product prices and rates
• Identify and recommend product bundling opportunities with financial and non-financial services providers.
• Prepare and obtain sign off for Product Write-Up, Policy Contract, Product Summary etc.
• Product portfolio management to achieve budget and business KPIs

Requirement:

• Bsc. Computer Science, Engineering or Business Administration or it equivalent
• MBA will be an add advantage
• 5+ years of product management or strategy experience. FinTech experience will be an advantage
• Enjoy working as a team to solve problems collaboratively
• track record of successfully introducing products to the market
• Strategic thinker, analytical & data driven with experience presenting solutions to senior level audience strong desire and ability to connect with customers understand their challenges and communicate a vision for how our products can address their challenges
• Excellent interpersonal Skills
• Strong communication skills across verbal, written and presented content
• Experience taking early-stage products from concept through early go to market