Innovation Product Development Manager

2 weeks ago

London, United Kingdom Harrison Holgate Full time

A leading Lloyd's Market Insurance Company is recruiting for a Product Development Manager to join the Innovation Team, as they accelerate the
company's innovation initiatives. Innovation is an important theme within ongoing development and they have met with strong success over the past 2 years.
This person will report to the Head of Innovation and will work closely with the wider Strategy and Corporate Development function, a small team that works at the heart of the business to shape growth and transformation strategy and support its implementation.
As the Innovation Product Developer, you will work closely with our core underwriting and claims teams to augment and improve the products that they sell to our customers.
This will cover new endorsements, coverage and add-ons to existing products. It will also cover new solutions or services that sit within or alongside our current offerings.
This role is all about outcomes and you expect to see the outcome of your work generate new revenue or make clients stickier within the first 2 years of launch.
There is a strong collegiate culture and initiative is encouraged.
To be successful in the role you will also need to be organised and tenacious. You will interact closely with the senior management of the company and across all parts of the business, so strong verbal and written communication skills are
essential.
In addition to the specific requirements of the role, there is scope to contribute more broadly to the business, through the wider remit of the Chief Strategy Officer, which encompasses:
Strategy - shape and communicate a clear story and cohesive long-term plan for the Group and working internally and externally to support implementation
Corporate Development - identify and pursue potential business development
opportunities
Intelligence - carry out, share and act on appropriate market, customer and competitor research and analysis, both quantitative and qualitative
Innovation - build and leverage our reputation for innovation and creativity for growing commercial benefit
- Engaging with underwriting and technology teams to determine an appropriate digital underwriting strategy
- Oversight of our Marketing team, maintaining close alignment between strategic themes and brand identity
- Oversight of our Distribution function and strategy, engaging with Underwriting teams and Brokers
Experience
- Relevant experience in Specialty Insurance
- Experienced product head with strong strategic mindset and skills preferred
Technical skills
- Strong numerical skills
- Able to perform robust analysis
- Articulate written and verbal communicator
- Excellent attention to detail
- Proficient user of Microsoft Office products
- Understanding of Specialty Insurance essential

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