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Product Manager / Senior Product Manager (General Insurance) @ NOVAC

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 Product Manager / Senior Product Manager (General Insurance)

Job Description

Job Summary:


We are looking for a highly motivated and experienced Product Manager / Senior Product Manager to lead the product development lifecycle from ideation to execution in the General Insurance sector (Non Motor, Property & casualty, Fire, and Marine). The ideal candidate will have a strong background in product management, experience in creating and managing BRDs (Business Requirement Documents) and FRDs (Functional Requirement Documents), and a proven track record of driving successful product launches in the insurance domain.


Key Responsibilities:


  • Define and execute the product roadmap in alignment with business objectives specific to the General Insurance industry.
  • Collaborate with cross-functional teams, including underwriting, claims, actuarial, engineering, design, marketing, and sales, to ensure seamless product development and delivery.
  • Gather and analyze user and business requirements to create BRDs and FRDs, ensuring clear communication of business and functional needs.
  • Conduct market research, competitor analysis, and regulatory assessments to identify trends and opportunities in the insurance space.
  • Define key product metrics and drive data-driven decision-making.
  • Work closely with stakeholders to prioritize product features and enhancements 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 other industry standards in product development.

Required Skills:


  • 8+ years of experience in product management, with at least 3+ years in the General Insurance industry.
  • Strong experience in creating and managing BRDs and FRDs.
  • Proven track record of successfully launching and scaling insurance products.
  • Deep understanding of General Insurance products, underwriting, claims management, and regulatory requirements.
  • Excellent problem-solving skills and strategic thinking abilities.
  • Proficiency in Agile methodologies and experience with tools like Jira, Confluence, or similar.
  • Strong analytical skills with experience in data-driven decision-making.
  • Excellent communication and stakeholder management skills.

Job Classification

Industry: IT Services & Consulting
Functional Area / Department: Product Management,
Role Category: Product Management - Technology
Role: Product Manager
Employement Type: Full time

Contact Details:

Company: NOVAC
Location(s): Chennai

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Keyskills:   Product Life Cycle Insurance Claims Brd Insurance Underwriting Product Roadmap Agile FRD Stakeholder Management

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