Senior Product Manager
- ICICI Lombard
- 1 - 4 years
- Hyderabad
- 2 months ago
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Job Description
Role: Senior Product Manager
Job Location: Mumbai / Bangalore / Hyderabad
1. Required Skills and Qualifications
1. Experience & Background:
- 1-4years of experience in Group Health Insurance, Employee Benefits, or related domains.
- Strong exposure to strategic planning, business development, or product management.
- Experience in working with insurers, brokers, TPAs, or health-tech firms preferred.
2. Skills & Competencies:
- Strategic thinking with a strong commercial and financial acumen.
- Strong understanding of health insurance underwriting, pricing, and claims management.
- Ability to drive digital transformation and cashless initiatives.
- Excellent negotiation, stakeholder management, and communication skills.
3. Educational Qualification:
- MBA / CA / Actuarial / Equivalent qualification preferred.
- Certifications in health insurance, underwriting, or data analytics will be a plus.
2. Key Responsibilities
1. Business Strategy & Growth:
- Develop and implement long-term strategies to expand the Group Health portfolio.
- Identify new market opportunities, customer segments, and distribution channels.
- Drive initiatives to improve the cashless ecosystem and enhance digital adoption.
- Formulate strategies to increase revenue, improve profitability, and optimize business mix.
2. Product & Pricing Strategy:
- Work with actuarial and underwriting teams to develop competitive product offerings.
- Design customized solutions for corporate clients and SMEs.
- Monitor industry trends, regulatory changes, and competitor strategies to adjust pricing models and benefits.
3. Partnerships & Alliances:
- Build strategic partnerships with intermediaries.
- Collaborate with brokers, intermediaries, and direct corporate clients to strengthen distribution.
4. Process & Operational Excellence:
- Optimize policy issuance, claims processing, and grievance redressal mechanisms.
- Leverage data analytics and AI-driven insights to enhance risk assessment and fraud detection.
- Drive initiatives to improve productivity and reduce turnaround time.
5. Stakeholder Management & Compliance:
- Engage with regulators, industry bodies, and corporate clients to align with evolving regulations.
- Ensure compliance with IRDAI guidelines and internal risk management frameworks.
Interested candidates can share their CV on ap**********r@***.icicilombard.com
Job Classification
Industry: InsuranceFunctional Area / Department: BFSI, Investments & TradingRole Category: General InsuranceRole: Insurance AnalystEmployement Type: Full timeContact Details:
Company: ICICI LombardLocation(s): Hyderabad
Keyskills: health underwriting health underwriter
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ICICI Lombard General Insurance Company Limited ICICI Lombard General Insurance Company Ltd is India's leading private sector general insurance company. We are a 74:26 joint venture between ICICI Bank Limited and Lombard Canada Inc. As a part of ICICI Group, we are well known for our innova...
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