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Product Manager
Job Posted: a day ago
Salary: £ 45,000 - 55,000 / Annum
Job Type: Permanent
Location: Chertsey, Surrey
Expire in: a month
Job Description
Working with an award winning and forward-thinking insurance provider specialising in telematics-based insurance solutions for young drivers, we are pleased to be recruiting for a Product Manager to oversee the development and lifecycle management of the motor insurance products. Experience within the motor insurance market is a must!
Working from the head office in the Surrey countryside the successful applicant will benefit from an amazing working environment which includes access to the company onsite gym. Due to the location of the office you do need to be a car driver as this is an office based role Monday to Friday.
Key Responsibilities
Product Strategy & Vision
* Working with the underwriting team you will help define and execute the strategy for the enhancement and growth of existing motor products as well as manage the creation and implementation of new product extensions into adjacent markets
* Ensure existing products maintain their appeal and commercial edge by monitoring market developments and conducting competitor research into products and pricing
* Identify new product opportunities by analysing internal data alongside external analysis of industry trends, developments and horizon scanning of emerging technologies
Customer & Market Insight
* Collaborate with customer support, claims, sales, and compliance to gather feedback and identify pain points and unmet needs.
* Utilise customer feedback to recommend product improvements
Product Development & Delivery
* Translate customer and business requirements into clear product specifications and work with the underwriting team to build these in to insurer development plans
* Support and lead product development to ensure smooth delivery of new products and product enhancements
Performance & Optimization
* Track product performance using KPIs such as conversion, retention, loss ratio, and profitability.
* Identify levers to improve user experience, reduce churn, and increase operational efficiency.
Stakeholder Management
* Collaborate with distribution, marketing, and partnerships teams to drive go-to-market strategy and execution.
Required Qualifications
* Proven experience as a product manager or similar role within motor insurance
* Strong knowledge of insurance product development, underwriting principles, rating, and regulatory frameworks.
* Solid understanding of distribution channels
* Experience working with agile teams in a fast-paced, regulated environment.
* Data-driven mindset with a focus on measurable outcomes.
* Exceptional communication, collaboration, and stakeholder engagement skills.
What We Offer
* Competitive salary and performance-based incentives
* Comprehensive benefits package
* A chance to shape and scale a next-generation insurance productBefore You Apply
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