The Person would be primarily responsible to drive the growth and success of the company’s product portfolio by overseeing the development, innovation, and management of products. This role plays a pivotal part in shaping the company’s competitiveness in the market, ensuring that it meets the evolving needs of customers, complies with regulatory requirements and implement a Strategic Plan (SP) for product development.
Job Responsibilities
Strategy and Planning
- Drive the Current Business Value by optimizing the growth and the profit margin as per SP.
- Product conceptualization & assist in the formulation & development of the product Strategy, road map & development
- Product Launch Strategy – Design & execute the launch plan as well as develop Go to market strategy & launch activities in coordination with Marketing team.
- Supports the CINSO in the development of the product plan in accordance with the company's Strategic Plan.
Profitable Growth Proposition
- Responsible for value proposition to Customer & Distributor.
- Drive Personalized Value Propositions in accordance with the Lifetime Partner strategy. Enhance innovation and ecosystems of Value-Added Services to improve value proposition in collaboration with the Customer Officer.
Product Proposition & Development
Define policies and drive governance for the following areas:
Product Development
- New products are aligned to the SP & demand in the local market
- Implementation of the product plan.
- Development of Social products.
- FGILI has a fair position in terms of a comprehensive and competitive portfolio
- Modify the products to course correct any deviation to the expected outcomes, both financials and market positioning
- Meet regulatory compliance
Portfolio Management
- Steer Life Product mix towards profitable lines of business with fair balance between demand in the local market and the strategic objectives of the Group, International and the Asia Region
- Expanding and/or pruning of
📌 Head Product Development (Mumbai)
🏢 Generali Central Life Insurance
📍 Mumbai
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