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Company Details

Novac Technology Solutions is a prominent player in the digital transformation and cloud solutions domain. We focus on delivering innovative and customized solutions to businesses across diverse industries, including FinTech, InsurTech, Digital Learning, and Immersive Technologies .

With comprehensive expertise in end-to-end product development, design, engineering, and cloud technologies, Novac enables businesses to adapt and thrive in an evolving digital landscape.

We believe in continuous innovation and an agile business model as key drivers of business success. Our diverse and inclusive work workplace encourages creativity, productivity, and performance. We are committed to building a strong workplace culture that values learning, collaboration, innovation, and people.

– Product Manager

Experience : 8 to 20 Years

Mandatory : Current experience in Life Insurance and Product Based company only

Location: Chennai & Navi Mumbai

Key Responsibilities:

- Define and execute the product roadmap for Life Insurance products and digital solutions .
- Collaborate with cross-functional teams, including Actuarial, Underwriting, Claims, Sales, and IT , to deliver high-impact product enhancements.




- Gather and analyze business and functional requirements and prepare detailed BRDs and FRDs .
- Work closely with technology teams to enhance and integrate Life Asia core systems for improved efficiency.
- Conduct market research, competitor analysis, and regulatory assessments to drive innovation in life insurance offerings.
- Manage the end-to-end product lifecycle , from ideation through implementation and post-launch improvements.
- Ensure compliance with IRDAI regulations and other applicable industry standards.
- Monitor key product performance metrics and optimize strategies based on data-driven insights.

Required Skills & Qualifications

- 8+ years of experience in Product Management, with at least 6+ years of experience in the Life Insurance domain .
- Strong experience in creating and managing BRDs and FRDs for insurance product development.
- Hands-on experience with Life Asia or other core life insurance platforms.
- Expertise in digital transformation, policy administration systems, and customer journey optimization .
- Proficiency in Agile methodologies and tools such as Jira, Confluence , or similar platforms.
- Strong analytical, problem-solving, communication, and stakeholder management skills .

📌 Product Manager (Chennai)
🏢 Novac Technology Solutions
📍 Chennai