28 Aug
|
Bajaj Finserv Health
|
Pune
28 Aug
Bajaj Finserv Health
Pune
Job Description:
We are looking for a Senior Product Lead Motor Insurance to spearhead the development of a global motor insurance platform product. This role will lead a team of 2–3 Product Managers and own the end-to-end product strategy and execution—from regulatory alignment and product design to go-to-market, operations enablement, and continuous optimization.
The ideal candidate brings deep expertise in motor insurance, strong product leadership, and execution rigor, with the ability to drive complex, cross-functional initiatives across business, technology, operations, and compliance teams. You will set the product vision, mentor PMs, and ensure scalable, compliant, and customer-centric solutions across international markets.
Key Objectives/Responsibilities of this Role:
- Own end-to-end product strategy and execution for Motor Insurance from concept to scale
- Design and launch core motor insurance journeys including Quote & underwriting, Policy issuance & endorsements, Claims (FNOL, surveyor flow, approvals, payouts), Renewals, cancellations, and customer servicing
- Translate global regulatory requirements into compliant product workflows
- Define PRDs, workflows, control points, SLAs, and TAT benchmarks for all motor insurance processes
- Drive zero-to-one execution: MVP definition, phased rollout, experimentation, and iteration
- Partner with engineering to deliver scalable, secure, and auditable systems.
- Continuously optimize product based on data,
customer feedback, and operational learnings
Mandatory Skillset & Experience:
- 3-5 years of Product Management experience, mandatorily in Motor Insurance Business
- Strong hands-on experience with Motor Insurance (OD, TP, claims, surveyor processes)
- Proven experience building zero-to-one products (new business lines, new platforms, or greenfield products)
- Ability to write clear PRDs, process flows, and decision frameworks
- Strong understanding of insurance operations, underwriting logic, and claims lifecycle
- Experience working with cross-functional teams (Tech, Ops, Legal, Compliance, Sales)
- Data-driven mindset with comfort using metrics to drive product decisions
Behavioral Skills:
- Self-driven and proactive.
- Structured thinker who can simplify complex insurance workflows
- Plan and execute projects in a timely fashion meeting the project timelines
- Owner’s mindset with high accountability and bias for action
- Solid stakeholder management and communication skills
- Ability to balance regulatory rigor with customer experience
Preferred Qualification:
- MBA or Equivalent management degree.
- Bachelor’s degree in engineering, Business, or related field
Preferred Certifications:
- Product Management certifications (Pragmatic, Scrum Product Owner, CSPO, etc.)
- Any regulatory or compliance training related to insurance is an added advantage
📌 Product Manager - Motor Insurance (Pune)
🏢 Bajaj Finserv Health
📍 Pune