| Date | 2024-09-18 |
|---|---|
| Job Title | Executive Director Of Products – Insurance (Kenya) |
| Employer | Network International More Information |
| Salary | 0 |
| Category | It Computer |
| Location |
Africa / Africa |
Job Summary
Role`s Purpose:
The ideal candidate will have deep expertise in the insurance industry, strong leadership capabilities, and a strategic mindset to oversee the product lifecycle from concept to market launch and beyond.
Key
Responsibilities:
– Strategic Leadership:
- Develop and execute the overall product strategy in alignment with the company’s business goals and objectives.
- Provide thought leadership and insights on emerging trends in the insurance sector, especially in the Kenyan and broader East African market.
- Collaborate with senior management to align product development with the company’s strategic vision.
– Product Development & Management:
- Lead the end-to-end product development process, including ideation, design, development, and market introduction.
- Oversee the entire product lifecycle, from market research and concept development to product launch, maintenance, and retirement.
- Ensure products meet customer needs, are competitive in the market, and comply with local regulatory standards.
– Market Analysis & Competitive Intelligence:
- Conduct thorough market research and competitive analysis to identify opportunities and threats in the insurance landscape.
- Analyze customer needs, market trends, and competitor offerings to inform product development and innovation.
- Maintain a strong understanding of the regulatory environment and ensure all products comply with local and international standards.
– Team Leadership & Development:
- Lead, mentor, and develop a high-performing product management team.
- Foster a culture of innovation, collaboration, and continuous improvement within the product development team.
- Set clear goals and expectations for the team, providing regular feedback and performance evaluations.
– Cross-funciotnal Collaboration:
- Work closely with other departments, including Sales, Marketing, Underwriting, Operations, and IT, to ensure successful product launches and ongoing product management.
- Collaborate with the actuarial team to ensure product pricing and profitability align with business objectives.
- Partner with the technology team to drive digital transformation and innovation in product offerings.
– Financial Management:
- Oversee the product budget, ensuring effective resource allocation and cost management.
- Monitor product performance, including sales, profitability, and customer satisfaction, and make data-driven decisions to optimize product offerings.
- Provide regular reports to the CEO and board on product performance, market conditions, and strategic initiatives.
– Customer & Stakeholder Engagement:
- Engage with key stakeholders, including customers, brokers, agents, and regulators, to gather feedback and ensure product relevance and satisfaction.
- Represent the company at industry conferences, seminars, and events to promote the company’s product portfolio and thought leadership.
Required Qualifications:
- Bachelor’s degree in Business, Finance, Insurance, or a related field. An MBA or relevant master’s degree is preferred.
Experience:
- At least 10 years of experience in the insurance industry, with a strong background in product development and management.
- Proven track record in a senior leadership role, preferably as a Director or VP of Product in a reputable insurance company.
- In-depth knowledge of the Kenyan insurance market, including regulatory requirements and market dynamics.
- Strong financial acumen and experience with P&L management.
- Excellent leadership, communication, and interpersonal skills.
- Ability to think strategically and translate business goals into actionable product strategies.
Skills:
- Strategic thinking and business acumen.
- Strong leadership and team management skills.
- Market research and analytical skills.
- Customer-focused mindset with a strong sense of market demands.
- Ability to innovate and drive change.
- Excellent communication and stakeholder management skills.
Working Conditions:
Full-time position based in Kenya.
How to Apply:
If you meet the above requirements, please send your resume DIRECTLY to: Network International
Executive Director Of Products – Insurance (Kenya) position available in Africa, Africa. This job position was posted by Network International. The job has been posted as a char8000 ad on 2024-09-18 at 01:19:27 in the It Computer category
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