
Product Development Manager
3 days ago
About the Role
The successful candidate will be responsible for driving the development, execution and financial performance of the DEP product. This includes building the product, defining strategy, managing an underwriting team and driving profitable growth within the DEP PI market.
This role requires close collaboration with internal teams and external vendors to ensure the product is competitive, profitable and meets market needs. The role consists of two phases: Phase 1 focuses on building the product and channel from the ground up; Phase 2 focuses on managing and scaling the product post-launch, overseeing underwriters and driving ongoing product management and growth.
Key Responsibilities
- Deliver and continually improve the DEP product strategies (target markets, product differentiation, appetite, underwriting execution, risk engineering, technology, etc.).
- Define and execute a cohesive underwriting plan and value proposition for intermediaries, aligned with the overall product strategy.
- Execute on the go-to-market proposition and distribution strategy for DEP, focusing on partners with the highest growth potential.
- Work closely with the broader team to ensure strategic alignment across underwriting, distribution and product management.
- Provide input into the technology build in collaboration with the technology team and external vendors to ensure infrastructure supports growth, market fit and scalability.
Requirements
The ideal candidate will have at least 10 years of commercial experience in Design and Engineering Practitioners PI (or equivalent Construction PI). They will also have:
- Proven experience leading and developing teams in insurance with a focus on product development, strategy, underwriting and financial performance.
- A strong understanding of intermediary markets, underwriting principles and DEP PI products.
- Experience building and implementing underwriting guidelines, delegated authorities and profit and loss management processes.
- Demonstrated ability to collaborate with technology vendors and internal teams to define and build technology solutions that support business goals.
- Knowledge of reinsurance strategy and pricing algorithms.
Benefits
- Competitive salary package.
- Discounts of up to 25% on various insurance offerings.
- Flexible working environment and arrangements with a genuine focus on work-life balance.
- Discounts with corporate partners across retail, travel, health and wellbeing.
What You Will Love About Working With Us
We value a diverse, talented and passionate workforce and are committed to inclusion, flexibility, career development, internal mobility and building strong relationships with our teams and customers.
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