Senior Product Strategist

1 week ago

Sydney, New South Wales, Australia beBeeDesign Full time $200,000 - $230,000
Product Development Manager

Influencing and supporting the national Design and Engineering Practitioners Professional Indemnity strategy, target market, appetite and coverage to drive profitable growth, expand market share, and ensure long-term success is crucial.

  • Building and executing strategies, managing an underwriting team, and driving profitable growth within the DEP PI market are key responsibilities.
  • Collaborating with various internal teams and external vendors to ensure the product is competitive, profitable, and meets market needs is essential.

This role involves two distinct phases: Phase 1 focuses on building the product and channel from the ground up, including influencing the strategy, working with pricing to build the algorithm, collaborating with the project squad, driving promotional efforts, and recruiting underwriters. Phase 2 transitions to managing and scaling the product post-launch, overseeing underwriters, and driving ongoing product management and growth.

Key Duties:

  • Delivering and continually improving the DEP product strategies.
  • Defining and executing a cohesive underwriting plan and value proposition for intermediaries, aligned with the overall product strategy.
  • Executing the go-to-market proposition and distribution strategy for DEP focusing on partners with the highest growth potential.
  • Working closely with VSL and the broader team to ensure strategic alignment across underwriting, distribution, and product management.
  • Providing expertise into the technology build in collaboration with the technology team and external vendors, ensuring the infrastructure supports product growth, market fit, and scalability.

Requirements:

  • At least 10 years of commercial experience in Design and Engineering Practitioners PI or equivalent Construction PI.
  • Proven experience in leading and developing teams in the insurance industry, with a focus on product development, strategy, underwriting, and financial performance.
  • Strong understanding of intermediary markets, underwriting principles, and insurance products, particularly in DEP PI.
  • Experience in 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.

What We Offer:

  • A competitive salary package.
  • A flexible working environment and arrangements; genuine focus on work-life balance.
  • Numerous discounts with our corporate partners.
  • We offer support and various programs for our people.

Our Culture:

  • We believe we are at our best when our workforce is as diverse, talented, and passionate as the communities in which we live and operate.
  • We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development, and internal mobility, and building connected relationships amongst our team members and with our customers.

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