
Product Development Manager
15 hours ago
This role is focused on the development, execution, and financial performance of the DEP product. The Product Development Manager will be responsible for building the product, executing strategies, managing an underwriting team, and driving profitable growth within the DEP PI market.
- Deliver and continually improve the DEP product strategies, including target markets/key brokers, product differentiation, appetite, underwriting execution strategy, risk engineering, technology, and related areas.
- Define and execute a cohesive underwriting plan and value proposition for intermediaries, aligned with the overall product strategy.
- Execute the go-to-market proposition and distribution strategy for DEP, focusing on partners with the highest growth potential.
- Work closely with cross-functional teams to ensure strategic alignment across underwriting, distribution, and product management.
Key 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.
This is an exciting opportunity for a skilled Product Development Manager to join our team and drive the success of our DEP product. If you have a passion for product development and a proven track record of success in the insurance industry, we encourage you to apply.
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