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Product Development Specialist - Partnerships & Digital Jobs

1 month ago   Jobs Offers   Nairobi   87 views

0.0 star

Location: Nairobi

Job Description/RequirementsKey responsibilitiesProductIdeation and Market Research: Generate, develop, communicate andconduct market research for new Corporate product ideas in the market.Product Design and Pricing: Determine technical premiums for new and repackaged Corporate products.ProductRisk management: Identify and analyse risks relating to new andrepackaged Corporate products, and setting out proposed risk mitigationmeasures.Systemand Process Capabilities: Drive the operationalization of new productsi.e. ensure processes and systems are in place to administer thecomplete product administration cycle.ProductApprovals: Drive the product approval process both within the Companyand externally with the Insurance Regulator and other government bodies -where relevant.ComplianceRequirements: Work with the Legal and Risk functions to ensure that allcompliance requirements with respect to products are met.ProductDocumentation: Develop and continually review product training manualsand content for marketing brochures that are appropriate to the targetmarket and distribution channel of the products.Work with the Innovation and other teams to turn data insights into profitable products.Work with the marketing team to improve the look and feel of Britam product offerings.Own and improve the Britam Corporate client journey with a focus on customer-centricity.Perform any other duties as may be assigned from time to time.Knowledge, experience, and qualifications requiredUniversity Degree in Actuarial Science - or another highly numerate subject area.Goodprogress in the examination from the Institute and Faculty of Actuariesor any equally recognized professional actuarial body (attempted andpassed at least 8 actuarial exams).At least 3 years experience in an actuarial or product development function in a very busy office.Experience across product lines preferred i.e. life and non-life.Proven experience working across functions and with multiple stakeholders.A keen eye for innovation in the insurance and financial services space preferred.

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