Director of Insurance Products

SUMMARY:
Empower Insurance Innovation | Director of Insurance Products.

POSITION INFO:
We are partnering with a leading Pan-African bank in Kenya to recruit a seasoned and visionary Director of Insurance Products to lead the strategic development and management of the bank’s insurance product portfolio.

The ideal candidate will drive product innovation, ensure compliance with regulatory standards, and strengthen the competitiveness of the organization’s insurance offerings in the market.

What You’ll Be Driving:

• Product Strategy & Development:
  • Develop and execute the overall insurance product strategy in alignment with the company's goals.
  • Identify market opportunities and create innovative insurance products to meet customer needs.
  • Collaborate with cross-functional teams to ensure successful product development and launch.
  • Continuously evaluate product performance and make data-driven recommendations for improvement.
• Regulatory Compliance:
  • Ensure all insurance products comply with regulatory requirements and industry standards.
  • Stay abreast of changes in regulations and adjust product offerings accordingly.
  • Liaise with regulatory bodies to ensure compliance and maintain strong relationships.
• Market Analysis & Competitive Positioning:
  • Conduct market research to identify industry trends, customer preferences, and competitive landscape.
  • Develop pricing strategies that balance profitability and market competitiveness.
  • Work closely with the sales and marketing teams to position products effectively.
• Stakeholder Management:
  • Collaborate with internal teams, external partners, and key stakeholders to align product objectives with business goals.
  • Provide insights and recommendations to senior management based on market analysis and product performance.
• Operational Efficiency:
  • Oversee the entire product lifecycle, ensuring operational excellence and efficient processes.
  • Develop and implement policies, guidelines, and frameworks to streamline product management.
  • Utilize data analytics to monitor key performance indicators and drive product enhancements.
• Team Leadership:
  • Lead and mentor the insurance product team to foster innovation and continuous improvement.
  • Encourage collaboration, knowledge sharing, and professional development within the team.

Who You Are & What You Bring:

• Bachelor's Degree in Business, Insurance, Finance, or a related field; a Master's Degree is an advantage.
• Professional certifications in insurance (e.g., ACII, CPCU) are highly desirable.
• Minimum of 10+ years of experience in insurance product development, with at least 5 years in a leadership role.
• Strong understanding of insurance market dynamics, regulatory requirements, and risk management principles.
• Proven track record of developing and launching successful insurance products.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Strong leadership and communication abilities, with experience working cross-functionally.

Why This Role Rocks:
This is your chance to be at the forefront of shaping the future of banking within Africa! Collaborate with a global team, influence strategic decisions, and leave an indelible impact.

Ready to challenge conventions and redefine what’s possible? Apply now and join a culture where innovation knows no bounds! 🚀

If you meet the above requirements, please send your resume DIRECTLY to:

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If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles / positions. We also invite you to reach out to us to discuss your next finance career opportunity!

 

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