Head Of Product Development

Head of Product Development within the Commercial Markets & Product Division. Reporting to the Commercial Markets & Product Director. This role can be based in Kilkenny or Dublin with Hybrid working.Our clients currently have a full-time permanent vacancy for a Head of Product Development. The primary focus of this role is to lead the development of new products, setting strategy and leading the 'end to end' Product Development process

Key role responsibilities

• Build and implement product strategy and future product architecture to support delivery of group vision and strategy. Lead development of compelling Insurance products, collaborating with the Group Customer Office as appropriate.
• Develop & implement best in class processes for product innovation, design & development.
• Build and manage opportunity pipeline for new product and benefits, working with stakeholders to assess relative priority, develop road maps and communicate progress on new product pipeline.
• Develop a best-in-class approach to new product design and development and lead the product design process for new products.
• Ensure new products are developed in line with agreed design principles and life cycle management standards.
• Embed key principles of CPRA and Product Oversight & Governance regulations into the new Product Development process and continually improve /optimise.
• Represent Insurance business in customer proposition development process with Group Customer Office
• Lead ideation for new products, working with Group Customer Office to ensure integrated propositions and customer journeys.
• Maintain strong awareness of market, competitor products and international best practice to drive the development of Product strategy & plans.
• Work with internal partners to define and deliver market and customer insights to inform Product Development strategy and plans.
• Ensure strong governance throughout Product Development process, developing all new products in line with organisational policy, and legal and regulatory obligations.
• Build strong collaborative relationship with key internal business stakeholders working closely to ensure alignment with group strategy framework.
• Lead and develop the Product Development team.

Requirements

• Excellent financial and commercial acumen
• Strong technical understanding of insurance products & underwriting processes
• Excellent analytic & problem-solving skills.
• Self-driven, strongly motivated and results orientated.
• Proven leader and people manager, with ability to motivate and inspire.
• Confidence to influence and challenge at all levels.

Education & Knowledge:

• Commercially focused Qualified Actuary or Experienced Product Development Manager
• Relevant Third level qualification, preferably master's level
• Professional insurance or financial services qualification / accreditation preferred

Experience:

• Product development leadership & management experience.
• Proven track record of financial product innovation and development.
• Proven track record for delivering profitable growth.
• Strong knowledge of insurance market dynamics and regulatory landscape.

Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.