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LMA Recruitment

Product Development Manager (Insurance)

5-10 Years
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  • Posted 29 days ago
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Job Description

About Us:

Our client is a leading insurer dedicated to delivering innovative and customer-focused insurance solutions.

Role Overview:

We are looking for an ambitious Product Manager or Assistant Manager with a strong actuarial background, ideally in pricing, to help shape and drive our product strategy. In this role, you will play a key part in developing, enhancing, and managing insurance products, ensuring they meet customer needs while achieving profitability and growth targets.

Key Responsibilities:

  • Lead the design, pricing, and implementation of new insurance products and enhancements.
  • Collaborate with actuarial, underwriting, distribution, and operations teams to deliver commercially viable solutions.
  • Conduct competitor and market analysis to inform product positioning and pricing strategies.
  • Monitor product performance, profitability, and claims experience, recommending adjustments where necessary.
  • Support regulatory filings and ensure compliance with industry standards.
  • Translate complex actuarial insights into actionable business decisions.

What We're Looking For:

  • Part-qualified or qualified actuary, preferably with a pricing actuarial background.
  • 5–10 years of relevant insurance experience, ideally in product development or pricing.
  • Strong analytical and problem-solving skills with the ability to balance technical detail and commercial impact.
  • Excellent communication skills with the ability to influence stakeholders across the business.
  • Proactive, detail-oriented, and comfortable working in a fast-paced environment.

What We Offer:

  • Competitive compensation and benefits package.
  • Opportunities for career progression and professional development.
  • A collaborative and supportive work culture.
  • Exposure to both strategic and hands-on product work, making a real impact on our customers and business.

How to Apply:

If you're excited about shaping the future of insurance products and have the actuarial expertise to back it up, we'd love to hear from you.

Company Reg No.: 201131609D | License No.: 24S2411 | Reg No: R1110891 | AL

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About Company

Job ID: 147606929

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Skills:

Product Configuration ToolsPortfolio OptimisationUnderwriting RulesInsurance Product PricingBusiness AnalysisPolicy Administration SystemsPricing FrameworksProduct DevelopmentQuantitative AnalysisProduct and Pricing KPIsCustomer Value Proposition DesignPricing EnginesData AnalysisActuarial Models