Product Manager-Bancassurance-HO & SUPPORT-Third Party Products
Kotak Mahindra Bank
5 - 10 years
Mumbai
Posted: 02/03/2025
Job Description
Manpower Requirement | |
Position Title | Product Manager – Bancassurance for Asset Channels (M5/M6) |
Department | TPP, RL HO Support |
Location | Mumbai |
Role | Product Management, Business Initiatives and MIS monitoring |
Reporting | VP – Product Head, Bancassurance (Assets) |
Job Purpose | Product Management for Insurance Business for Lending Business channels (Assets). Drive the product and Business-Planning Process across Cross-Functional Teams. Analyze Business Needs, Current Market Trends and Assess Competitor offerings and seek opportunities for differentiation. Develop, implement, and maintain project timelines across multiple projects and departments. Appraise new product ideas and strategize appropriate new initiatives and go to-market plans |
Key Accountabilities | Business Management, Strategy, Records and Income MIS, etc. |
JOB DESCRIPTION | |
Job role: Driving Life Insurance and General Insurance Product across channels and take the responsibility of numbers. Ideate and Explore ways in increasing the business through drives, campaigns and contests ·Will be responsible for incrementally adding to topline growth through constant endeavors to improve the overall value proposition of the product, identifying cross-selling/up-selling opportunities and implementing them ·Effectively planning the strategies by understanding the business dynamics, gap analysis, interacting with key stakeholders and framing implementation plan for seamless execution · Design and implementing product positioning, messaging and Go-To-Market Strategy across offline and online channels ·To ensure high quality launch materials, customer presentations and sales training. ·Have a keen eye to track the latest offering and developments in the market and become a repository for market
| |
Critical competencies | Analytical Skills, Domain Knowledge, Good coordinating skills, Project Management capabilities and Problem Solving .Ability lead a team and grow the people within. |
Key Interactions | Sales and Distribution Team, Product Teams, Process, Ops , Underwriting, Marketing and IT |
Measures of success | Quantity – Business Numbers Quality – Impact of Business Numbers basis the initiatives and drives from Central Office. |
About Company
Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.
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