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Senior Product Manager (life insurance)

Novac Technology Solutions

5 - 10 years

Mumbai

Posted: 21/02/2026

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Job Description

Job Summary:


We are looking for a highly skilled Senior Product Manager with expertise in the Life Insurance domain to drive product development and digital transformation initiatives. The ideal candidate should have hands-on experience with Life Asia, along with a strong background in creating and managing BRDs (Business Requirement Documents) and FRDs (Functional Requirement Documents).


Key Responsibilities:

  • Define and execute the product roadmap for Life Insurance products and digital solutions.
  • Collaborate with cross-functional teams, including actuarial, underwriting, claims, sales, and IT, to deliver high-impact product enhancements.
  • Gather and analyse business and functional requirements to create detailed BRDs and FRDs.
  • Work closely with technology teams to enhance and integrate Life Asia core systems for improved efficiency.
  • Conduct market research, competitor analysis, and regulatory assessments to drive innovation in life insurance offerings.
  • Oversee the end-to-end product lifecycle, from ideation to implementation and post-launch improvements.
  • Ensure compliance with IRDAI regulations and other industry standards.
  • Monitor key product performance metrics and optimize strategies based on data insights.


Required Skills & Qualifications:


  • 9+ years of experience in product management, with at least 4+ years in the Life Insurance domain.
  • Strong experience in creating and managing BRDs and FRDs for insurance product development.
  • Hands-on experience with Life Asia or other core life insurance platforms.
  • Expertise in digital transformation, policy administration systems, and customer journey optimization.
  • Proficiency in Agile methodologies and tools like Jira, Confluence, or similar.
  • Strong analytical, problem solving, and stakeholder management skills.

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