Assistant Manager | Product Development

• Product Development
• Assist in Research and build comprehensive analysis and business cases for developing new products with emphasis on market demands, strategic fit and profitability.
• Collaborates with internal teams such as underwriting, actuarial and legal to execute on product initiatives for new and existing products.
• Assists in drafting Product documents,
• Monitor the IRDA website for new circulars or guideline changes and communicate the same to the various business heads and also recommend product modifications if the circular warrants for the same.
• Analyze multiple data bases, institutional and retail marketplaces to identify market trends.
• Conducts gap analysis of existing BAGIC product portfolio on need basis.
• Carving out customized channel specific plans from existing products on need basis.
• Prepare presentations and analyze industry data
• Product Repository
• Repository of Competitors products
• Benchmarking of competitors products
• Maintains shared repository of regulatory guidelines and circulars
• Support to Business Channels
• Participates in product discussions with prospective and existing business partners.

Provide data or recommendations as per requests from other channels like Actuary, Operations, Finance etc.