Head - Product Development - Wealth

Job Title Head - Products (Wealth)

Experience 5 - 10 years

Department/Group Products

Qualification Graduation / MBA

Location Dubai

Position Type Full Time

Key Skills:

- Have the ability to organise everything concerned with the product's development

- Have excellent verbal and written communication skills

- Have good leadership skills to supervise those involved with each stage in the process

- Understand Life Insurance products and services.

- Be energetic and passionate about product

- Be able to work under pressure

- Should have dealt with Life insurance product

Role and Responsibilities

- Manage a team of Investment Counsellors.

- Interviewing, hiring and training of investment counsellors.

- Product lifecycle management from concept to phasing out of the product(s) across all products/product lines.

- Management of existing product lines, increasing profitability and setting of Profit and Loss goals for each product/product line.

- Establish metrics to measure effectiveness and drive improvements.

- Creation of product strategy, product roadmaps and specification of product requirements.

- On-going development of the product vision and strategy. Synthesize ideas on strategy, planning and execution of next generation of products. Building consensus and driving execution.

- Maintain product and market knowledge. Analyses and keep abreast of market trends.

- Aggressively identify opportunities for improvement and incorporate new product features on an on-going basis. Define market opportunities and develop product briefs.

- Lead cross-functional teams to realize product concepts and bring them to market. Work with customers and internally to define and refine product requirements.

- Best practice research and benchmarking. Conduct competitive analysis and develop a strong understanding of stakeholders to drive development decisions.

- Ability to train people on Life insurance products.

- Act as product evangelist both internally and externally.

- Develop and manage relationships with customers.

- Function as the technical contact point.

- Addressing complaints and resolving problems.