Manager - Product Management - BFSI

PROGRAMME MANAGEMENT PLANNING

Define the scope of the project in collaboration with senior management

Create a detailed work plan which identifies and sequences the activities needed to successfully complete the project

Determine the resources (time, money, equipment, etc) required to complete the project

Develop a schedule for project completion that effectively allocates the resources to the activities

Review the project schedule with senior management and all other staff that will be affected by the project activities; revise the schedule as required

Determine the objectives and measures upon which the project will be evaluated at its completion STAFFING

In consultation with the appropriate manager select staff with appropriate skills for the project activities

Manage project staff according to the established policies and practices (time sheet)

Establish clear ownership of the tasks and assign the same to relevant project members IMPLEMENTATION

Execute the project according to the project plan

Develop forms and records to document project activities

Set up repository to ensure that all project information is appropriately documented and secured for corporate memory

Monitor the progress of the project and make adjustments as necessary to ensure the successful completion of the project

Establish a communication schedule to update stakeholders including appropriate staff in the organization on the progress of the project COMMUNICATION

Prepare reports / presentation on the project for management

Publish periodic updates to management / relevant stakeholders

Take corrective action to address deviations in consultation with relevant stake holders IRDA / PARMC GOVERNANCE

Timely submission of approved products final documents to regulator and be responsible for product launch readiness

Timely Submission of Half yearly reports to Regulator

Timely Submission of ad hoc reports to Regulator as and when required

Tracking all PARMC approvals MISCELLANEOUS

Look for opportunities for automation

Lead quality projects and represent them in forums such as POY and Max Excellence Day

KEY RESPONSIBILITIES

No STRATEGIC THEME KRA MOS

1. Build Pride in Products by delivering timely product solutions

- Develop and track to detailed project plan, including schedule, resources, communications, risk mitigation and issue resolution

- Effectively communicate project expectations to team members & define clear ownership

- Prepare and deliver project report-outs to key stakeholders as necessary

Illustration--Adherence to plan: - 85 % for G1, - 80% & - 85 % for G2 and - 80% for G3

2. Operational Excellence (IFTIS/NWS/Maxis)

- Creating and meeting all project milestones

- Developing project schedules, cross-functional deliverables, and detailed timelines

- Identifying and managing project priorities and dependencies

- Managing cross-functional teams

- Driving team accountability for deliverables

- Identifying and minimizing project risk

Illustration--

Adherence to plan: - 90 % for G1, - 80% & - 90 % for G2 and - 80% for G3

3. IRDA / PARMC Reporting

- Timely filing of regulatory reports

- Repository Management

- Launch Readiness

100% meeting of targets for G1

Measures of Success

Refer to the Table

Key Relationships (Internal /External)

Internal - Corporate Actuarial, IT, POS, Legal, Finance, PAG, NB, Claims, Underwriting

Key competencies/skills required

Industry Knowledge, team working skills, interpersonal skills, problem solving skills, understanding of operational aspects, good written and oral communication skills

Desired qualification and experience

Graduate in any discipline, with 5 - 7 years (or more) of experience

Project management experience with knowledge of quality tools

Experience in IT and operations area would be an added advantage

Self motivated and ability to represent himself in front of senior management