Product Manager - Life Insurance

Job Description

𝐉𝐎𝐁 𝐒𝐔𝐌𝐌𝐀𝐑𝐘 As a Product Manager – Life Insurance, you will lead the development and execution of life insurance product suite. This role involves collaborating with insurers, reinsurers, and tech teams to design configurable, compliant, and digital-first products. You’ll drive underwriting automation, third-party integrations, and go-to-market support across GCC, MENA, and sub-Saharan Africa, ensuring scalable and customer-centric insurance solutions. 𝐐𝐔𝐀𝐋𝐈𝐅𝐈𝐂𝐀𝐓𝐈𝐎𝐍𝐒, 𝐒𝐊𝐈𝐋𝐋𝐒 & 𝐄𝐗𝐏𝐄𝐑𝐈𝐄𝐍𝐂𝐄: 5–8 years of experience, including 2–3 years in product development or digital transformation. Strong grasp of life insurance products, underwriting practices, and sales processes. Skilled in managing the full product lifecycle from concept to enhancement. Experienced in creating product specs, wireframes, and working in agile environments with tech teams. Well-versed in life insurance regulations across UAE, KSA, Kenya, and Egypt. Able to translate complex insurance and actuarial concepts into user-friendly digital journeys. 𝐉𝐎𝐁 𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐈𝐁𝐈𝐋𝐈𝐓𝐈𝐄𝐒: Lead the roadmap for Life Insurance offerings, including Term, Whole Life, Credit Life, Group Life, and Bancassurance products. Gather product, quoting, and underwriting requirements by working closely with insurers, reinsurers, and distribution partners. Design rule-based and data-driven workflows incorporating reinsurer guidelines, mortality tables, facultative referrals, and medical scoring engines. Develop modular tools for insurers to customize benefits, premium structures, sum assured limits, riders, and age-based rules. Drive seamless integration with reinsurers, KYC systems, digital medicals, and policy admin platforms for efficient onboarding and issuance. Ensure alignment with life insurance regulations across GCC, MENA, and sub-Saharan African markets. Empower agents, banks, and brokers with tools for digital quoting, needs analysis, suitability checks, and proposal submission. Partner with actuaries to implement rating engines, premium calculators, and mortality-based pricing models. Define key metrics for funnel performance, conversion, claims incidence, sum assured trends, and underwriting effectiveness. Support product pilots, partner training, and commercial enablement to ensure smooth product rollouts. Kindly get in touch with Umar Farooqui - I for a confidential discussion Show more Show less