Insurance Product Manager

Job Description:

Insurance Product Manager - FTC

Hybrid Working

Staines / Salford Quays

Fixed Term Contract - 12 months

Full Time (37.5 hours a week)

£56,000 - £72,000 + 10% Management Bonus + Fantastic Benefits (Dependant on Experience and Location)

We make health happen

The role of Product Manager will be a core team member of a small team which focuses on our SME Private Medical Insurance (PMI) offering. The Product Manager will ensure current products remain customer centric, differentiated and competitive.

How you’ll help us make health happen:

• Carry-out fair value assessments and product reviews. Define and manage plans to address areas of underperformance and/ or fair value issues.
• Support the review and evolution of the product Terms & Conditions.
• Be the product expert in the review of customer facing and internal documentation and for internal and external enquiries.
• Interpret market, customer, and competitive information, and understand the internal context to help create a future product pipeline.
• Support the definition of the product strategy, projects of various nature and broker tenders.
• Support risk and incident management.
• Depending on the available capacity, support or manage the introduction of product enhancements and new products.

Key Skills / Qualifications needed for this role:

• Product management experience, ideally within the Private Medical Insurance industry or alternatively within the General Insurance industry or the Financial Services industry.
• Understanding of the proposition development processes and a good working knowledge of change/transformation processes and governance.
• Experience in managing or supporting fair value assessments and product reviews.
• Experience in the definition and management of product improvement plans.
• Experience in managing or supporting the review of Terms and Conditions.

Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

Joining Bupa in this role, you’ll receive the following benefits and more:

• 25 days holiday, increasing through length of service, with the option to buy or sell
• Enhanced pension and life insurance
• Private medical insurance
• Access to our health assessments and dental insurance
• Discounts on Bupa products and services
• Support for professional development and career growth

Why Bupa

We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.

We encourage all of our people to “Be you at Bupa”. We champion diversity and understand the importance of our people representing the communities and customers we serve. That’s why we especially encourage applications from people with diverse backgrounds and experiences.

Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role. We’ll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them.

If you require information regarding this role in an alternative format, please email: [email protected]

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