#Vacancy: Head - Product Development & Channel Innovation Job at Leading Insurance Corporation

[Jobrib]

Job Title: Head – Product Development & Channel Innovation

Company: Leading Insurance Corporation

Job Type: Full Time

Qualification: BA/BSc/HND

Location: Lagos, Nigeria

Job Field: Administration Insurance

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Kendor Consulting is currently sourcing the right candidates to take up strategic roles in her client organizations. Our client is a leading Insurance Corporation with a twenty three year track record in General and Life businesses.

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Description:

To identify and commercially develop innovative business ideas across different market segments including Retail (especially the mass market), SME and Corporate.

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Responsibilities:

• Identify clients, understand their needs and preferences, design new products and/or enhance existing ones according to customer needs, develop costing and pricing, conduct pilot tests, develop a product launch strategy, and provide marketing support.

• Designing innovative delivery channels for current and new products and services through identifying, developing, and monitoring the product channel mix.

• Working collaboratively with our technology, underwriting, claims and actuarial functions to develop new strategies and products by providing valuable new insights into customer needs, new technologies or business partners.

• Managing a research programme to keep abreast of new and emerging trends and technologies.

• Defining, building and delivering concepts for new value creation through innovation in channels, products and services.

• Collaborating with internal and external partners to drive innovation initiatives through full process from idea to commercialization.

• Managing the Innovation team and budgets to demonstrate return on investment within a reasonable time-frame.

• Carrying out other assignments delegated by the Group Managing Director from time to time.

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Education Requirements:

• B.Sc in related field, M.Sc

• Professional Qualification

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Experience:

• Ten years' experience in similar role

• Experience in the financial services sector

• Flair for Marketing and Product Development

• Experience in Strategic Planning.

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