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Product Manager Value Added Insurance

Hamlin Knight - Recruitment Specialists in Human Resources, Office Support and Sales & Marketing
Posted 8 hours ago, valid for 24 days
Location

Slough, Berkshire SL13XX, England

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • An expanding financial services organization in Slough is seeking a Product Manager for their Insurance and Value Added Products, offering a salary of £40,000 to £50,000 per year.
  • The role requires at least 3 years of experience in insurance, with Value Added Product experience being ideal but not essential.
  • Key responsibilities include managing the product portfolio, ensuring compliance with FCA requirements, and collaborating with Marketing and Sales teams to maximize profitability.
  • The position also involves developing new products and creating an insurance dashboard for performance reporting in conjunction with IT.
  • Benefits include 25 days of holiday, pension, healthcare, a car, and a hybrid work model of 3 days in the office and 2 days at home.

An expanding, financial services organisation, based in Slough, is looking for a Product Manager to manage their Insurance and Value Added Products. The role will involve product development, management of third party insurers / product owners and ensure profitability of all VAP's sold with, or separate to, a finance deal.

The portfolio consists of insured and non-insured products, as well as car insurance. The Insurance and VAP Manager will liaise regularly with Compliance, Marketing and Sales to ensure all commercial opportunities are maximised.

Key Responsibilities

  • Ensure products meet all consumer duty, FCA requirements and are of a high quality, providing value to consumers
  • Own and Manage the product portfolio of all VAP's sold through the business
  • Work closely within the Marketing team to ensure products are promoted centrally and within the retailer environment
  • Liaise with the Sales Teams to ensure opportunities are maximised and profitability targets are met
  • Work with the insurers, product providers and relevant third-parties to ensure contractual commitments are being met
  • Develop, in line with business requirements, new products
  • Design (in conjunction with IT) an insurance dashboard to report on overall performance and profitability by product

Key Skills

  • Experience of insurance
  • VAP experience ideal but not essential
  • Able to work on multiple projects at once

Benefits

  • 25 days holiday, increasing with length of service
  • Pension
  • Healthcare
  • Car
  • Great time to join an expanding organisation, in a new role with scope to develop
  • Hybrid - 3/2 office/home

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.