Job Description

Description:Advise on the pricing and design of new products (covering technical and market-based pricing), with a focus on protection products.Your role

• Consolidate proposition plans with input from Proposition Managers and other stakeholders; develop and manage a multi-year pipeline of propositions.
• Coordinate cross-functional efforts to refresh, upgrade, transfer or develop new propositions and launch them in the market.
• Identify winning proposition features or underlying approaches to build those features, and leverage them across multiple geographies as applicable.
• Apply, communicate and help to improve Development tools, processes, metrics and mind-sets.
• Drive post-launch proposition performance reviews. Coordinate corrective actions in conjunction with Proposition Managers and Proposition Specialists.

• Develop and maintain a solid network of skilled Specialists in all relevant areas and systematically engage them to develop propositions.

• Utilize established financial systems to track budgets and highlights variances in order to manage and control specific cost variables.
• Develop simple business cases for defined projects in own area of specialism (e.g. changes to current propositions / products), to determine potential benefits, clarify the rationale for investment and support the planning process.
• Prepare draft manuals/guidelines to ensure risks are effectively identified when designing new propositions / products, and follow risk and compliance procedures to make sure new propositions / products are compliant with the organization\xc2\xb4s policies.
• Research primary data sources, select relevant information, analyze key themes and trends and make recommendations to inform design of new propositions / products.
• Contribute to the execution of competitive analysis in own area of expertise (e.g. pricing, coverage, brand etc.), reconciling internal perspectives (costs and risks) with external perspectives (customer needs, competitiveness).
• Research best practice and review and analyze detailed business models to support senior management in developing and improving propositions / products, processes and systems.
• Manage the implementation of processes, systems configuration and training in own function area to ensure that propositions / products under development are effectively delivered.
• Act as subject matter expert in a process or product area, actively contributing to the \xe2\x80\x9cpipeline of ideas\xe2\x80\x9d to develop propositions / products that improve customer experience.
• Provide specialist advice in a specific area (e.g. underwriting, pricing, claims, marketing communications, legal, distribution etc.) to contribute to new proposition / product design and development.
• Regularly engage in the design and development of relatively complex propositions / products, designing or help to design specific components (e.g. wordings, pricing, service features, claims delivery, go-to-market strategies, advertising campaigns etc.).
• Collaborate with proposition / product specialists in all relevant areas of expertise to ensure that the proposition / products under development is built and delivered in an integrated fashion.

Requirements:Bachelors degree (or equivalent) in Economics, Mathematics/Statistics with 8 or more years of experience in related field.

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