NCBA Group is hiring an Assistant Manager - Product Development skilled in insurance product design, market lifecycle management, and bancassurance strategy.
Job Purpose Statement
Responsible
for supporting the development, enhancement, approval and performance
monitoring of insurance products to ensure the portfolio remains customer-led,
commercially viable, compliant and aligned to business strategy.
Duties and Responsibilities
Product
Development (60%)
- Coordinate end-to-end product development and enhancement.
- Conduct market, customer and competitor analysis.
- Develop product concepts, business cases and implementation plans.
- Coordinate pricing, policy wording, documentation and launch
readiness.
- Support testing, post-launch reviews, performance reporting and
product governance.
- Maintain product registers, approvals and regulatory documentation.
Audit
& Compliance (15%)
- Coordinate regulatory filings and internal approvals.
- Ensure compliance with IRA requirements, policies and governance
standards.
- Maintain audit-ready records and monitor regulatory changes.
Customer
Focus (15%)
- Promote customer-centric product design and Treating Customers
Fairly principles.
- Gather customer and distributor feedback.
- Collaborate across functions to improve products and service
delivery.
Learning
& Growth (10%)
- Complete required learning hours and development programmes.
Qualifications
- Bachelor’s degree in Business, Insurance, Actuarial Science,
Statistics, Finance, Marketing or related field. Actuarial qualification
in progress required. Insurance qualification (AIIK/ACII or equivalent) is
an added advantage.
Experience
- Minimum 5 years’ experience in product development, underwriting,
product management, business development or related insurance roles.
Competencies
- Customer Focus; Product & Commercial Acumen; Analytical
Thinking; Planning & Execution; Stakeholder Management; Governance
& Compliance; Communication; Innovation & Continuous Improvement.
How to Apply
